CL Redux

Quote from cherubian:

some guys looking for a measured move bottom around 77.87 i reckon.

82.70 to 80.08

81.76 to 79.15

80.48 to 77.87?

About a 2.62 between. Coincidence this is a fib number? Dunno.
Just an observation.
Range reversal numbers?
 
(sim)

-.52

Edit: that's short 78.52 in sim

Stop 78.65, will move to BE and add twice, trailing the stop to be on the avg pos

target: test of LOD

19:48 stop to be, looking to add on deterioration of TICK/ES

19:52 added another unit at .41? avg .47 (be) ---- waiting for a break and a mini-pullback to add the third unit (at around 30)

19:55 ask .30 --- stop to .40 (more or less be - waiting for a fill)

20:01 filled, but not looking that good (ES) be is 3 x .41

20:03 stopped out at be (ES was turning, but the T&S in CL was looking good so I held)
 
Quote from Picaso:

(sim)

-.52

Edit: that's short 78.52 in sim

Stop 78.65, will move to BE and add twice, trailing the stop to be on the avg pos

target: test of LOD

19:48 stop to be, looking to add on deterioration of TICK/ES

19:52 added another unit at .41? avg .47 (be) ---- waiting for a break and a mini-pullback to add the third unit (at around 30)

19:55 ask .30 --- stop to .40 (more or less be - waiting for a fill)


nice one, was that a 7830 exit? dont know why you exited there.
 
Quote from EON Kid:

nice one, was that a 7830 exit? dont know why you exited there.

Thanks Kid, I placed an order at 78.30 (Ask) to add my third unit/car.

At the time was about 6-7 ticks above market, I was waiting for a small pullback. It did pullback to 78.28, but didn't get a fill and didn't want to add below .20.

When I saw the TICK and ES start to turn upwards was going to cancel the last order and close the trade (at somewhere around .25, that's about 200 bucks multiplied by 2 cars - total MFE was like 720 USD), but the large prints in the T&S were hitting the bid so I kept the order and held the position.

When I got stopped out I thought that I shouldn't have added the last one, since it seemed to halt at my stop at .40 (3 cars), but it would have hit my stop at .47 (2 cars) anyway.

I took the trade in sim because we were at my time limit (45' before close) and anyway I wasn't reading the market well today.

Sorry for the soap opera (long explanation) :D
 
Quote from EON Kid:

Good adds, I like your thinking :)

I like your thinking better, Kid, but thanks :)

Edit 20:32 Damn, I should have duplicated that same trade live in the last 10 minutes - fastest 1,500 USD in a looooong while :D
 
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