CL Redux

Looks like it just filled the gap from Jun 11, and also hit the top of a bear flag channel where it was rejected. The bear case looks good to me, and a break below about 83 would suggest to me a move into the 70's.
 
Post your TA if you don't mind. Not going to be a dick about it, but I find that to be relatively useless for something with pretty heavy fundamentals.
 
http://www.marketwatch.com/story/oi...reek-vote-2012-06-18?link=MW_home_latest_news

“The Greek election outcome will be met with a sigh of relief across global markets but we would caution about becoming too carried away,” said strategists at Credit Agricole.

“There is still likely to be plenty of horse trading before a new government is formed and even then Greece’s fiscal/debt/growth problems will not just miraculously go away,” they added.

Quote from InvestVision:

- But markets have had a tendency to react positively to political developments late Sunday and early Monday only to quickly reverse. That was the case last weekend after the EU announced a 100 billion euro bailout for Spanish banks.

Going by above statement , we may see tonight 8590 , to see monday midday fizzle to 8450 .... let us see
More...
 
With Stop loss market orders slipping sometimes by 1 or even 2 ticks, I was wondering at what lot size do we start seeing slippages with entry orders (buy stop, sell stop)?

I used to trade the ES (still do) and have recently started CL and love the volatility, but concerned about slippages and wondering what is a reasonable lot size to expect fills at a specific tick.
 
You must log in or register to reply here.
Back
Top