CL Redux

I was waiting for a second entry short if the 20 EMA broke and it was a failed b/o of the EMA. I was figuring out where I wanted to place my buy stop to go long and it took off! I tried to jump in and every time I tried to buy at the offer it ran away more. I lost my mind and chased my entry 35 ticks from where I was about to place the initial buy stop. :eek:

What was that all about???
 
that's a big volume bar. I hate when I'm making a protein shake and hear that ding of a stop :mad: This is going to f^%$ with my mind all day so I guess I'll trade something else.
 
Quote from NoDoji:

I was waiting for a second entry short if the 20 EMA broke and it was a failed b/o of the EMA. I was figuring out where I wanted to place my buy stop to go long and it took off! I tried to jump in and every time I tried to buy at the offer it ran away more. I lost my mind and chased my entry 35 ticks from where I was about to place the initial buy stop. :eek:

What was that all about???
More...
I guess it was about the Middle East still. What could it be? The EIA report is tomorrow.

Market is bullish here in general. Seems to be blowing off the European stuff. Guess people are optimistic and want to put their money to work in the new year.
 
Quote from riskaddict:

that's a big volume bar. I hate when I'm making a protein shake and hear that ding of a stop :mad: This is going to f^%$ with my mind all day so I guess I'll trade something else.
More...
I was thinking of you too. Oh, well.
 
Not sure why this waited til :39 after the hour to take off. The volume spike that risk pointed out may be some hedge fund jumping in big time. Maybe it was the Iranian govt. Wasn't me. :)
 
Quote from EON Kid:

very bearish price action could see a major sell off
More...
May be the factory orders number kicking in. Seems that the up ticks in general may be new money, but then the realities of what's actually up kick in.
 
You must log in or register to reply here.
Back
Top