CL Redux

[mrbochin23]

Quote from Picaso:

Didn't get filled at .80

Didn't get filled at .95

Now what?

Wait for a pullback......it might test 79.00 again.

 

[EON Kid]

Quote from mrbochin23:

Wait for a pullback......it might test 79.00 again.

by then the trend will be down

 

[Picaso]

Quote from EON Kid:

by then the trend will be down

Precisely.

The problem is that now we have resistance at .30, .40, .60 and then again at 80.00 so the risk/reward to get long is not there.

So is either get caught in the freaking chop-chop or try to short a market where everything is pointing up.

Seriously, two fast and clear easy trades...

 

[mrbochin23]

Quote from EON Kid:

by then the trend will be down

I look at 79.00 as the Pivot Point, so it will face some support in there IMHO.

 

[Blubaru_555]

trying a short, 79.10, 20c stop

 

[cstfx]

sh 7890 st .5

 

[Picaso]

+.88

edit: out at .78

 

[EON Kid]

long 7873

stop to 7866

stop to BE

 

[Blubaru_555]

Quote from Blubaru_555:

trying a short, 79.10, 20c stop

moved stop 79.05

 

[Blubaru_555]

Quote from Blubaru_555:

moved stop 79.05

stopped, grr