CL
Open:
Long 1 @ 94.05. 5m Squeeze in alignment with 60m Waves. Missed the initial entry, was hesitating because ATR was at 45 and couldn't do 2 contracts. It then moved down a little but the bigger picture was unchanged, so I decided to go in with 1 contract. Mental stop loss 45 ticks at 93.60 which was a little below 30m 20EMA. Target 25 ticks.
Close:
It went up 10 ticks and then turned down, after taking 26 ticks heat, I moved my target to +15 ticks.
Sell 1 @ 94.20. Lucky, top tick fill. Was about to move it higher. Kinda impulse trade with no clear plan.
1 contract $150 gross, $137.06 net.
For the day $175 gross, $145.58 net.
Wednesday, August 8, 2012
20120808-2
Labels:
5m,
5m squeeze,
CL,
impulse trade,
profit,
squeeze
20120808-1
6J
Open:
1st: Long 1 @ 12769. 15m TC18 in alignment with 60m waves and a daily squeeze. ready to add in 1 contract at 30m TC18 9 ticks below and 1 contract at 60m TC18 15 ticks below. If the addins get filled, the plan is to trail 1 contract with a wide stop loss taking a position in the daily squeeze and exit the rest with 10 tick profits.
2nd: Long 1 @ 12761. 30m TC18. Average price 12765. First target 12771, second trail.
Close:
It got to 12754, 1 tick from last add in point.
1st: Sell 1 @ 12771. First target hit, 7 ticks heat. Stop loss moved to the second entry, 2 ticks above break-even.
2nd: Sell 1 @ 12761. Stopped out.
2 contracts $25 gross, $8.52 net.
Open:
1st: Long 1 @ 12769. 15m TC18 in alignment with 60m waves and a daily squeeze. ready to add in 1 contract at 30m TC18 9 ticks below and 1 contract at 60m TC18 15 ticks below. If the addins get filled, the plan is to trail 1 contract with a wide stop loss taking a position in the daily squeeze and exit the rest with 10 tick profits.
2nd: Long 1 @ 12761. 30m TC18. Average price 12765. First target 12771, second trail.
Close:
It got to 12754, 1 tick from last add in point.
1st: Sell 1 @ 12771. First target hit, 7 ticks heat. Stop loss moved to the second entry, 2 ticks above break-even.
2nd: Sell 1 @ 12761. Stopped out.
2 contracts $25 gross, $8.52 net.
Subscribe to:
Posts (Atom)