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long off 103.08. +24

short 103.76. cover 103.40 +36. I am trading CLJ2 contract. Traders trading CLh2- difference between 2 contracts Support and resistance is 30 ticks. CLJ2 need to clear 103.70 and then will look for longs on pull backs, otherwise short below 103.70 area.

market profile clues.

how dxy move on 02-16-2012 helped with RISK ON trades set ups. Lot of traders get caught in watching DXY etc.. tick for tick and get confused to say the least. Unless one is trading forex, all one need to be aware of the general direction of DXY.

02-17-2012 Pre Open. Rollover for crude Oil futures next week.

Here is a link to Mark Fisher Webinar. http://vimeo.com/15967639

02-16-2012 Oil Pit close. +26. NOTE: I need to answer some questions I have received. I will answer in a day or two.

02-16-2012. I have resistance at 102.12-103.60. What if price never gets there? In that case i need some evidence of weakness to put on a short. Time of the day is also an important factor.

02-16-2012 11.50 am trade +50 In the morning DXY was at 80.24, now dxy is at 79.60 with A down. DXY down and ES , CL , GC etc up.

No trades since last one 2 hours ago. 40 ticks trading box since 9.20 am - nothing but trouble.

1st test of A up and 101.80. +26

02-16-2012 1st trade off 100.80 area support. +44 Will look for shorts if fail to clear 101.50-101.80 .

02-16-2012 pre Open. Lot of news today. Big Ben speaks at 9 am.

Following are my observations in response to some questions regarding Box trading. Box trading: 1) Box trading happens every day. Some days it's more exact than others. Ideal box should be 60-100 ticks wide. Box less than 40 ticks has little value and tough to trade. Lot of intra day boxes...

Short 101.82 , cover 101.40. +42. Done for the day. I was expecting CL to break to the down side to 100.60 support and then coming back up somewhere 101.50. I am glad with experience , i keep expectations in check. Looks like CL will close some where within OR trading box. I have no idea why...

02-15-2012 Looking at OR tension in a different way.

01-15-2012. trading box of failed A ups and A downs. This is quite normal. E-mini had 18 of failed A ups or A owns in January. One can not look at anything else in terms of indicators etc.. Box trading is short 101.84 area with stop loss at 102.01 and long 101.30 with stop loss 101.09. A...

02-15-2012 failed A up trade. +44

looking at DOE bars set up with a different view.

DOE report trade. stop loss low of red bar @101.18