CL Redux

Quote from riskaddict:

Is everyone taking the day off?? SELL SELL SELL 87.80
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I was going to, on account of the vacation, but took a look at the platform while doing something else and realized that volume and volatility look normal, so now I'm trying to catch up (determining my buy/sell levels, etc.) :(
 
Quote from riskaddict:

Is everyone taking the day off??
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I took the morning off (slept in half hour). Managed 2 trades this morning, BE+1 and +10. CL needs some ritalin. Going to take the rest of the day off and just read and study.
 
Quote from Picaso:

I can't see a clean break of that LOD, what do you guys and lady think?
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The momentum is a bit lacking today. But no harm in trying each breakout, or get positioned in advance so you have a few ticks run in your favor.
 
SIM
Today is my Best day ever since I started trading CL.
Net + 1050
trades = 14

Today I just took 200 ( fixed target on majority of trades ) and Cl supported to be more choppy.

I think for next few days I will go fix target till net = +400 then later based on market trend decide to go for fix or greedy target.
 
All the big traders that move this thing must be home playing Call of Duty Black Ops. It's crazy!!! No more shorting for me until 89.32. Nice trading NE!
 
Considering that CL has been verrrrrrry choppy today, I guess the only way to avoid losses on breakout trades is to move the stops to b/e after about 4 or 5 ticks... Any suggesstions on how else to avoid being whipsawed to death with continuous small losses on breakout trades?...

thanks,

Walt
 
Quote from riskaddict:

All the big traders that move this thing must be home playing Call of Duty Black Ops. It's crazy!!! No more shorting for me until 89.32. Nice trading NE!
More...

No coffee trade today?, that thing (and sugar) was moving.
 
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