Monday, June 20, 2011

Stopped out of CL long

I got stopped out of long CL position @ 91.79 earlier tonight, in pre-market trading. I normally don't like to get back in the same position that lost money, but CL is volatile, so $2 movement is nothing. We are still within channel. I am still expecting a 3-5 day rally across all risk asset, so going back in.

Just went long again @ 92.17
Target 97.17 (will re-adjust later)
Stop -2 @ 90.17

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