CL Redux
- Thread starter schizo
- Start date
higher lows so far. all we need is a solid break above 112.
good clinic today, sir. learned a lot.
for close below 111.85 anybody ?
good estimate Mr. P
is it based on that spike volume around 112.15 on your chart ?
what is happening on that spike volume around 112.15
a) shorts are covering based on tomorrow friday ?
b) there can not be NEW LONG buys at this level , given CL is available at lower prices for most of the day .
Bit explanation from Mr. P and other appreciated ..
is it based on that spike volume around 112.15 on your chart ?
what is happening on that spike volume around 112.15
a) shorts are covering based on tomorrow friday ?
b) there can not be NEW LONG buys at this level , given CL is available at lower prices for most of the day .
Bit explanation from Mr. P and other appreciated ..
Thanks, IV, but estimates/calls are a dime a dozen, it was just a bit of luck.
That said, though, in the volume-at-price / market profile you can usually see whether prices are being accepted/rejected...
... so in this case, it seemed that traders were happy to transact heavily at that price, which makes it harder to deviate much from the "nipple" - you should probably ask Ammo, though, he's the expert on everything related to nipples, cleavage and the like
Have a great weekend everyone and congrats to those who made money today or this week.
can you point us to your real time posts for SHORT from 111.80 level as you mentioned?
please read rules at the start of this thread on commenting.
you know now why averaging was done and where the CL ended EOD ...
please read rules at the start of this thread on commenting.
you know now why averaging was done and where the CL ended EOD ...