CL Redux

[NoDoji]

Quote from riskaddict:

Pierced that trend line we were talking about but has come right back above. The hourly looks kinda like a head and shoulders in the making, maybe siamese twins, or lop sided boobs. My brain is tell me to exit my long QMVO with a small loss my man parts are telling me to add to it. Mostly likely will do nothing until after the stupid inventory number.

Just place a profit target wherever you want; it will fill at some point during the inventory report no matter where price ultimately ends up

 

[Picaso]

Very bearish report last night.

Good luck/skill to everyone

 

[riskaddict]

yikes
:eek:

 

[mrbochin23]

Quote from riskaddict:

yikes
:eek:

In my opinion we already price in the API report that cam yesterday, if by any chance we show an increase of supply any less than 5 million, and same thing with gasoline, and equities hold during the day in this are , we will have a move up above 75$ probably flirt with 76 again.

 

[NoDoji]

Quote from Picaso:

Very bearish report last night.

Good luck/skill to everyone

My skill was right dandy on my first and second trades and then deserted me with a vengeance on the third

 

[Picaso]

Quote from NoDoji:

My skill was right dandy on my first and second trades and then deserted me with a vengeance on the third

Sorry to hear that, Nod. Some nasty slippage at 9:30-35 ET?

 

[riskaddict]

added 1 at 74.30. i'm guessing s2 will hold

 

[NoDoji]

Quote from Picaso:

Sorry to hear that, Nod. Some nasty slippage at 9:30-35 ET?

Brain slippage. Exited my breakout short about 30 ticks too early.

EDIT: ...by assuming that past performance would indicate future results :eek:

 

[Picaso]

Quote from NoDoji:

Brain slippage. Exited my breakout short about 30 ticks too early.

EDIT: ...by assuming that past performance would indicate future results :eek:

Ah, ok, you're complaining about having 3 winners in a row...

At .80 (October) it stalled, getting out was a reasonable move; if you'd held it could have gone back all the way to breakeven.

Can't blame yourself for not having the power of hindsight, Nod

 

[NoDoji]

Quote from Picaso:

Ah, ok, you're complaining about having 3 winners in a row...

At .80 (October) it stalled, getting out was a reasonable move; if you'd held it could have gone back all the way to breakeven.

Can't blame yourself for not having the power of hindsight, Nod

I know it could've gone back to break even and that's why I took my 20 ticks, but why didn't it tell me it was going to immediately drop another 30+ ticks ???