CL Redux

"Trade price not news", as well as "use hard stops and soft targets", was demonstrated to me when I was in a position, having totally forgotten the ADP news was due, and it ran right through my target zone. I got more than target but of course I covered way too soon :eek:
 
Good Morning :)

ISM Services report at 10 AM (expecting 56 up for 55) and Crude Inventories at 10:30 AM as most of you know.

Just did a sim trade last night short at 89.30 with a target of 88.50. Coulda, shoulda, woulda. :)

I'll watch the open here and take it from there.
 
Quote from BCE:



Just did a sim trade last night short at 89.30 with a target of 88.50. Coulda, shoulda, woulda. :)

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Actually this trade would have worked out perfectly. I had a stop at 89.60 which it didn't get to. Just learning these contracts.

Let's see what the inventories report brings.
 
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