CL Redux

[schizo]

Quote from NoDoji:

On a swing trade like this, do you leave your initial stop in place or move it to b/e since the price has moved over a point in your favor?

I knew you would ask!

Yes I am. Since I'm swinging, I will be monitoring only the daily chart. Just to spice things up, why don't you tell me the likely place where I will move my stop.

 

[NoDoji]

Quote from schizo:

I knew you would ask!

Yes I am. Since I'm swinging, I will be monitoring only the daily chart. Just to spice things up, why don't you tell me the likely place where I will move my stop.

When price reaches 76.70 you will move your stop to b/e.

 

[schizo]

Quote from NoDoji:

When price reaches 76.70 you will move your stop to b/e.

Pretty close, but not quite. I won't give you all the specifics for obvious reasons but here's the plan. I already moved the stop to b/e. Should we break below 76.85 tomorrow, I will again lower the stop to 77.50-ish.

 

[NoDoji]

Quote from schizo:

Pretty close, but not quite. I won't give you all the specifics for obvious reasons but here's the plan. I already moved the stop to b/e. Should we break below 76.85 tomorrow, I will again lower the stop to 77.50-ish.

Well, we're within .15 of each other on the break, not bad considering I was using an IB daily chart for the level. I see your 75.00 and 73.00 targets, too. All the best on this one, looks good!

 

[Speciaul_K]

Quote from schizo:

Pretty close, but not quite. I won't give you all the specifics for obvious reasons but here's the plan. I already moved the stop to b/e. Should we break below 76.85 tomorrow, I will again lower the stop to 77.50-ish.

Yesterdays high is the stop

 

[Blubaru_555]

are you still short, schizo?

 

[Speciaul_K]

Quote from Blubaru_555:

are you still short, shizo?

Im sure its getting hard to not cash that lotto ticket before inventory

 

[EON Kid]

Quote from Speciaul_K:

Im sure its getting hard to not cash that lotto ticket before inventory

I say cash it near 75.40's

Nice trade Sal

 

[schizo]

Quote from schizo:

I'm seeing at least 75 in the works, although I'm personally gunning for the low 73-ish. Will probably take half off at 75 and the rest at 73. So sit tight and enjoy the show.

 

[ammo]

Quote from ammo:

daily,edit from last post, that red line is 74.31 , started in 03 on a monthly ,the cleavage is 75.30 area, that support line that we are testing is 76.98-77 appx

we are here at the cleavage sal ....chart on page 1357