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I read that and immediately experienced an orgasm :) Golden words.

I wasn't sure whether to post this under Psychology or Technical Analyses, so you decide, in a way that's not the main issue. What is more important is how we relate and interpret expansion of volatility near critical zones. I am the sort of person that always analyses things that take place...

People, check out this bozo, that piehead is an ET sponsor, phew! <object width="425" height="350"><param name="movie" value="http://www.youtube.com/v/q2tiNM90Pyo"></param><param name="wmode" value="transparent"></param><embed src="http://www.youtube.com/v/q2tiNM90Pyo"...

Would that be a positional stance or shorter term? Long term oil can only be up ImO.

You what? :confused:

I must admit I thought you were long.

they got me for a -6.5, maybe there won't be a 3rd peak after all

I don't have access to info like that, I do see a potential intraday top on a 5 minute chart, but does it stand a chance when you look at something like 2 hour chart? I mean how much downside are we likely to get? Whenever you see histogram rising dips below centreline, in layman's terms...

2 hour chart's histogram says UP. <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1616858>

It looks like 3rd peak is in the making, bulls will attempt to gain advantage and create momentum based on 60 minute chart's histogram pattern ImO, still long right now. Getting more & more interesting, I think 2 hour chart can very well turn out to be the trigger point for a re-test of current...

That is so right on the money, bastards! :) Still long DAX, looking to flip to short soon to join you guys.

1 more lot long average long 7859

Scaled out 2 lots +32 3rd remains short 1.3980 target based on divergence range in 60 minute chart

added 1 lot

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1616594>

Shorted 1.4116

3rd +20 Long 3 scaled out 2 +9

scaled out 2 +6

Short 3 -2.5 Short 3 2nd smaller peak possible

You Yanks love to be entertained :)