CL Redux

had a chance to get in earlier at 83.00, but got greedy and thought it would go higher before i shorted. hopefully it retraces a lot here and i get short close to 83.00.
 
I think I am ready for some of this volatility to end, even if for no other reason that I'm tired of my price scale on my 5m chart being 600 ticks :) What looks like a small risk on a trade is actually 30, compared to the usual 10 or 15 :)
 
Wow! How in the hell did this ever sell off to 75.71? Wow. Talk about a buying opportunity. Sorry I didn't see that.

TF was down to 624 and now it's 668 = 44 points or $4400. But CL made an even bigger move. 75 to 82 = $7000 Missed that one.

ADD: BTW when I said "a tradable rally" I didn't mean in the middle of the night. :)
 
Quote from JoshDance:


As I post this, ES makes new highs more easily, CL only ticks up 1.
I'm trading TF and am up $2340 which is actually not that great considering the movement here. Oh, well. :) I was thinking today would be a buy the dips rebound day. And I was right about the initial selloff to begin the day and also right obviously, which didn't take a genius to figure out, about the market being way oversold and the selling being way overdone.
 
Back
Top