Today, I was chatting with a friend on Skype while taking trades. I was giving him the “play by play” while trading. Ultimately, CL finally had a nice smooth move which allowed me to finish up.
Here is what it looked like:
So, my original target was $107.14 based on what I was looking at, but if you know me, I am only willing to give back so much to find out. I would rather exit, and look to get back in again. And, that is what I did. I ultimately saw that target, but only after getting in and out multiple times.
Do you see something similar on your chart(s) for the day?
I am still working on posting more consistently, but my friend mentioned this would be a good post for the blog on a day like today, so, here I am.
Spank the Markets - CL Edition Trading Blog
A journal on my method of trading oil futures...
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