CL Redux

Quote from mrbochin23:

We need the S&P to break 1110 in order to see a spike on CL :S

Yes, but CL didn't even really try to break when euro was going through the roof :confused:
 
Quote from Blubaru_555:

there seems to be weakness in oil today, but we need for euro and ES to back off for a drop

Yes sees like Oil is running out of steam (long term speaking). The only that has keep oil in 79 ish today is the Euro, IMHO.
 
Quote from mrbochin23:

Yes sees like Oil is running out of steam (long term speaking). The only that has keep oil in 79 ish today is the Euro, IMHO.

we r flat!!!!!!!!!!!!!!!!!, the funny thing is that Euro has hit a new high for the last 3 months (1.30), and still we don't react to it.

Maybe we are staging for a big drop either late today or tomorrow?
 
Quote from mrbochin23:

we r flat!!!!!!!!!!!!!!!!!, the funny thing is that Euro has hit a new high for the last 3 months (1.30), and still we don't react to it.

Maybe we are staging for a big drop either late today or tomorrow?

It's never what it seems - I say a fake and then the real move
 
Quote from Picaso:

It's never what it seems - I say a fake and then the real move

honestly I hate this type of market, I like more directional market :(... seems in the last couple of days that CL is running on his own!, and today it's just flat so far.
 
Had a CL trade long, when it started to move in my favor, I moved stopped up and got stopped out for 1 tick loss.

If I left stop alone which I plan to do next time, I would have made money.

On NG, I went long, wanted 20 ticks, but it hit resistance, and started to go down, so I settled for 10 ticks.

If I was doing more contracts, I guess I could scale out, but want to get more confident in my trading and entries, targets, and stops.
 
Back
Top