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Short 105.60 (Here we go again!)

HAHA - nope right now no position (although I do keep playing CL from the short side). Got stopped out of some overnights a few hours ago, and gonna sit it out for a while. Ill post a bullish article as well next time............ :)

Interesting article on Zero hedge regarding cushing stockpiles/supplies and downward pressure in the near term (over 1 month) on WTI crude price http://www.zerohedge.com/article/no-more-storage-cushing-wti-will-be-90-month

Why all the strength? Dollar weakness possible - EUR is flying high today definitely a brent led rally :confused:

Short 104.95 ADD short another @ 105.00

S/L @ new highs 105.21

Crazy - so at the very least I would have thought we'd trade sideways. All these initiatives (albeit) long-term, coupled with bearish inventory numbers (bigger build then expected/previous) and we still rally strong! Maybe a sell-off in the last hour/half hour............

Short 104.95

Why such a strong move - i know Obamas talking about energy - but anything he said in particular to move this.........

Add 104.85 S/L @ 105.05 Strong bounce! :confused:

Sell 104.60

AAAaaaaaargh was short from the highs as well! :mad:

Out of both @ 104.36 I think it goes down today - but dont really want to hold a position over the inventories number

Add 104.74 (S/L @ 105.05)

Morning all! First trade of the day Short 104.71

out of both 104.68

add another short @ 104.81

Short 104.55

103.49 is the 61% fib retracement (low to high) for today........

Out of everything @ 104.20 - Now v small profit for the day yay!