CL Redux

Quote from NoDoji:

No, I was making breakfast. My timing for being away from my desk during strong moves is impeccable. Measured move breakout setup, too. My target on that trade would've been 4 ticks from the pivot high.
4 ticks stop or target?
 
Quote from NoDoji:

No, I was making breakfast. My timing for being away from my desk during strong moves is impeccable. Measured move breakout setup, too. My target on that trade would've been 4 ticks from the pivot high.

That was an expensive smoothie! :D

Damn, I went to the toilet to make sure I wouldn't miss anything later... now I'm set and ready for the chop, chop :(
 
Quote from Picaso:

That was an expensive smoothie! :D

Damn, I went to the toilet to make sure I wouldn't miss anything later... now I'm set and ready for the chop, chop :(

Nothing seems to happen until a few minutes before NYMEX open and price action looked boring as heck, so I thought it was safe to sneak away for a few minutes!

Quote from mrbochin23:

4 ticks stop or target?

My stop on breakout trades is generally 5 ticks. My target for a measured move is 3 ticks inside the distance of the previous move.
 
Quote from NoDoji:

No, I was making breakfast. My timing for being away from my desk during strong moves is impeccable. Measured move breakout setup, too. My target on that trade would've been 4 ticks from the pivot high.

turn this into an indicator and make millions selling it :p
 
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