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why does it always seem like we are at important levels at lunch time? Somebody tip this thing over so I can get short again at 105.50.

Alright enough of that lets take this bitch to 115 and get it over with. I'm now a believer in the way of the bull.

Very interesting this latest 30 min bar can't seem to stay above this mornings POC. Now I really want to short. Maybe just a nibble at .35 with a stop at .55

I have S1 at 103.18 and the end of low end of yesterday's value area at 102.89. Anywhere in there would be a good place to take profits and then wait and see what happens. DX not looking like it wants to break out and could cause head winds for bears. :(

If we stay below 104.10 for next 15 mins short and hold down to 103.20.

Everyone has their own "normal" the most important thing to remember is what we want and do are meaningless, all that matters is the price and therefore you must know what is significant and what isn't. There is a 70% chance sometime tomorrow we trade somewhere between 104 and 103.75. That...

105 is the exact high end of yesterdays value area. If we can finish the day below 104.75 I will be net short once again. That is a big IF.

It is strange for a day like yesterday to be followed by a day like today. I have no idea what kind of shit the media is spewing today but maybe the inventory number tomorrow will castrate these bulls. Although I don't really care now since I'm basically neutral.

I agree with the idea but I'm just curious as to why 104.45? I would be looking to get more long at that level I'm just wondering what you're seeing. Thanks RA

Game Over

alright bears lets get our shit together and pound away. We can't let this 30 min bar close above the daily pivot or we are toast.

Trading wise it doesn't matter but what if that is the case and this is how monetary policy is formed. Australia here I come!!

Get ready to unleash hell at 104.75

So based on the price action here and with the dollar do people actually the think monetary policy will be based on some ridiculous survey?

If you want to short now would be the time, just testing this value area and churning around this morning's poc. Lots of room to the downside with an obvious place for a stop to the upside. If you get stopped out you can always try again between 104 and 104.75.

Very nice !!

Oh geez after I read your 1st post I figured you were off celebrating. That head fake that broke above that congestion area f$!&ed me up to, I got stopped out of one of my shorts and I never replaced it. Tomorrow should be a tell tale sign for what the rest of the week should bring. Either...

Looking at the profile this week I see a magnet around 102.9 which isn't that far away. Anything above 105.50 will finally blow the top off 107. If we just bounce between 105 and 103 we should all make some filthy money!! Except for the straddle I put on Friday :(

Down would nice but buy stops in place above .85 justincase

Why not ban the stupid ETFs USO, and UNG have really screwed things up and add to volatility. Politically it seems a lot more doable. Or why not hold a gun to Ben's head and make him raise rates a couple points, that alone would make oil drop 20 bucks. The housing market is dead who gives a...