Yeah, I tried trading even larger size this morning and I guess I picked the wrong morning as it's been so choppy. Didn't feel like the right morning to do the high of the morning or low of the morning trade. So I've just been scalping. Small losses + small gains = $0. Oh, well. I know riskaddict trades QM to minimize the risk and maybe try a few things and see how it goes.
CL Redux
- Thread starter schizo
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Quote from BCE:
Me too.Just a lot of in and out for peanuts. Earlier it seemed like it wanted to make a run up through 100 but obviously there's a lot of resistance @99.95 to 100. And then just now you could see it weakening. Oh, well. Should have stayed in bed.
Log in BCE, if we talk about nothing for a while, we'll be sure to miss several great setups
I did catch a piece of that drop, they snapped up .33 like pigs on slopThe oil retards just wouldn't sell this morning. I don't know what they are looking at. They seemed to have placed their fingers on buy botton, price jumped up for no reason. Well, some reasons, but I don't know what.
Quote from NoDoji:
All I can figure is price is at the upper channel line on the daily chart and none of the big players wants to be the idiot to buy the first breakout and get squashed like a bug
Some of the big players probably were shaken out at the 9:30CT drop. They were so stubborn before that. I think they bet on 100-101 today.
Quote from NoDoji:
What a head fake that was. Breaks the symm triangle "with conviction" and bounced back so fast I barely scalped out a profit
If I have to choose, I think more bulls are on the wrong side right now after getting in at around 100. We may see an end-of-day sell off.