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long at 60, stop 30 ticks away

out at 60

long 40, stop 37

http://www.bloomberg.com/news/2011-04-05/nymex-may-tighten-wti-rules-as-refiners-question-crude-quality.html Interesting article. Light sweet crude is inferior quality to brent, probably explains some of the premium.

out at 45 This 20 tick target is working today!

reentered at 25

long 25, stop 18

Today's Numbers: Wednesday, April 6, 2011 7:00 AM ET. Apr 1 MBA Mortgage Applications Survey Market Composite Index (previous 485.3) Market Composite Index Cur Chg (previous -7.5%) Purchase Index (S.A.) (previous...

out at 17

short 38, stop 48 stop b/e

short 44, stop 60

out 51

long 849, stop 848

Hi NoDoji! Glad you didn't laugh at my trades (you can do so later!). My question is: why did you choose to have 20 point fixed targets today? Did you have stops 10 ticks away for a 2:1?

Where is NoDoji? Is she around? I'm sure she rolls around in laughter at all my trades (even though i'm sure we don't trade dissimilarly).

Not necessarily. We have these sort of events before. You have a narrow range for a day or two then something happens on the following day, maybe a report ( i note the crude oil inventories numbers are tomorrow :D ) and everything sells off like mad.

Prediction: mass sell off tomorrow. I thought it would happen today, but delayed :D .

Another day of absolute crap. The volatility has decreased big time. V little follow through. Better off trading Brent.

I was on the phone and was not watching the screen, otherwise i would have exited at 39.:mad: :mad: :mad: Exited at b/e.

I really don't see why it can't break 10860 today. /talks position