CL Redux

[riskaddict]

Quote from riskaddict:

she getting ready to roll over

or not

 

[EON Kid]

long 71.38 .1 stop


looking for ES to close its gap

 

[NoDoji]

I'm posting this here for Oracle rather than in the ES thread where he had his post:

Quote from oraclewizard77:

I took no CL trades, it has been a beast. I watched it suddenly waterfall down for like 50 ticks for no reason, and then shoot all the way back up. Not sure how you would even go about trading that or if your stops would have worked if you were on the wrong side.

Wed 10:30am ET = inventories. DO NOT TRADE RIGHT THEN. WAIT. Whatever price does initially, do the opposite.

I had one CL trade today, long, and what's really crazy is I went long after 50% of the news price drop had already retraced. Why? Because crude inventory day is opposite day!

 

[EON Kid]

Quote from EON Kid:

long 71.38 .1 stop


looking for ES to close its gap

Exit 1/2 7188

 

[brownsfan019]

Quote from NoDoji:

I'm posting this here for Oracle rather than in the ES thread where he had his post:



Wed 10:30am ET = inventories. DO NOT TRADE RIGHT THEN. WAIT. Whatever price does initially, do the opposite.

I had one CL trade today, long, and what's really crazy is I went long after 50% of the news price drop had already retraced. Why? Because crude inventory day is opposite day!

The beauty of the markets - the price of admission is only your account. You can trade the CL on inventory with no clue.

What a great business we operate in.

(not a comment at you nod obviously)

I watched it suddenly waterfall down for like 50 ticks for no reason ... classic

 

[Speciaul_K]

Quote from NoDoji:

I'm posting this here for Oracle rather than in the ES thread where he had his post:



Wed 10:30am ET = inventories. DO NOT TRADE RIGHT THEN. WAIT. Whatever price does initially, do the opposite.

I had one CL trade today, long, and what's really crazy is I went long after 50% of the news price drop had already retraced. Why? Because crude inventory day is opposite day!

OMG, read the eia schedule before you read HighTimes

 

[Speciaul_K]

Quote from EON Kid:

long 71.38 .1 stop


looking for ES to close its gap

Nice, thats were I covered. I was looking at that trade to reverse but I have been getting my ass kicked for the past couple days

 

[EON Kid]

Quote from EON Kid:

Exit 1/2 7188

Exit last 7214

thanks SK

 

[EON Kid]

Quote from EON Kid:

long 71.38 .1 stop


looking for ES to close its gap

Should have more patience

7076 to 7175, 7135 to 7234 was the measured move target I was eying

 

[Picaso]

(sim - pmdl)

Long at .38 (via SLM .36 +2) target 20 ticks, sl 10 ticks

Out at .59 +21 ticks (the sim platform gave me 1 tick in positive slippage at the target)

Note: pmdl = past my deadline