CL Redux

BCE, just read your posts above. I didn't see the posts you said were removed.

I'm not a member of any private trading forums, but would be interested. Maybe something you would be too? Maybe also some others on here as well?
 
Quote from Visaria:

FYI, Visaria is not a boy, he is a very hot, red blooded man. :D
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:D :p :D

Hi :) Up in the middle of the night to see what's up. It's 2:48 AM here. Back to bed in a second.

I thought this might stall out. Greek news may be priced in to a degree. There are still a lot of problems in Europe that will be there for a while.

I was thinking about your previous trade and under the heading "Coulda, Shoulda, Woulda" if you had took your short profit @97.32 or thereabouts for $1500 or so and then flipped it you'd have been up an additional $2700 from there a couple of hours ago. Of course we can all do this math after the fact. Just an observation for taking profits on this when the profit is there before it reverses, which it probably will a lot right now. This may continue in a fairly tight range for a while. We'll see.

I'll talk a bit more about the post removals later maybe although I did make my points I wanted to mention. Not the end of the world. :)

Shouda, coulda, woulda bought that pullback last night to Friday's close. I was watching the Grammy Awards of which Adele won all the ones she was up for including all the big ones, and Foo Fighters won most of theirs too. I thought this would run up to 100 and for now stall out a bit. We'll see if we get an additional run at the pit open, but may not get much conviction. No economic news until tomorrow.

Back to bed. :) See you in a few.
 
GM again. :)

I was thinking last night this might top out early @ about 100.50, so that was a good call. And I shorted @100.46 but got out too soon again in that chop. Oh, well. The easiest trade obviously was the runup at the open.
 
Quote from BCE:


But I did think about next week if I do buy one of those steep selloffs early or short a steep spike up blow off top, to put my stop in and turn my computer off for an hour and look back then and see what it's done. Or just don't look at the trade and just do something else. Maybe put a $1000 profit target sell or cover in. This would be an exercise for me to be more patient and let the trade develop. Occasionally I do that. Just not often enough maybe. Just some thoughts.

Have a great weekend everyone. :)
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Just an observation. This was a great plan I had and would have worked out perfectly. But there was one catch. I didn't actually do it. Or at least I didn't complete it. As I just mentioned I shorted @100.46 but only did a small scalp profit in the chop. If I had held it and did just what I was proposing I would have made $1000 just like I proposed. Sigh..........I need more faith in my own calls and abilities I guess.

Hope everyone's trading well.

Take a break. BBIB.
 
Quote from Visaria:

nice one, BCE, but just another dollar retracement for me :(
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You didn't take your profit again and I didn't hold mine for a bigger profit. We're working on it. :) I wouldn't maybe look for 5 point one directional moves in the next while. I'd take a $1000 whenever it's there maybe. Your call. And of course for me I have to hold positions longer to get to $1000. We'll get it.

Off to do my morning duties. :)

One quick add: CAC 40 is actually down now. I knew this rally would fade. Too many problems still in Europe. They bailed out Greece before and it didn't work.
 
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