CL Redux

Quote from usman88:

adding to long term longs here is a very good idea.

add 1 here at 70.50 and 2 at 65.00

Just exited all my "long term" longs initiated in the March 2010 contract at the time of above quoted post today at 80.10. Sweet 700 ticks/lot :)

I hope other people followed the below chart and earned some
 
Quote from usman88:

A reversal is in order because

1)We held the long term support as shown
2)$70 was not breached convincingly
3)A retracement for the $7 drop(from $77) is in order
4)Bullish candle stick pattern as shown

apart from another bearish day after the highlighted candle it was smooth sailing towards $80
 
Quote from usman88:

Just exited all my "long term" longs initiated in the March 2010 contract at the time of above quoted post today at 80.10. Sweet 700 ticks/lot :)

I hope other people followed the below chart and earned some

you're not holding for the 86 TL?
 
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