CL Redux

Quote from NoDoji:

What is the relationship between the API and the Wed inventory numbers?
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Crudely put (no pun intended), EIA is official and API is not, so I'm told. Lately, I've been noticing that whenever the market would go down following the API number it would inevitably shoot up after the EIA release, and vice versa. They make no sense whatsoever. To me, they're just one more garbage news not worth following. Just stay on the side line when they get released and trade as usual afterwards.
 
Quote from schizo:

I dunno. Not that I want to crash the party, but I ain't so optimistic. This noob thinks the uptrend has come to its full maturity and upside potential from here is limited. We shall see.
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It looks like the day of reckoning is coming a bit earlier than I thought. Why are we tanking already? Geez, it's usually deadly quiet at this time of the night.
 
the asian market is active when here is night dormant.

it is too hot tonight, I got up and go to batheroom, saw there are some opportunity for me.

Quote from schizo:

It looks like the day of reckoning is coming a bit earlier than I thought. Why are we tanking already? Geez, it's usually deadly quiet at this time of the night.
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closed my long position last night at a loss...if we get any sort of bad econ news this morning it feels like we could see a big drop today.

i would really like to get long near 82. that would be good stuff.
 
out at 84.775

get to take care of my son for breakfast and school.

will do it late.


Quote from trader198:

l qm 84.6 sl 84.5
realized the exhaustion bar is there, tried it again.
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Quote from schizo:

It's been my experience with IB that it prefers to switch over on Fridays. What's worse, they automatically close out your trade at around noon. I once ran out to grab espresso only to find out later my trade was liquidated. So now I flip over to the forward month on Friday prior to the exp.
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That’s prolly because the last trading day fell on Monday the last two months so they prolly switch over the day before, which fell on Friday. That is not always the case. (unless IB always do it on Fridays???)

Last Trading Day: Trading terminates at the close of business on the third business day prior to the 25th calendar day of the month preceding the delivery month. If the 25th calendar day of the month is a non-business day, trading shall cease on the third business day prior to the last business day preceding the 25th calendar day.
 
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