CL Redux

Quote from Sarvise:

Consensus is trend is down in many instruments, but then many of them are probably oversold and people are afraid of sharp rebounds, so...

Gotcha. It was a fun close in the indexes today.

Hit crude hard tomorrow.
 
Quote from mrbochin23:

Do you guys see 73?.........if the API report is bullish at 4:30?............

Not really, API doesn't really move the market that much and the consensus is already a -1.4 draw, so unless it's an outlandish report we're unlikely to see 73 before the close (Asian session - who knows?).

Now we'll hit 74 :D
 
Quote from Sarvise:

Not really, API doesn't really move the market that much and the consensus is already a -1.4 draw, so unless it's an outlandish report we're unlikely to see 73 before the close (Asian session - who knows?).

Now we'll hit 74 :D

Thanks.
If the report comes really Bullish tomorrow, and Euro does not act funny, its a high chance that tomorrow we will close for the first time in quiet some time above the 200 EMA.
 
Quote from tomahawk:

By request, CL chart for NoDoji (to compare data).

Thanks, t. I posted ES chart in ES journal for you.

ADD: There are definitely some differences, but not enough to change entry signals IMHO.
 
Quote from cstfx:

sld 1 7225 stop moved to b/e - flat at close no matter what
closed other half at 7215. OK day but left alot on the table in my first trade earlier
 
Quote from NoDoji:

Thanks, t. I posted ES chart in ES journal for you.

ADD: There are definitely some differences, but not enough to change entry signals IMHO.

yw, and thanks for the ES chart.

No reason you should change anything if it's working!
 
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