CL Redux
- Thread starter schizo
- Start date
CL floting on top of EMA 50 period line on 5 min chart from morning , it is highly unlikely to fall below that line at pit close on this highly charged Libyan week end .
EMA 50 period : 103.79
http://bit.ly/heNfQ8
EMA 50 period : 103.79
http://bit.ly/heNfQ8
Quote from Picaso:
Blackout here
long at .02 stopped out at .89
long at .34
Nod, give me a target, pretty please
:15 stopped out .33 (105th)
Sorry I couldn't help, I was actually trading in this final half hour, something I rarely do, but such a clean long setup for a test of the high, couldn't "resist"
Picaso, why are you getting in so late? Jump in the pool early, when it's scarier, and you won't have so many b/e's!
long 104.26
One of the first things to overcome for any successful trader is rationalizing. I'm personally in the sea of red and I will bail out if it goes up any higher from here. I won't just sit on my ass forever and delude myself into thinking I'm right while the rest of the world is wrong.
Be that as it may, I encourage you to continue post live trades. Moreover, you are also welcome to state the reasons behind your entry/exit but please leave out any so-called unencumbered emotional garbage (eg. "do not give up...short it now...not too late"). I believe everyone is smart enough to make his or her own decision.
Thanks for your cooperation. BTW I ask everyone to read the posting rules stated on the first page of this thread.
Be that as it may, I encourage you to continue post live trades. Moreover, you are also welcome to state the reasons behind your entry/exit but please leave out any so-called unencumbered emotional garbage (eg. "do not give up...short it now...not too late"). I believe everyone is smart enough to make his or her own decision.
Thanks for your cooperation. BTW I ask everyone to read the posting rules stated on the first page of this thread.
Quote from NoDoji:
Sorry I couldn't help, I was actually trading in this final half hour, something I rarely do, but such a clean long setup for a test of the high, couldn't "resist"
Picaso, why are you getting in so late? Jump in the pool early, when it's scarier, and you won't have so many b/e's!
No problem, I was just kidding, didn't think you'd see before the close.
close 104.30
that 50 ma on 5 min chart was definitely the way to play it today. i thought it'd curl down on the last drop to 103.60-.70 range, but it held like a strong fortress.