CL Redux

[Visaria]

out at 60

 

[Visaria]

long at 60, stop 30 ticks away

 

[Picaso]

Quote from Visaria:

long at 60, stop 30 ticks away

Looking for a big target?

 

[Daxspreader]

Really narrow trading range for a pit opening. Looks like we have to wait for the inventory numbers before getting some direction.

 

[Visaria]

Quote from Picaso:

Looking for a big target?

yeah, hoping for huge break out, annoys me this discount to brent!!

position trade, would be looking for 110+ so good risk/reward

 

[Picaso]

Long .52 out .46

It would be a breakeven if it weren't for the slippage

 

[InvestVision]

seems so
From .60s collapsed to .50s. Seems big wall of shorts at double top .70

We may see 108.90s at best , I see it is hard to break 109 barrier regardless of report
Report will be like last weeks EIA report, crude draw, gasoline build similar to yesterday API.

Quote from Daxspreader:

Really narrow trading range for a pit opening. Looks like we have to wait for the inventory numbers before getting some direction.

 

[InvestVision]

Are you sure after yesterday's big sell off call

Quote from Visaria:

yeah, hoping for huge break out, annoys me this discount to brent!!

position trade, would be looking for 110+ so good risk/reward

 

[Visaria]

it has to break one direction or another.

 

[Visaria]

here we go, can it go on???