CL Redux

Quote from riskaddict:

My mid trade management plan is to now add 1 Qm at 88 (r1) if it gets there since the one got stopped out at 87.30 I'll still only be short 3. Also if I get a closed 30 min bar below the 21 ema I will also add 1 qm. Therefore if it goes to 88 and then goes below the ma even better (or possibly worse) because then I'll be short 4. That is my plan for better or for worse.
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I'm covering one here at 87.65. I've got a doctors appointment 2morrow at 8:30 so taking some risk off the table.
 
Quote from EON Kid:

12/03/2010 08:31 *DJ OIL FUTURES: Crude Tumbles On Weak US Payrolls Report :eek:


GM all
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Morning, Kid (and e.e.)

Yeah, but look at euro & FX, gold, metals, agris...

Rebound, baby, rebound! Edit: ok, or maybe not :D

PS: Thanks for the link, I'll watch it this weekend.
 
Well... It just made a high and didn't break out which is good for me. Now I can either cover and take my loss at the TL or wait and see if it breaks trend and maybe cover one at 87.50 the daily pivot. Or best option of all hold on and add 3 at 88.68 and then watch the blood bath.
 
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you go ahead and post it :)
 
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