CL Redux

[mfbreakout]

Quote from mfbreakout:

out flat 84.72

long 84.52. out some 82.68. hoping for 84.90 for rest

 

[mfbreakout]

Quote from mfbreakout:

long 84.52. out some 82.68. hoping for 84.90 for rest [/QUOTE


stopped out 84.48

 

[JoshDance]

I am long .38

 

[JoshDance]

Quote from JoshDance:

I am long .38

Out .59 +21 ... spooked a bit by strength of sellers here.

 

[JoshDance]

Quote from mfbreakout:

out flat 84.72

Nice one -- could not pull the trigger at the DT, wanted to short .45 soooo much ...

I have this sinking feeling that I may have missed my long ... .20 was my second shot buy point and I did not take it.

 

[DonCorleone]

long @84.37

 

[DonCorleone]

Quote from DonCorleone:

long @84.37

out at .47

 

[JoshDance]

Hope none of you were just caught out by that garbage algo spike we just saw (11:12am ET). Complete BS. (I was flat just watching, but still, I hate it for folks who get caught by random computer-only driven spikes).

 

[DonCorleone]

Quote from JoshDance:

Hope none of you were just caught out by that garbage algo spike we just saw (11:12am ET). Complete BS. (I was flat just watching, but still, I hate it for folks who get caught by random computer-only driven spikes).

not all spikes are bad.

 

[JoshDance]

Quote from DonCorleone:

not all spikes are bad.

I suppose if you're on the right side of it's fine, but it adds an element of randomness to the market that we just don't need as traders. News-driven spikes are different and even when the news is not scheduled, they're still calmer. This type of spike (though this one was not that large) does no good to us unless we happen to be lucky and already in a trade going the right way.