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CL at 76.50 area. Only surprise is that CL did not hit that area during RTH when i was long. Short.
My posts are not meant to give financial advice neither do they imply that my method is special. "THIS IS WHAT I COULD BE IF I HAD A TOTALLY CARE FREE STATE OF MIND DURING TRADING" Mark Douglas.
Cover some 76.10 and planning to add to shorts if CL bounces higher. Ideal target 75 area. First target 75.50 area.
My posts are not meant to give financial advice neither do they imply that my method is special. "THIS IS WHAT I COULD BE IF I HAD A TOTALLY CARE FREE STATE OF MIND DURING TRADING" Mark Douglas.
My posts are not meant to give financial advice neither do they imply that my method is special. "THIS IS WHAT I COULD BE IF I HAD A TOTALLY CARE FREE STATE OF MIND DURING TRADING" Mark Douglas.
Damn CL reversed from 75.50 area at the speed of light. I had to cover short at the market and go long. As usual all kinds of conflicting news as to why part of the equation. CL move from 75.50 to 76.70 very orderly, subsequent pullback very orderly but this reversal very UNUSUAL to say the least. Longs and Longs till the freight train stops. Any short attempts will require a pretty wide stop loss due to UNUSUAL price action underway in CL.
My posts are not meant to give financial advice neither do they imply that my method is special. "THIS IS WHAT I COULD BE IF I HAD A TOTALLY CARE FREE STATE OF MIND DURING TRADING" Mark Douglas.
' European Stocks Jump as Draghi Repeats Inflation Pledge"
Catalyst to short the hell out of Euro. Short.
My posts are not meant to give financial advice neither do they imply that my method is special. "THIS IS WHAT I COULD BE IF I HAD A TOTALLY CARE FREE STATE OF MIND DURING TRADING" Mark Douglas.
In situations like these CL can RUN beyond what most of us can comprehend. Out some 77.30. I took some off at 76.30 area thinking to add on pullbacks to 75.60 area. There was none.
My posts are not meant to give financial advice neither do they imply that my method is special. "THIS IS WHAT I COULD BE IF I HAD A TOTALLY CARE FREE STATE OF MIND DURING TRADING" Mark Douglas.
All right pretty lady time to pullback some. From this point on ONLY shorts for me. Purpose of covering shorts is to add to shorts into bounces. This does not mean CL can not make new highs and 77.80 is high for the day. $80 is stop loss area for me. Plan to focus on CL, NG and GC for most of the day. To try longs in 77 area BAR is very high for me. I do not anticipate a situation like that coming up today based on probabilities.
My posts are not meant to give financial advice neither do they imply that my method is special. "THIS IS WHAT I COULD BE IF I HAD A TOTALLY CARE FREE STATE OF MIND DURING TRADING" Mark Douglas.
Hi Sandptrader,
Do you have a list of your indicators and a template for your Ninja charts on this thread? I'm trying to build a similar look for some of my charts but have not been successful - any help would be appreciated - thanks!
-SawDr
Cover most 76.50 area and still hloding shorts. No longs for me till FLUSH down shows up. Picking longs within macro bearsih trend set up BAR is very high. CL can drop another 100 ticks in a NY minute and if she gets stuck in a box- get your scalps from long side and RUN. Serious buying or monetum is tough to hide, for example during Euro session this morning. Till then it's just guessing based upon 2 candles up and one down etc.
My posts are not meant to give financial advice neither do they imply that my method is special. "THIS IS WHAT I COULD BE IF I HAD A TOTALLY CARE FREE STATE OF MIND DURING TRADING" Mark Douglas.