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Momentum seems to be stalling & price wedging

Short 1363.25 off 1, stop near HOD, hard stop +10 Reason: we are Hi & small triple D on 1 Scaled out 2/3 +1.75

I agree, especially so when looking on daily chart's histo, bull pattern caved in last week. So ImPO divergencies on 240 & < will provide unsustainable upside opportunities. Daily has to concur. Divergencies on shorter term charts either progress into a larger term one or end cycle on short term...

kind of, it's a matter of distinguishing good from not so good

TY! opps=opportunities :) appreciate feedback, that's what this is all about give & take

3m histo putting in bull pattern 1/3 b/e Although in black, seem to be on the wrong side of where market desires to go so far today. Than again I am not in favour of quick upsides in respect of sustainability of moves, I would rather look for opps to fade them

DOWN!! C'MON!!

LOL, that was harsh man.

Buffett, 10 year bet, ain't he pretty old already?

Short 1359.5, stop near 1361.25, hard +10 Scaled out 2/3 +2.5 Reason for shorting was quick range expansion followed by weakness on 1m chart's 2nd up swing failing to take out HOD, so small stop gunning for potential double top

1/2 b/e I saw that happening when I was looking on 5 &10m charts 20min ago

Re-entered short 1354.75 off 1 50% position, same stops Scaled out 1/2 +1.5 5m chart's histo caved in ImPO Substantially down pre-market

1/3 b/e

Short 1355 off 1, stop near 1357, hard stop +10 Scaled out 2/3 +2.25

Sorry man, why don't you just say how it really went today? Honesty is the best way, there is no point trying to convince yourself that all is OK when it's far from it. 10% down on capital in 1 day is way too much risk. Nobody will criticise you for losing, that's part of the game. But you have...

I hope that's not Kamek

Sure, I will be trading this from the long side tomorrow. TY! Histogram points to upside, as far as I see it Gold has retraced & now we are ready to re-test highs

My view on Gold http://www.elitetrader.com/vb/showthread.php?s=&postid=1951980#post1951980

I see a strong move in Gold here $930+ dare I say re-test current highs, who knows. Do you see inversed H&S here? + histogram is in bullish pattern 3 rising troughs. We just witnessed a vicious squeeze in CL, ImPO same to be expected in Gold here. <img...

When I look on the Daily chart of CL N8 I see a vicious headfake, squeeze the life out of shorts & when they are convinced that crude is 'unshortable' the real sell-off starts, but by that time a hell of a lot of traders would not trade CL from the short side, so I assume anyway. But the method...