CL Redux

Quote from blox87:

What happened to the dollar on Friday AH? Looks like a mini flash crash, maybe it signaled a bottom in the dollar :confused:
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I'm using broker's cheap quotes which don't include DX. Looking at A2; B2; C2; Y2; and S2 this just looks like folks perhaps lightening ahead of the weekends G-20 meeting. Geithner's agenda (GDP based trade surplus limits) would likely be $+ (in the minds of many). I'm not sure I agree though. I didn't see any real "flash crash" on my charts (5 min). Major US trading partners want a bottom in the dollar - The Fed has their own plans(?)
 
sim - markets not helping

long .35

:01 stop to be, no mercy unless markets turn

bid 44 to add and filled; avg .40 - uh-oh (stop at .35)
stop to .38 shadowing the bid, trying to get out

and out at -2 ticks x 2 (-4 ticks total) [Edit: make that -5 ticks)

It looked to me that oil wanted to break to new highs, but hard to with euro making new lows. :(

Now possibly a stop run, but I doubt very much we make new lows (now we go down to 78 :D )
 
Quote from blox87:

What happened to the dollar on Friday AH? Looks like a mini flash crash, maybe it signaled a bottom in the dollar :confused:
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After hours, Friday, kind of illiquid contract (about 6% of volume in 6E), no similar move in arbitraged markets... looks more like a massive stop-run like the one you see in little traded FX cars, like SAR, etc.

Edit: That's a mere 400 cars (not 400,000, etc.)
 

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SIM
net +400
total trades = 27.
more than half the trades were trying new things, most of which failed.

I am thinking of dividing my trading into 2 SIM Dom's
dom1 = tested signals ( already little confirmtable )
dom2 = new signals , on going study

I think this will help me, immediate goal will be consistency in dom1.
 
Market's will usually gun for those exteme prints again, keep your eye on it.

Btw, is et running at the speed of dialup circa 1996 the last couple of days or is it just me? I have given up on live posting.


Quote from blox87:

What happened to the dollar on Friday AH? Looks like a mini flash crash, maybe it signaled a bottom in the dollar :confused:
More...
 
On the hourlies, the relationship between CL and $ (euro as a proxy) look to have broken down a bit over the last two days. In my view oil breaks to downside following inventory data points.
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Euro dropped but crude was flat? Perhaps traders are just antsy going into inventory numbers?

EDIT: "Flat" is a relative term :) If I'm making too much noise here or breaking anyone's concentration - just let me know - I'll go away. I'm trying to learn a bit about day trading from you guys :D

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I accidentally had a 47 minute trade today. I would've taken my profit too soon but became totally engrossed by this stock CDTID that was immensely entertaining to watch as it kept hitting highs with a 1.00+ spread. By the time I looked back at my trade it had broken a key level and I patiently sat in it until it finally said, "Get out already, are you an investor or a trader, for heaven's sake!"

:p
 
Speaking of investing.... I'm investing in my future by adding to my shorts just 1 QM at 82.60. Puts me back to -3 avg of 82.40. I'm also short coffee, the ES and the DX. I figure no matter what happens something has gotta go down. I'm guessing API's inventory report must be showing less of a build with the drift up. When the hell does that thing come out? I usually can't find the number until 4:30am est. Anyway what a boring ass day thank god for Battlefield!!
 
Quote from FreeMarketRider:

Euro dropped but crude was flat? Perhaps traders are just antsy going into inventory numbers?

EDIT: "Flat" is a relative term :) If I'm making too much noise here or breaking anyone's concentration - just let me know - I'll go away. I'm trying to learn a bit about day trading from you guys :D
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That was bugging me out all day as well I was staring at the screen wondering why the bastard wasn't tanking, same with the ES. I have a feeling if the dollar starts to rise ES will be more immune than oil.
 
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