CL Redux

Quote from riskaddict:

I have to short at least 1 over the weekend sold to the gentleman biding 89.25

RA, if this makes you feel any better, my hypothetical swing short of the week for my trading room today was short @ 89.25, stop @ 90.25 (I'm a bit ambivalent about this stop and think 91.00 would be better but since it's hypothetical I don't care), and target of 83.00.

:cool:
 
I feel good about it. What I'm pissed about is yesterday when I went in with three I should have stopped them all out at 87.30 because I knew how important that level was because of the almighty profile. Trying to scale stops in "open air" is basically guessing. When I got out of the doctors this morning I should have just exited everything because I just had to much else going on to focus on reality.
 
I just moved my stop to to b/e this 30 min bar closing below 89.10 gives me a little confidence but not enough to add. Profits will be taken at 87.90 if we get there. Today pretty much just seems like a choppy mess or you could say a consolidation before a break higher to the mid 90's.
 
Quote from NoDoji:

Ya think? :p

10 b/e trades. Beat that, Picaso!


ZZZZZZZzzzz... eh? uh? what?

Hey, go pick on somebody your size, you pivot-trader! :D

[Incidentally, 90% of the days the open is one of the best trades and the hour or so pre-market tends to be choppier and more erratic, but today it seems the nice trades were all in the European morning... aahhh those sim-bucks! :p ]
 

Attachments

+.85

Damn! Out .86 - was trying to tighten the stop, moved the target instead.

Jumpy anyone?

That's number 55 for those keeping track :D

Stop was meant to be at .80

Looking to re-enter, but fumbling lunch :D
 
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