Search results

LOL. I was just trying to pick on your comment of almost to the TICK - as FUN. It's all good in CL land. DXY down and CL looks like trying to claim 100 level.

short 99.48 , stop loss 99.61 cover 99.08. My stop loss is a function of how much i want to loose as i assume i will get stopped out. We have Mave. weekly level of 99.77, I have resistance at 100.23- 100.36. CL can run up and fail any where in between or just keep going up. I never...

Yes and thanks for levels.

Magic of A up. long 98.54 out 98.98. A up does not mean, just buy any where and hope for $2 move. One has to work to get some ticks. ACD- gives reference points. I do not know why after A up, OR high level is defended on first test but it does get defended at least once. As usual I am out...

Cover 98.64. 98.50 breaks, 98 area becomes next target and so on. Or CL may just trade within a BOX- till THIRD FORCE shows up. BIG BEN may turn out to be the THIRD FORCE today. Contrary to common misconception, trading CL requires lot of PATIENCE.

Joe has been talking about EMC for 6 months. Looks like EMC earnings were very good couple of days ago. I am just amazed how ES has traded 3 points above or below OR for 25 days now. Thanks for telling us that ES offers the most failed A down/ A ups then any other instrument.

I do not see bounce of weekly A down. I think weekly level you posted was 97.73. Unless I noted it down wrong, I will not call bounce almost to the tick (lol) . That's 20 ticks difference. However, still lot of VALUE in weekly levels. I just do not know how to trade in front of oil report...

01-25-2012 Mid day.

01-25-2012 pre open

Out 98.84. Do not want to push my luck (lol).

Mostly done for the day. Long 98.50 1st target 98.90 and then 99.20-99.40 . stop loss 98.39.

i use 45 minutes 8.30 am to 9.15 am. 2 cyan lines on all my charts show OR. eastern time.

Per my RULES, failed A down. Tha's why i went long at 98.32. We need to be aware of support levels. My definition of clean A down or A up - since MF method is primarily a breakout method- I do not want price to touch or come into OR. Even if we had an A down confirmed at 98.38, I will not...

01-24-2012 pre open. So far one trade of failed c down. Long 98.32 out 98.74. Correction: daily support should read 98.40-97.85

YW. Just riding mav coat tails.

Oil Pit close 01-23-2012. On 80% of days, one has to hold long or short position for 30 minutes or more to get paid fully.

Hi Mav, I am looking at Fish sheet for Euro Currency. He has trading hours as 2.30 am till 4.15 pm. What time do you use for US session? Also, weekly and monthly levels for CL. Thx

01-23-2012 market profile for cl. CL need to close over 100.63 to get BULLS going.

CL 01-23-2012. Mid day