Friday, July 18, 2014

CL 7/18/14 +39 ticks

That Brazil-Germany semi-finals game was crazy! Never before have I seen a game where one side scored 5 goals in a half or 7 goals in a game. The Brazilians got b-slapped left and right.

Anyway, today decided to take a shot at the CL - Crude Oil Futures. Took two long setups, when prices bounced off of a support level. At $10/tick, this thing moves fast. Can easily make in 1 CL trade, what would take 3-5 ES ones. Very volatile. Missed out on a few short setups, b/c I was not quick enough on the trigger. Trades can be stopped out in a flash too, if entered wrong. No real back and forth movements like in the ES. Would also need to widen my stops to accommodate for the wider moves. Not sure I'm comfortable with that and the speed. Most likely back to the ES then.

Crude Oil Futures chart for Friday 7/18/14