CL Redux

Quote from Picaso:

Hi Kid.

It's not that I have a long bias, just that maybe I have an unconscious long bias and that's why I'm seeing buyers here.

Surprise bullish report leaked?

Edit: see? it's not breaking clearly :confused:

Your take, Sir?
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I've also been carrying a long bias so no need to stop now :D

The read b4 #'s is always more difficult, they'll F@&k you both ways.
 
Quote from Speciaul_K:

I would not swing long or short from here. So far it has been making a lower low everyday and a lower high. Look at a weekly chart if your trying to go long and take a swing position based on that. If I were looking for a swing long tommorow I would try to get in at 7890 area. You also might want to hedge a swing long with puts or just go long outright calls. Cheaper if your wrong.
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good call SK
 
Quote from Picaso:

What do you think of that LOD, NoDoji?

Maybe I have a long bias, but I'm seeing buyers
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That LOD is an expected support area based on my 1-hour weekly chart. I'm waiting for inventories now before trading. Had a couple early pre market trades, both b/e, though one came a couple ticks from target.
 
Other days my problem is being gun-shy (à la scared little girl :D ), but today I just don't see it. CL seems bouncy, but with the euro and the equities being hammered...

This feels like wearing sunglasses in the fog

Good luck everyone with the numbers
 
Quote from riskaddict:

Long 1 QM 78.40
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I wish I could have the nerves that you guys have. To take long position in LOD and Sell on HOD I am stuck in trading breakouts, can't change my mentality. I am waiting for breakout in the upside at 79.10. (Breakout range of the first 10 min after the Energy report).
 
Quote from mrbochin23:

I wish I could have the nerves that you guys have. To take long position in LOD and Sell on HOD I am stuck in trading breakouts, can't change my mentality. I am waiting for breakout in the upside at 79.10. (Breakout range of the first 10 min after the Energy report).
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Mr. Bochin, I'm not sure today is the best day to play breakouts. :confused: Unless we have some massive move out of the blue, of course :D

Today may look easy to trade on a 60' chart: short-and-forget, but this is being some nasty meat grinder.
 
Quote from cstfx:

TP entered at 7850. Got to focus somewhere else for a bit so I will take what I can get.

G/L all.
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Trade closed 7850. I am looking for a bounce here to reshort this or if it breaks 7800
 
Quote from cstfx:

Trade closed 7850. I am looking for a bounce here to reshort this or if it breaks 7800
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WTG cstfx :cool:


ES daily is looking nasty, and so is CL depending on the close
 
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