Wednesday, February 24, 2010

Time to regroup

Ok, so overall the system is now down about 10%.  That's not a major disaster but after being up 50-70% it is a major pull back.  So I'm going to step back this next month and try to see what can be improved going forward.  I feel there is no since blowing out this department at the moment.  So going foward till April we will keep the Swing Fututres department open.  This depatment has only had one trade.  So maybe we can get something working there.  And we will be running our RUT credit spreads as well.  And then in April I will look to relaunch the Futues or the FX department I have been working on.  Thanks for following.  To your trading success.

CL Stopped

Can't seem to stop the bleeding

Out @ 79.07

CL stop update

Move stop to close of current 15min bar if higher than 79.06

Crude Short Entry & Triggered

Symbol: CL
Chart: 15m
Entry: Sell stop @ 78.81
Stop: 79.07
Target 1: 78.32
Target 2: 77.89
Target 3: 77.19



Short 3 @ 78.80