CL Redux

[EON Kid]

lod seems to be in


BUY BUY BUY

 

[trader198]

long half QM at 71 for the weekend play

Quote from EON Kid:

lod seems to be in

 

[schizo]

Quote from trader198:

bottom picking is a hard business, just did one short, it broken my trendline

 

[schizo]

Quote from trader198:

long half QM at 71 for the weekend play

With all the uncertainty surrounding the EU zone, I say you're a real nut.

If something negative comes out over the weekend, we could even gap down--significantly. Why take the chance?

 

[trader198]

the market already factored in, when the real news out, nothing will happen, may gap up. since the uncertainty is not there anymore.

Quote from schizo:

With all the uncertainty surrounding the EU zone, I say you're a real nut.

If something negative comes out over the weekend, we could even gap down--significantly. Why take the chance?

 

[Gabfly1]

Just curious. Do you guys enter on market orders? And, if so, how much slippage do you "typically" experience during "normal" price action? And what has been the largest slippage on a market order that you have experienced to date with CL?

 

[Khaled187]

with the exception of a weekend surprise, oil is going to 73 before 67

 

[trader198]

any thing can happen in the weekend, do your best. that is why I like to say trading is a gambling activity. if the risk is in your tolerance, then go with it, otherwise do not take it.

Quote from Khaled187:

with the exception of a weekend surprise, oil is going to 73 before 67

 

[schizo]

Quote from Gabfly1:

Just curious. Do you guys enter on market orders? And, if so, how much slippage do you "typically" experience during "normal" price action? And what has been the largest slippage on a market order that you have experienced to date with CL?

I use market orders when I sense that the train has left the station. But the spread ain't so bad during the day, which is usually around 2 or 3-ticks. In the globex session, it could be as wide as 6-ticks. But under normal conditions, I find that a limit order works just fine if I'm patient enough. The damn thing chops around a lot as you might already noticed.

 

[mrbochin23]

I personally will look very careful to maybe, maybe I said maybe take a long position for week or two on Crude Oil, my Chart is giving me the indicators that this could be Bottom, let see if it test 69.50

Look at my Chart