CL Redux
- Thread starter schizo
- Start date
Of course it would. Not saying it's going there. Market never seems to consult me about its moves. Been waiting all morning by the phone and checking my email. Doesn't it realize how smart we are?
Certainly not a very bearish chart.Tried calling the E*Trade baby on his smart phone to get some advice and he wouldn't even take my call. One of those days.
IV already said the same. He paid you to reaffirm this? Or is this just a mutual admiration society thing?Quote from NoDoji:
Enough of this pansy-wansy talk about what "may" happen. Here's what WILL happen:
Full retrace of the entire move, down to 88.00
Disclosure: I hold no position at this time and am not responsible for your blowup as a result of trading off this information
Market's obviously in a meltup. Not CL necessarily. But as I mentioned maybe the market's just overbought at this point. Should have rallied more strongly off the Philly Fed, but maybe that type of thing is already priced in.
Quote from NoDoji:
Enough of this pansy-wansy talk about what "may" happen. Here's what WILL happen:
Full retrace of the entire move, down to 88.00
Disclosure: I hold no position at this time and am not responsible for your blowup as a result of trading off this information
wouldent even wonder if that happens today, that seems to be a trend lately ... anyhow I am done with CL today .... total -20 ... no good !
Quote from BCE:
Sorry about that. I thought you were doing well today. Guess I missed some. Onward and upward (or downward
yep I did well , my position trading made me go into debt. crap happens , taking the loser for today and calling it... tommorow is another day ... lesson learned not to counter trend before the actual big move is done.
I am green thou becoz of other instruments I traded so all good ... tommorow revenging my loss on the cl
close all 88.35
That's the thing with counter-trends is you never know when the move is done.Quote from David M:
yep I did well , my position trading made me go into debt. crap happens , taking the loser for today and calling it... tommorow is another day ... lesson learned not to counter trend before the actual big move is done.
I am green thou becoz of other instruments I traded so all good ... tommorow revenging my loss on the cl
That's the thing with averaging in. I was going to short at 89. True. But didn't. Seems like a lot of times on this contract whole numbers really matter one way or the other. For resistance or support. Should have tried it with a tight stop at 89.10 or so. Oh,well. Been busy all morning with other work and I'll be checking out in a minute to complete it.