Recent content by mmmm

Summary: +0.42$/barrel, Trending for first 2hrs. Then 2-pullbacks testing highs of 76.77 (Friday highs) 7-9: Mixed move (above and below 20EMA couple of times) 9-11: 2 pullbacks at 9:35, indecisive about long entry on 1st pullback based on past 2 hrs move around 20EMA. Crosses 75.30...

Summary: +0.20/barrel, decent entry, undecided exit on trending Friday. Need to study how to exit. 8-9: CL trending lower, same for ES, EUR. Below 20EMA. 9-11: CL & ES lower (volume increase) on Consumer sentiment. 2 pullbacks at 10 and 10:35 Short @ 74.90 (for: trend since 7am, only 1...

Summary: +0.20/barrel, decent entry, undecided exit on trending Friday. Need to study how to exit. 8-9: CL trending lower, same for ES, EUR. Below 20EMA. 9-11: CL & ES lower (volume increase) on Consumer sentiment. 2 pullbacks at 10 and 10:35 Short @ 74.90 (for: trend since 7am, only 1...

I aim to post daily comments on the prompt CL. I will consciously list tools that I use. I will aim to minimize these tools. Currently using: 5 and 30min bars, 20bar EMA, MACD for tech. Support/Resistance and Pullbacks for Price Action. ES, EUR for correlation. Economic calendar. I am...