CL Redux

Existing home sales in half an hour.

Edit: let's see if the equities try to close the gap before moving on, or if they target HOD from the get-go.

:48 gold leading most swings by a couple of minutes
 
Looks like market is waiting for the housing report before committing to a move.

Anyone sees a clear intraday target to the upside? (to the downside I think levels are clearer).
 
+.15

stopped out be

awful entry was bidding .09 but hit accidentally "Fill" button which places a limit order 15 ticks above last price.

Gold and euro saying to short this mofo; however good US data usually create a negative move in EUR that is later offset, so handle with care.

Nice trade, Star
 
Quote from Picaso:

Looks like market is waiting for the housing report before committing to a move.

Anyone sees a clear intraday target to the upside? (to the downside I think levels are clearer).
More...

83.60 To the upside. But if we get there my guess is won't be until the close. I'm getting the feeling that QE2 ain't gonna happen or be as big as expected. The dollar will not die!! The more people I hear say ... Oh $100 oil is a given. Hey, I'll sell ya some!
 
Quote from Picaso:

Argh, that sucks, just by a bit before the move.

Here working on pulling the trigger, win or lose.

Good luck/skill everybody.
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I had a similar one, counter-trend short off the 1-min, stopped b/e, then it drops straight through my target. I then try again without waiting for 1-min confirmation and stopped out for the 12-tick loss. Pissed! Try again and finally get my 20-tick target. What a waste!

Oh and by the way, took off my buy stop above the earlier high because nature called. Came back in time to see it break without me :mad:

(Whine whine...)
 
Quote from NoDoji:

I had a similar one, counter-trend short off the 1-min, stopped b/e, then it drops straight through my target. I then try again without waiting for 1-min confirmation and stopped out for the 12-tick loss. Pissed! Try again and finally get my 20-tick target. What a waste!

Oh and by the way, took off my buy stop above the earlier high because nature called. Came back in time to see it break without me :mad:

(Whine whine...)
More...

Nodoji posting mid-day: Range alert! :D :p

Sorry to hear that, Nod, we all know you shine in the 10:30-12:30 EST time frame, so... give them hell Nod!!!
 

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