CL Redux

[riskaddict]

short 1 QM 73.20 no add until 74.40 targeting 72.

 

[frank8800]

sim short 73.18, .15 stop, .25 target

The trend is clearly down and I'm getting a sell signal, but what I don't like about this trade is the recent upward momentum of price.

 

[bearmountain]

Quote from mrbochin23:

Hi,

We have a Naked Point of Control at 72.24.

A lot of nudity in MP, isn't there also a virgin point?

 

[frank8800]

Quote from frank8800:

sim short 73.18, .15 stop, .25 target

The trend is clearly down and I'm getting a sell signal, but what I don't like about this trade is the recent upward momentum of price.

Out 72.93. Had moved stop to BE+2 after 15 ticks, and missed getting stopped out by 1 tick on the 05:30 bar.

 

[Picaso]

Anyone knows why this is so bouncy?

 

[mrbochin23]

Quote from bearmountain:

A lot of nudity in MP, isn't there also a virgin point?

I am back yes it is.
Virgin Point and naked VPOC is the same

 

[riskaddict]

how can a virgin be naked?

 

[bearmountain]

Quote from mrbochin23:

I am back yes it is.
Virgin Point and naked VPOC is the same

VAH: 74.42
VAL: 73.46

mrbochin, what is the game plan for today, how would you trade using the value areas? Thanks.

 

[mrbochin23]

Quote from riskaddict:

how can a virgin be naked?

lol

 

[riskaddict]

Sorry staring at Mandy Drury all morning gets me all excited. Especially when she is talking about hookers on craig's list. Sorry Sal to waste space on your thread with garbage.... hmm should have added to short at 73.75 oh well...