CL Redux

[DonCorleone]

Quote from DonCorleone:

out @87.80. phew. tough mother.

i'm so out of sync today. hope the rest of you are doing better.

 

[DonCorleone]

long@87.70

 

[DonCorleone]

Quote from DonCorleone:

long@87.70

stopped out flat again. man. my broker better send me a bottle of wine.

 

[Visaria]

It's broken the trading range for some reason....

 

[DonCorleone]

possible wolfe wave here. buy the dip.

 

[Visaria]

wolfe wave? is that something to do with the ACD method?

 

[DonCorleone]

Quote from Visaria:

wolfe wave? is that something to do with the ACD method?

no. here's a link: http://forex-indicators.net/cycle-indicators/wolfe-waves

 

[riskaddict]

I'm thinking if we get a bounce to between .30 and .50 it should be very shortable (shortable isn't a word?) but above .60 is a long Projecting out on a daily 86.75 is now in play with that base of that flag.

 

[Visaria]

Quote from DonCorleone:

no. here's a link: http://forex-indicators.net/cycle-indicators/wolfe-waves

Interesting...

 

[DonCorleone]

Quote from riskaddict:

I'm thinking if we get a bounce to between .30 and .50 it should be very shortable (shortable isn't a word?) but above .60 is a long Projecting out on a daily 86.75 is now in play with that base of that flag.

excellent read. yessir. i am on the same page.