long .27, .16 stop
edit: maybe i should widen my stop by tick or two.
edit 2: or not.
edit: maybe i should widen my stop by tick or two.
edit 2: or not.
CL Redux
- Thread starter schizo
- Start date
last week's low coming up at 95.25. before that, there's Camarilla pivot L4 @95.45.
long 95.10
20c stop
20c stop
out +40
Congrats on being up for the day. I should have held my long CL trade longer. To try to not over trade I have been doing 1 - 2 trades per day.
I am going to try to stick to this so that I don't revenge trade when a trade does not work out. I actually would not mind to just quit after 1 bad trade, and wait till the next day to trade more.
When I used to trade Forex, I would have a trade done over night so that I could not over trade since I would be out of the trade the next day. I think for me this is how I need to trade CL even though I would be up for the day to have the ability to trade more.
I am going to try to stick to this so that I don't revenge trade when a trade does not work out. I actually would not mind to just quit after 1 bad trade, and wait till the next day to trade more.
When I used to trade Forex, I would have a trade done over night so that I could not over trade since I would be out of the trade the next day. I think for me this is how I need to trade CL even though I would be up for the day to have the ability to trade more.