CL Redux

Quote from NoDoji:

For anyone who cares, I'm cross-referencing all three of my time frames and using 20-tick initial stops to accommodate the volatility. I had one trade earlier run nearly 20 ticks my way and stop me out b/e in about 30 seconds :eek:
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I've been playing on paper, and practically every trade I would have taken would have been either a full stop or b/e - assuming no slip, which I doubt. Even the 1 minute bars don't show the craziness!

CL seems to have lost its mind today.
 
Quote from Daxspreader:

long @ 94.80, with a stop @ 93.90 (Target of 98.20) :)
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Why not just put a tighter stop on that and try again if it doesn't work? Why ride it down? But you may be okay with that.
 
Quote from frank8800:

I've been playing on paper, and practically every trade I would have taken would have been either a full stop or b/e - assuming no slip, which I doubt. Even the 1 minute bars don't show the craziness!

CL seems to have lost its mind today.
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The 1-min chart has been excellent for me today.
 
Quote from NoDoji:

The 1-min chart has been excellent for me today.
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There were definitely some trades where a wider stop and not moving to BE would have worked very nicely. I'm still moving to BE after 8 ticks. Not working in this environment.
 
Quote from frank8800:

There were definitely some trades where a wider stop and not moving to BE would have worked very nicely. I'm still moving to BE after 8 ticks. Not working in this environment.
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Definitely allow 10-15 ticks before moving to b/e. Anything less is brief noise today.
 
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