CL Redux

Quote from Picaso:

You trade equities as well?

OK, so what's your TA take on this chart for a swing position? (5 year notes)
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After much deliberation, (pause) I'd be more inclined to watch for a short, but it's in the middle of shooting to the stars, so I'd need some good confirmation.
I don't have the data, charts or knowledge of this instrument.


good evening all :D
 
Quote from EON Kid:

After much deliberation, (pause) I'd be more inclined to watch for a short, but it's in the middle of shooting to the stars, so I'd need some good confirmation.
I don't have the data, charts or knowledge of this instrument.


good evening all :D
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Thanks Kid :D
 
Quote from Picaso:

You trade equities as well?

OK, so what's your TA take on this chart for a swing position? (5 year notes)
More...
Here is my view. Buy when it gets close to the tl. When it trades below it short when it goes back above it.
 

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if we trade down to 72, 60 is a given. At least until proven otherwise. Where will oil be if the DX some how goes back to 83? I missed getting filled on a short of the 10 year note by 3 ticks. Not making money seems to hurt worse than losing, why is that?
 

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Quote from riskaddict:

Not making money seems to hurt worse than losing, why is that?
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Because you are human. You called the correct direction of the market and it went your way.

Just remember every future trade outcome is independent of every previous trade outcome.
 
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