CL Redux

You can tell we're trading a flat 20 bar EMA when we're long and short at the same time :D

ADD: If I hadn't stepped away from my desk, my long entry signal would've been 89.19 to the top of the channel and then hopefully a breakout (which I had hoped to catch on my late long entry).
 
Quote from Good Fortune:

Saw this choppy stuff this am.

This is the kind of price action that turns you into a scalper, causing you to scalp 15 ticks on the position that turns out to be the REAL breakout and runs 60+ ticks without you :p

(I have SO been there)
 
Quote from InvestVision:

close 89.26

Very nice! I normally stop and reverse when channels hold, but it's an up channel and I prefer to position with the trend.

I'm calling it a day, folks, catch the BIG ONE, or scalp the channel 10 times!
 
Back
Top