Long 86.15
Holding 86 line in face of 5 MM buildup shows some support
Holding 86 line in face of 5 MM buildup shows some support
CL Redux
- Thread starter schizo
- Start date
Close 86.45
I'm in my friend's chat room today and was earlier talking about the symm triangle breakout, I was long from .30, closed @ .50 even though the b/o level was just 10 ticks away. I even said to them I was holding for higher target, then took the 20 ticks when it "appeared" the range was holding. I'm an idiot
Quote from NoDoji:
I'm in my friend's chat room today and was earlier talking about the symm triangle breakout, I was long from .30, closed @ .50 even though the b/o level was just 10 ticks away. I even said to them I was holding for higher target, then took the 20 ticks when it "appeared" the range was holding. I'm an idiot
Did you play the b/o at 86.60?
Quote from NoDoji:
I'm in my friend's chat room today and was earlier talking about the symm triangle breakout, I was long from .30, closed @ .50 even though the b/o level was just 10 ticks away. I even said to them I was holding for higher target, then took the 20 ticks when it "appeared" the range was holding. I'm an idiot
It's silly to think you're stupid (hmmm... wait, you may have a point
)just because you took a profit that could have become bigger.What if you had held with a 30 tick profit only to see it go back to breakeven... twice... ???
But feel free to whine to us while you call your trades to your #1 tier buddies
Exit 86.80, will wait and see if it can get back above 87
After seeing how crazy it was at 10:30 with the EIA report I was thinking of a type of trade that could be very profitable...
I was long at around 86.41 and had a sell order for 86.53,
what if I had a sell order for 2x my position at 86.53, then a buy order for 2x my position at 86.10, and waited for the announcement to close out my position; would a similar trade be able to work every week?
It's just like closing the position and going short, then closing the short and going long, and then closing the long position,
I was long at around 86.41 and had a sell order for 86.53,
what if I had a sell order for 2x my position at 86.53, then a buy order for 2x my position at 86.10, and waited for the announcement to close out my position; would a similar trade be able to work every week?
It's just like closing the position and going short, then closing the short and going long, and then closing the long position,
Short 86.85