CL Redux

[mfbreakout]

Magic of A up, number line value of 9 and pivot tracker value of 9.

http://www.screencast.com/t/nGu1WcVSom

 

[ammo]

dollar stopping here,could go here

 

[Visaria]

Just came back, what the hell happened? Bernanke speech?

 

[aquarian1]

more computer prb
------
--- Day end Summary for: Tuesday, October 18, 2011 ----
(This is a paper account started with $20,000 on Monday Sep 26, 2011. I follow the margin rules for IB.I try to post my trades in advance when possible and with graphs. I am not reading the thread so if you wish to contact me please do so by PM.)

10:30:12 SLD 1 CL false DEC11 Futures 86.90
13:56:56 SLD 1 CL false DEC11 Futures 88.50
bot 3 at close - one for margin

sld 1 at 86.90 @ 10:30
Bot 1 at 88.48 @ 15:00
= -1.58 * 1000 = -$1,580

sld 1 at 88.50 @ 13:56
Bot 1 at 88.48 @ 15:00
= +0.02 * 1000 = +$20

sld 1 Dec at 84.53 @ 10:04 Thursday, October 13
Bot 1 at 88.48 @ 15:00
= -3.95 * 1000 = -$3,950

-$1,580 +$20-$3,950 =-5510


Opening Cash Balance today $14,880
Change in Cash = -$5,510
Closing Cash Balance = $9,370

Holding 1 short contracts:
1 Dec at 86.81 @ 13:10 Friday, October 14
Closing Price 88.48
-2.81 * 1,000 = -1,870


Open Equity = -$1,870
Closing Cash Balance = $9,370
Net Equity $7,500

 

[wolfpacker]

Quote from SteveH:




You can leverage up in any one trade so long as you will not allow your loss to grow worse than what you would be willing to lose in a normal trade. This will basically force you to get out at breakeven if, on your first add-on, you are down 10 ticks total (= standard 1 contract 20 tick loss). When you get good at adding onto a trade in a strong trend, esp. on the CL, you will find your chances of making $1200+ go up once you get past the threat of b/e on 2 positions.

Great information on adds!. Thx. What constitutes a strong trend for you and what determines when you add?

Thx,
Wolf

 

[EON Kid]

10:30am DOE Crude Inventories est. 2000K range -2500K to 2500K prior 1344K

DOE Distillate Inventory est. -1500K range -2500K to -500K prior -2929K

DOE Gas Inventories est. -1500K range -3500K to 1000K prior -4134K

DOE Refinery Utilization est. -0.50% range -1.0% to 1.5% prior -3.5%

 

[EON Kid]

10/19/2011 10:30 *DJ DOE: US Crude Oil Stocks -4.729M Bbl In Wk; Seen +1.1M Bbl

 

[usman88]

Can anyone post gasoline inv. and other data? My news feed just died

 

[EON Kid]

bearish HnS top action

 

[EON Kid]

Quote from usman88:

Can anyone post gasoline inv. and other data? My news feed just died

10/19/2011 10:30 *DJ DOE: US Gasoline Stocks -3.324M Bbl In Wk; Seen -1.7M Bbl