CL Redux

Adding long 82.18 to hedge (May)

Still holding short April from yesterday.

At 82.70 (for May), I will close out April and flip short May contracts.
 
Quote from enochbenjamin:

that makes 2 of us - shorted 98 got out at 98
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It was funny, I actually entered via a limit order just a tick or so BEFORE the low, figuring I'd lock in a b/e stop really quick in case it failed. What happened to those 50 tick drops we used to get on breakdowns???
 
again, I saw the sudden drop. I bought it in my paper account, what a waste. I bought it at 82.03(May contract).

hope that can be transferred to my real account.

you guys are fighting with the big trend. NG is a good short acutally
 
Quote from trader198:

again, I saw the sudden drop. I bought it in my paper account, what a waste. I bought it at 82.03(May contract).

hope that can be transferred to my real account.

you guys are fighting with the big trend. NG is a good short acutally
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trader 198, we all appreciate your insights but when it comes to actual trading please refrain from patronizing in any way, shape, or form. That is, you're free to make calls (up or down) but don't tell what others should or shouldn't do.

Thanks for your cooperation and we look forward to your contribution.
 
Quote from trader198:

you guys are fighting with the big trend. NG is a good short acutally
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I see price breaking down out of a pre-market range, leaving lower highs and lower lows beneath a falling moving average. As a day trader trading off a 5-min chart, I am trading with the intraday trend today.

Right now, I'm taking a break, because we appear to be forming a new range after 3 pushes down and we may get an intraday trend reversal (though my personal opinion says not).
 
I didn't make any trade today with the exception of the last one, but what a gut-wrenching ride so far, Just when you think it's reversing, they push this sucker up or down.
 
sorry about that.




Quote from schizo:

trader 198, we all appreciate your insights but when it comes to actual trading please refrain from patronizing in any way, shape, or form. That is, you're free to make calls (up or down) but don't tell what others should or shouldn't do.

Thanks for your cooperation and we look forward to your contribution.
More...
 
Quote from NoDoji:

I see price breaking down out of a pre-market range, leaving lower highs and lower lows beneath a falling moving average. As a day trader trading off a 5-min chart, I am trading with the intraday trend today.

Right now, I'm taking a break, because we appear to be forming a new range after 3 pushes down and we may get an intraday trend reversal (though my personal opinion says not).
More...
Don't forget tomorrow is the quad witching. Anything can happen but expect a lot of useless noise in the market. I'm also ruling out any further drop from here.
 
dumping half at 82.50 (May) and covering at 82.17 (April)

Will flip to all short at 82.67 (May)

Quote from schizo:

Adding long 82.18 to hedge (May)

Still holding short April from yesterday.

At 82.70 (for May), I will close out April and flip short May contracts.
More...
 
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