CL Journal

Buy1Sell2 · Jul 27, 2017

Buy1Sell2 said:
Staying long here with pricing at 48.67 and stop remains. In addition, I will exit on a close below 45

Pricing continues top favor my position here at 49.16 Staying long.

Buy1Sell2 · Jul 27, 2017

Reminder---trading CL (or any market) does not require any knowledge of, or review of, fundamentals.

Buy1Sell2 · Jul 27, 2017

Trading ANY market only requires one thing, which is your edge, and that is prudent risk management.

SteveA · Jul 27, 2017

Buy1Sell2... can you start a private thread with me please

thank you

algofy · Jul 27, 2017

SteveA said:
Buy1Sell2... can you start a private thread with me please

thank you

Add me if u do please.

_eug_ · Jul 27, 2017

I'm thinking we maybe topping here, at least for a retrace no?

Buy1Sell2 · Jul 28, 2017

_eug_ said:
I'm thinking we maybe topping here, at least for a retrace no?

I don't currently see that. It could be, but I don't see it yet.

_eug_ · Jul 28, 2017

Buy1Sell2 said:
I don't currently see that. It could be, but I don't see it yet.

I totally misread it... its going parabolic now.

algofy · Jul 28, 2017

_eug_ said:
I totally misread it... its going parabolic now.

Too much guessing and emotion, it's up decent today, far from "parabolic".

_eug_ · Jul 28, 2017

algofy said:
Too much guessing and emotion, it's up decent today, far from "parabolic".

Looks pretty steep compared to the price action in the past few days.. and its going up slow, not like one of those algo explosions. I've only started looking at CL recently tho.