CL Redux

[HuggieBear]

Quote from NoDoji:

Huggie, that's my line. We need to attend a 12-step program together.

sign me up! Step 1) Stop shorting crude

 

[HuggieBear]

Short 83.25


SL 83.70


PT 82.50

 

[HuggieBear]

Closed at 83.24


Got a long signal on an automated ES system that is a pretty good short term indicator. Going to look for a higher entry point to short CL. Maybe near bottom of the OR (83.60-83.70).

 

[EON Kid]

Quote from EON Kid:

Long 83.07 .1 stop

Exit 83.42

 

[trader198]

damn it, it stopped me out and then the train left with me. that is the life. I need go back to quick profit taking loss cutting.

Quote from trader198:

stopped out at 83, get to take profit, nothing here. those stop losses are useless.

 

[cstfx]

Quote from cstfx:

short 8310 - looks like it is going to revisit sub-83 level

note to schizo: notice how it is dragging loonie and aussie with it - not as precipitous, but new lows for the day [futures pricing, that is] for these commodity currencies

stopped 8351 -41

 

[Speciaul_K]

If it breaks down further i'll go long at 8210-8220 area

 

[NoDoji]

Quote from cstfx:

stopped 8351 -41

Just a word of wisdom, when you short so close to a LOD, you're looking for a quick breakdown. There's a always a good chance of a bounce after a selloff like that. I personally offer no mercy with my stops in that situation, because trend reversal traders will jump on any lack of weakness.

 

[NoDoji]

83.67 with conviction is necessary for the bulls here

 

[EON Kid]

short 83.77 .1 stop

stopped