CL Redux

Quote from NoDoji:

Yes, well it's a particular tactic that I don't want to get into here; however, you're right, there was no high-odds reason for that trade.

Thanks for responding.
Fully respect your decision not to go into details.
 
Quote from Swan Noir:

What's your standard chart for entries and do you manage the trade off of it or another time frame?

Thanks

I usually go down to the 5 min chart for entries.

I put my stop in, and typically i'll base my target on my experience/stats of typical targets that my various entry signals give and leave it alone.
On occasion, i'll close out manually if I feel as though I can read the 5min price action.

I'm assuming you're aware that i'm not a consistently profitable trader, though! You just asking out of curiosity?
 
Yes ... I am aware that you are not YET consistently profitable! Thanks for the reply.

Quote from pinkman:

I usually go down to the 5 min chart for entries.

I put my stop in, and typically i'll base my target on my experience/stats of typical targets that my various entry signals give and leave it alone.
On occasion, i'll close out manually if I feel as though I can read the 5min price action.

I'm assuming you're aware that i'm not a consistently profitable trader, though! You just asking out of curiosity?
 
Iran’s Foreign Minister Seeks Shift Away From Era of Sanctions

http://www.bloomberg.com/news/2013-...r-seeks-shift-away-from-era-of-sanctions.html

1/ <b> “Nobody has benefitted from this pattern of relations that we’ve had over the last eight years,” he said, </b> according to a transcript of his interview with CNN’s “Fareed Zakaria GPS,” scheduled to air tomorrow.
“There is need for change. And I hope that everybody realizes that we need to change that process, put an end to something that was a lose-lose situation and hopefully begin something that will be to the benefit of everyone.”


2/ “We have very serious sanctions that are hurting the Iranian people,” Zarif said on CNN. <b>Iran’s inflation rate is almost 40 percent, </b>economy minister Ali Tayyeb-Nia said today, according to state television.

3/ “We don’t have a bomb because we don’t see it in our interests,” he said. Alternative energy sources are now a “major policy option that, both from an environmental perspective, as well as from sustainable development perspective, is being suggested and promoted at the international level,” he said.
 
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