CL Redux

Quote from mfbreakout:

but traders using smaller time frame or like 5 minutes etc.. 80.67 level has very little value

they broke 80.60 on volume and up and up. long 80.64. out some 80.92
 
Man, I'm just not in sync today .. hard to read the reversal at the top for me. Off 100 ticks from there, profit taking I assume... could have had a nice day but just couldn't read it.
 
Quote from mfbreakout:

They looking for stops , this can run 50 to 100 ticks in a NY minute

I am buying on any pullbacks to 80.50. 60 area, if pull back

long 80.54 stopped out 80.48.

Today is an example of the importance of using time filter. Failed C up. No wonder it is a once in a blue moon set up
 
Quote from mfbreakout:

long 80.54 stopped out 80.48.

Today is an example of the importance of using time filter. Failed C up. No wonder it is a once in a blue moon set up


I do not trade after pit close but it can still make a C up into cash close.
 
Notice how the break below 80.50 (within the last hour) was a bear trap, dirty dirty market.

I think we will hit 82.25 in the overnight session.

dax3k
 
Initial capital +$20,000 (paper)

Monday, September 26, 2011

Bot 1 at 78.81 @ 9.26CT
Sld 1 at 80.06 @ 10:18CT = +1.25 *1000 = +1,250
Sold @ 81.31 = 2.90 * 1000 = +$2,900
change in cash $4,150
$24,150

no open trades
no open orders
 
(repost forgot to enter second buy in this summary)


Monday, September 26, 2011
Initial capital +$20,000

Bot 1 at 78.81 @ 9.26CT Sld 1 at 80.06 @ 10:18CT = +1.25 *1000 = +1,250
bot 1 at 78.43 @ 9:29CT Sld 1 at 81.33 = 2.90 * 1000 = +$2,900
change in cash $4,150
$24,150

no open trades
no open orders
 
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