CL Redux

Eddiemorra · Apr 28, 2011

short 112.88 ; stop at 113.20

BCE · Apr 28, 2011

Good call about the close to a double top IV, and it did back off like I said along with the Index Futures.

Holey Grail · Apr 28, 2011

Well, I got long looking for a 20 EMA bounce to no good effect. Back to waiting.

dsave · Apr 28, 2011

Quote from DonCorleone:

yes, interactivebrokers does. i think thinkorswim does as well.

ok, thanks

Picaso · Apr 28, 2011

Quote from InvestVision:

This discussion is good , we need more of these.

once we speculate ( speak out ) different possibilities , it gives different views and bring some clarity to our thinking.

we should be worried about being right etc.. as we know these things can change fast ...

Thanks to P for Chop chop start

ADD: showing bit weakness ,
SHORT (parked ) 113.20 , stop: .1 if we get there quickly ( CL spent 4 hours at 113.20 in over night session )

So you shorted at 113.20? Nice!

Channel and EMA break to the downside, but still not seeing it, looks like chop/range. Maybe "they" are trying to force it a bit down so they can accumulate, instead of chasing Ã la silver

BCE · Apr 28, 2011

Quote from DonCorleone:

speaking of silver, i tried it on sim yesterday. it makes CL look dull. :eek:

Wow! You're right about the volatility. Just tried a quick SIM trade short and it immediately rebounded and I was down $500 in about 3 seconds.

ADD And now I made $942 while I was away typing this post.

DonCorleone · Apr 28, 2011

Quote from BCE:

Wow! You're right about the volatility. Just tried a quick SIM trade short and it immediately rebounded and I was down $500 in about 3 seconds.

ADD And now I made $942 while I was away typing this post.

yea, they should have a warning for those with heart conditions or in pregnancy.

InvestVision · Apr 28, 2011

it held 112.80 line with stop .79 , indicating we may see 113.45 level

InvestVision · Apr 28, 2011

holding 112.79 stop could be trap , we saw 113.18 .. it may reverse from here to 112.50 level ... do not know ..

seems we need 1 hour time to get some clarity ..

Quote from InvestVision:

it held 112.80 line with stop .79 , indicating we may see 113.45 level

Eddiemorra · Apr 28, 2011

Quote from Eddiemorra:

short 112.88 ; stop at 113.20

out -32

so: -26, -34, -27, -32 !

Quote from Eddiemorra:

Will be posting my trades, if for no other reason than that im probably a good fade/contrarian indicator and might help some of you make extra money, lol.

so, did anybody bother fading me!! ?

that's all for today now I think.
Only trading 1 contract but no point in giving more money away than necessary.
Genuinely very interested in flipping a coin to take trade direction though. Not even kidding. Read quite a lot about it.

CL Redux

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