Image says it all. Exceeded the 77.00 mark and on the way to 78.25. Enough for me because I was tired and need to be up early the next day. Having guests over for dinner. Oh how I wish I was still in Toronto time for trading.
Friday, October 16, 2009
CL Trade 15 Oct
1221h EST This was last night's trade. Didn't have the guts to step in front of the EIA numbers at 1100h EST. Sold 75.97 as the 50% retrace of 75.99. Embarrassing as it was a wrong plot. I saw 75.97 as the 61.8% retrace. Arrghh! How could I be so careless? Anyway, the entry was a good entry. The extension tells me it should go to 75.44 so I placed my target at 76.47, 1 tick above the 61.8% retrace of that leg. Trailed the stop to 75.83. Then I see it stall at 75.61 which is the 50% retrace. I moved my target to 75.63 to bail out but too late. Stopped me at profit of 13 ticks.
Image says it all. Exceeded the 77.00 mark and on the way to 78.25. Enough for me because I was tired and need to be up early the next day. Having guests over for dinner. Oh how I wish I was still in Toronto time for trading.
Image says it all. Exceeded the 77.00 mark and on the way to 78.25. Enough for me because I was tired and need to be up early the next day. Having guests over for dinner. Oh how I wish I was still in Toronto time for trading.
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