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short at 75.80 stop at 76.00

Great, question you see that mini triangle in a 5 min chart?

Yes, I could be wrong, but I am expecting a bounce back to positive, won't get in, until I see that. I am very bias today.

Yes, I could be wrong, but I am expecting a bounce back to positive, won't get in, until I see that. I am very bias today.

Yes, seems that way, my only problem with CL this last couple of weeks, I've been in the right direction, it's just my timing for entry point has been horrible. I will try to have a lot of patience.

Good Morning Traders, Euro above 1.28, ES and YM are in the positive regardless of the FOMC comments yesterday..............mmmmmmmmmmmmm long Oil.......now, my dilema as always............my entry point!!!!!!!!!!!!! :S

I think is going to be very choppy before inventories.

Went long at 77.11, expecting for breakout got out at 77.00

I believe with r waiting for to the upside, look at the Euro, ES and YM. Looking for a break of the high of the day 77.11.

It's me or the CL, has been lagging behind in respect to the ES and YM in the past 2 days?

Sorry meant 77.10

going Long if hist 76.10.

4 ticks stop or target?

Using MP?........that's my next POC from July 7th in the downside.

Long at 76.00 stop at 75.85

Guys, I usually trade with Openning Range, for the first half hour and first hour. I hope this is not unethical, but I would like to know when you trade Resistance and support breakout how many ticks above or under respectively you consider breakout for an entry position. Thanks.

Yes, IMHO, but today I don't have the guts to do it. I already made a small profit, today, and rather keep it that way.

I agree with it already have price in the API #'s in the 75+, now for the record, we still holding 75.00, ad we are getting in again into the Opening of the first hour 75.30, may an upside here.

This report was bearish. We got a dent on Oil inventory, but Gasoline rose. That's what matter.

I was looking for a break of the opening first hour in 73.80, it was going to reach 74 at least, then we breakdown to the opening didn't do anything then but also though it will bounce back from 73.30, and instead we break down below 72.00. I am thinking it will bounce up 72.00 sometime today...