CL Redux

Quote from gov:

Thanks, it is rare that the HK index tracks the china funds so loosely, With HSI down just a bit over 1 percent, odd for china to be down 5...

C'mon now, everybody lean on the side of the boat!!


BTW I agree on your longer bullish analysis, You probably got a great entry to swing it.
 
Quote from EON Kid:

BTW I agree on your longer bullish analysis, You probably got a great entry to swing it.

Thanks, this is one of those "where the rubber meets the road trades". I have learned to be patient and follow the plan, they often look bad but tend to pay really well. Carefully entered, one can get a nearly free trade, in the trend direction. Obviously, some do lose, however, can't help that.
 
The siren song is playing... I gotta stick my head in the sand for a few moments; going to go feed the horses, see ya on the other side.
 
sim

long .72

SAR .52

Target a re-test of that .40-60 area

flipped at .67 (bad fill, was trying to flip at .69-70) --> -5 ticks

stop 20 ticks normal

In-the-red add at .79 --> stopped out at .87 --> -28 ticks (total -33 ticks)

Not reading this well today (as opposed to my usual reading well but trading like crap)
 
sim

stop-limit to short at .52

not very confident, but gold also fast approaching its LOD

:55 filled at .50, stop to be, target a test of 85 flat

:57 stopped out at .25 on a tightly trailed (once) stop; had a hard target at 85.05

--> +25 ticks; rolling total -8 ticks (-10ish with comms)

Tempted to get long here
 
I'm back, you guys are clearly leaning on the wrong side of the boat. Please step to the other side, thank you.

Kid, looks like your read was correct... I added a bit more here, in for a penny, in for a pound I think. That was either capitulation, or the start of a big ass downtrend. I think that was the end of the down. Tough to tell.
 
Quote from gov:

I'm back, you guys are clearly leaning on the wrong side of the boat. Please step to the other side, thank you.

Kid, looks like your read was correct... I added a bit more here, in for a penny, in for a pound I think. That was either capitulation, or the start of a big ass downtrend. I think that was the end of the down. Tough to tell.

IMHO, look at the metals. [Edit: or the grains, or the softs - and I started the day with a long bias, so I wanted to buy the break of 86.60 on a pullback, not fade it; probably due some rebound at lunch, though]

This smells like China, not Ireland.
 
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