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Catching Big Waves - a trader's journal of surfing the the markets
Updated May 23, 2014
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Catching Big Waves - a trader's journal of surfing the the markets
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#1611 (permalink )
Orlando, Florida
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011
When I started trading CL I sometimes despised it's ability to run stops no matter where you put them. But I learned to accept that is what it does, and now just respct it.
That last push into the 104.30s was still not anything that scares me from the long side of this market, and in some ways supports my view. I am going to wait now for the EIA, with 25 minutes to go.
Can you help answer these questions from other members on futures io?
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#1612 (permalink )
Orlando, Florida
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011
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#1613 (permalink )
Orlando, Florida
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011
I do not have everything I want, but this is more from a lack of response...
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#1614 (permalink )
Orlando, Florida
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011
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#1615 (permalink )
Orlando, Florida
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011
closed +45
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#1616 (permalink )
Orlando, Florida
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011
futures.io (formerly BMT ) could not be accessed for awhile.
I took an 11 tick loss, then a 35 tick gain in between, all long.
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#1617 (permalink )
Orlando, Florida
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011
I almost shorted this at 106.00 but I am not going against a market that is pegged to the ceiling. I may buy a pullback into the 105.30 area, but may also be done.
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#1618 (permalink )
Orlando, Florida
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011
I;m not seeing the participation of a real move. I see a market everyone expected to break lower, and it didn't, so they got out. And that move scared it's way up.
The ES is flirting with the 382 retracement of a minor and major double top , and I am guessing that is taking some of the steam out of CL.
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#1619 (permalink )
Site Administrator Swing Trader Data Scientist & DevOps
Manta, Ecuador
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Platform: Custom solution
Trading: Futures & Crypto
Posts: 50,182 since Jun 2009
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GaryD
futures.io (formerly
BMT ) could not be accessed for awhile.
Yes, there was 16 minutes of down time from 11:28 AM to 11:42 AM on Wednesday due to a database problem. I am going to try to address it this weekend.
Sorry for the trouble.
Mike
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#1620 (permalink )
Site Administrator Swing Trader Data Scientist & DevOps
Manta, Ecuador
Experience: Advanced
Platform: Custom solution
Trading: Futures & Crypto
Posts: 50,182 since Jun 2009
Thanks: 32,680 given,
99,541
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Last Updated on May 23, 2014
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