Search results

  1. J

    CL Redux

    My default stop is 15 ticks, and I have my ATM set to put it and default target of 50 ticks in when the trade is entered, to be sure I'm somewhat safe if my internet goes down. I moved it to .83 because it was above a small trendline I drew on my tick chart which I thought should not be...
  2. J

    CL Redux

    Congrats! I unluckily sold near the high at 95.87 with a limit order on the first and only push up, moved the stop to .83 a few minutes later, and had a hard target of .21 ... was stopped just before nicely retracing the whole darn thing and lower... and I even thought about selling with a...
  3. J

    CL Redux

    Quite a war of the machines going on right now since 10:16pm EDT... back and forth, buy and sell, 10 tick range... fun to watch.
  4. J

    CL Redux

    Too early to tell of course, but the attempts up on Friday were weak, so it's not surprising given that we opened around Friday's settlement. The big spike is really not significant as it was more of a vacuum than anything else (only about 120 or so contracts traded in the first couple of...
  5. J

    A simple price action approach

    In my reply two posts back, I did not recommend a short there, I said that the short should have been taken earlier, IF he were going to short on that premise (break of the TL). In fact, I was on the same page as wolf, only looking for longs, as I posted this around 11:20 (ET, as the poster's...
  6. J

    A simple price action approach

    It seems that the better short would have been a break of the prior bar, near 96.20 ... at the place you took the short, if I'm understanding you correctly where you took the short (96.07 or so?), price had already significantly broken the trendline. Also, connect the lows of the 11:40 and...
  7. J

    CL Redux

    Shorting .14 target 96 or 95.85 cancel order
  8. J

    CL Redux

    I'm a seller at .09 if seen, target 95.85, stop .21 EDIT cancel order
  9. J

    CL Redux

    Stop at .08 would have held, .60 hit.. that's the price I pay for needing instant gratification.
  10. J

    CL Redux

    Not enough instant gratification (no follow through), out .23 for +1
  11. J

    CL Redux

    Looking to long again, .21 if seen, stop .08, target .60
  12. J

    CL Redux

    Cancel order -- big time buyer at .15 held and held, looks like he just let go.
  13. J

    CL Redux

    Buying .21 if seen
  14. J

    CL Redux

    A retest of 95.85 would coincide nicely with the lower channel parallel line, if we get in that area. But that would have to happen in the next 10 minutes or so to coincide.
  15. J

    CL Redux

    The only thing that concerns me about longs here, is that the pushes up here, including the last 60m bar, have been rather weak... it's almost expected given the time of day and previous activity, but I would much prefer to see some participation behind it. EDIT - A retest of 96 seems all but...
  16. J

    CL Redux

    Just my opinion, nothing more, and always treat anything I say as coming from someone totally full of it. Nobody knows what will happen next, and least of all me.
  17. J

    CL Redux

    After massive NFP volume, sellers are already relatively tired. 20K contracts in 10 minutes is no joke. Not so much to give up, but ready for a retrace. We got that. Then the break below the pre-pit low, we get a nice big down bar (5m) on heavy volume (7.5K). That's strength. But, we have...
  18. J

    CL Redux

    I think we have seen LOD at 95.60.. technicals point to longs IMO at this point.
  19. J

    CL Redux

    (11:14am ET) And oil gives one more "up yours" to the majority earlier who guessed and thought they could pick the bottom at .71... (I was one of them but I closed early for profit rather than be a bottom-picker)....
  20. J

    CL Redux

    Actually I've decided to be a chicken and take the profit for +16. :D ... this will be a sure sign it will rocket up!
Back
Top