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Catching Big Waves - a trader's journal of surfing the the markets


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Catching Big Waves - a trader's journal of surfing the the markets

  #2711 (permalink)
 
GaryD's Avatar
 GaryD 
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011

Come to think of it, it was right about the same price it is right now... lol! That is the distant LSP. No wonder I had the urge to buy it. It was an opportunity missed, a highschool sweetheart...

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  #2712 (permalink)
 
GaryD's Avatar
 GaryD 
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011

$50 positive in a euro trade reject, paid for my Yerba Prima cleanse kit.

I want to see volume tomorrow. I am wanting to buy CL here though, and that is bothering me. I saw a volume bar at 22:10 that I almost took... grasping. I would be + now, but by luck, not skill.




The dow took a hard fall on Friday, those who own stock but do not trade will have been talking and/or thinking all weekend. A short squeeze is ripe. I don't really have an opinion tonight. If I were going to guess, down open, then right back up, but that came from the crystal ball that I pretend to have.

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  #2713 (permalink)
 
GaryD's Avatar
 GaryD 
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011


CL support 81.08 - 81.90








(The black area under the euro is the ice bucket.)

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  #2714 (permalink)
 
GaryD's Avatar
 GaryD 
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011

I keep trying to go to bed, but I am still sitting here wanting to buy this. WTF? CL hit the area I would short 10 days of 10, by indicator value, but the path it took said no. I am reading something wrong, or feeling something wrong.

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  #2715 (permalink)
 
GaryD's Avatar
 GaryD 
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011

The euro is headed up, and I am going to be an idiot tomorrow for posting that.

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  #2716 (permalink)
 
GaryD's Avatar
 GaryD 
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011




That is an unusually hard push for a market that is imploding.

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  #2717 (permalink)
 
GaryD's Avatar
 GaryD 
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011

I started talking of buy natural gas a few weeks ago, as a joke somewhat, but really watched it daily. It broke the minor trend, pulled back to it, I thought about it, I passed...

Am I trying to go back to some past event past when I reach for bottom in the market? Am I wishing I would have done something differently? Or do I just keep passing due to lack of belief?

Down seems so damned obvious right now. "Confirmation" for any sustained up move is so far away it seems unlikely to even get touched...

If CL were looked at as being range bound, but on a weekly chart... The same pattern on a 15 minute would be a buy...with volume...

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  #2718 (permalink)
 
GaryD's Avatar
 GaryD 
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011




I may regret this, but it won't be the first trade that I lost in, if I do.

This is a lottery ticket trade. Do not try this at home.

Started this thread
  #2719 (permalink)
 
GaryD's Avatar
 GaryD 
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011

traded positions for + something





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  #2720 (permalink)
 
GaryD's Avatar
 GaryD 
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011


This has nothing to do with trading, in probabilities. It has to do with my doubts and fears.

Taking an unusually low probability trade, to enforce being glad to hold a high probability one...

stop to .95


Not that I think it is a bad trade, depending on the hold time....

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Last Updated on May 23, 2014


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