CL Journal

How can you say you are 2 for 2 when those bottoms don't affect your trade in any meaningful way? You went long before those "short term" bottoms, held through them, and are looking for around $60. These bottoms are inconsequential to your trade.
 
How can you say you are 2 for 2 when those bottoms don't affect your trade in any meaningful way? You went long before those "short term" bottoms, held through them, and are looking for around $60. These bottoms are inconsequential to your trade.
I don't see why I can't call out a short term bottom without making a trade. I am not claiming that I made any money from the calls.
 
I don't see why I can't call out a short term bottom without making a trade. I am not claiming that I made any money from the calls.
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Sooner or later looks you will be right; looks like later.
Since you started out CL Journal with a trade on WTI [or something very correlated to it LOL]

We figured you were actually trading that bottom.Some traders think ES,SPY is correlated to oil; it has been But i always wondered if daytraders liked that simply because looking @ more data, could cut down on commissions .LOL.??

CNBC calls plenty of bottoms; but you do better than CNBC, i seldom read themLOL.
 
:D

you went long in a downtrend, pretty much what surf does
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Maybe Re2016; but with that post dated may 3rd most of the longer term trends wereUP , including the 12 month charts. Fast forward or medium speed forward, LOL ,many of the trend$ including 12 months are down, today before lunch JUNE 5.Thanks.

NOT a prediction + NOT calling the bottom.; we maybe closer than 7 days ago?? The bottom is only'' known'' in hindsight anyway.Thanks
 
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