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Crude in 2011


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Crude in 2011

  #111 (permalink)
 
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 josh 
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Well played and awesome job!

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  #112 (permalink)
 
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 aquarian1 
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Monday, August 22, 2011

Initial Cash Balance at Start of 5 May=$20,000

Cash Balance = $66,190
Open positions = 0

Order to sell 2 Oct contracts



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  #113 (permalink)
 
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 aquarian1 
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no fill on sell order
I have canceled order and will re-enter tomorrow.
no open positions

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  #114 (permalink)
 
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 tigertrader 
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put this out last week...

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  #115 (permalink)
 
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josh View Post
Well played and awesome job!

Thanks Josh!!

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  #116 (permalink)
 
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 aquarian1 
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tigertrader View Post
put this out last week...

Thanks tiger!

How do you compute your targets?

Do you have a time frame for them?

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  #117 (permalink)
 
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 aquarian1 
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Motivated by Tiger's chart I tried to find bearish targets.

Monday August 22, 2011
21:29 CT

I don't really see much support below 74.

The lines on the chart are just for fun with the purple ones seeming to indicate 54.
My current focus is on where the bounce of today might top and to start to rebuild a short position.

I'll try not to chase it - so one day at a time. Hope to sell a couple tomorrow so at least I have some contracts in the kitty.

Text says "if we break 74 do we go to 54?"


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  #118 (permalink)
 
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 aquarian1 
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Tuesday, August 23, 2011

Order to sell 2 Oct contracts at 86.68




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  #119 (permalink)
 
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 aquarian1 
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Tuesday, August 23, 2011

Order to sell 2 Oct contracts at 86.68

result= no fill (high=86.39)

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  #120 (permalink)
 
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 tigertrader 
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aquarian1 View Post
Thanks tiger!

How do you compute your targets?

Do you have a time frame for them?



64 is the minimum measuring implication of the H&S top, and 57 is a very loose interpretation of a Wolfe line.

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Last Updated on September 23, 2011


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