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CL Redux
- Thread starter schizo
- Start date
Quote from trader198:
this kind of ride is too risky. I am playing sucker's game, 20cents 30 cents gain is good for me. did you read the inventory data, last week -0.9, this time -1.8, not good
I follow the signals that I get and base the move on daily range history. Inventories are not determining crude price for a few weeks now - price of EURO appears to be the key factor(others too, but this appears to be key) in its direction
good and a little bit long-term short signal is at 73.6. after my short out, I flipped long at 74, just out at 74.81. will hit 75 today
Quote from cstfx:
I follow the signals that I get and base the move on daily range history. Inventories are not determining crude price for a few weeks now - price of EURO appears to be the key factor(others too, but this appears to be key) in its direction
there was a tl at 74.46 and we are sort of peeking over it,those lines are left on there for wild moves when you dont have time to redraw them, they are bounce points for spikes up or down, ........ also eur usd there's a tl at 2090, trans around 42oo,oex 490,they are all lining up for a nice short where they all hit resistance at once,not exactly but it's nice to have res confiirmation in several indexes at onceQuote from trader198:
ammo, your chart is too messy, I do not where it will go finally. in a little bit long time, definitely it will go there. bought some at 74.63 sl 74.5