CL Redux

add 6.30 this ledge is now .34,should have grabbed profits ,now working towards minimizing loss,,bce regardless if you are trading a 1 lot for 40 or a 4 lot for 1.40,you have to know,at least prretend u know the larger time frames,eventually what you think u know ,will coincide with what happens,when that moment arrives ,you play the bear or bull side of the market,the swing will be in your favor and you will sell the rallys or buy the dips,but the momentum will be in your favor,don't you or anyone else spend a lot of money waiting for that safety net to appear,it's there,just look for it,learn to scalp but wait for the tip,stay flat most of the time ..it's there
 
Quote from ammo:

flat 5.81...BCE.. a little fat tues in that post,my apologies
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No problem. :) Seemed wise to flatten your position. Just did a few scalps of CL and TF and heading back to bed to catch a few more winks as I was up til 1 AM and got up at 5 AM. Life in the fast lane. :)

Volatile this morning. Jobs reports and crude inventories tomorrow may give us a more defined move one way or the other.

http://www.briefing.com/investor/calendars/economic/2012/02/20-24
 
Quote from beachhouse:

This games needs constant adjustments. I am in a mess today.
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The PA is a mess today. Scalp or go outside and play. Nothing's worth holding :(
 
Hi all,

I'm looking at the volume of different month contracts. The April contract has the highest volume. But the June contract has a bigger volume then the May contract. It's been like this couple of days. Anything special with the June contract?
 
Quote from EON Kid:

From my own understanding , if you are hedging for your commercial requirements so far out you don't care if its Jan Feb Mar 2015 etc, instead you stick to a yearly contract the most liquid one, hence they all trade the Dec contracts generating the liquidity. When you get closer to the dates you can then spread into the other months depending on your specific needs.
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June being the half yearly contract also attracts volume for the above reasons
 
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