CL Redux

[trader198]

short 76.43 sl 76.53

 

[trader198]

stopped

Quote from trader198:

short 76.43 sl 76.53

 

[mrbochin23]

Quote from Speciaul_K:

Im going to assume that the bulls will try to close above 7670

It's important for the market to keep going up to close above 76.30-76.70. Tomorrow we have inventories let see.

 

[Blubaru_555]

Quote from Blubaru_555:

out 76.49

long 76.45
stop 76.30

stop to b/e

out at 76.72, would love to wait around to see if we break the days range, but once again too chicken **** to find out

 

[Blubaru_555]

gut feeling from the sidelines told me we were going to break out!! ES broke out of its range and CL followed suit it looks like. it's so hard not to just take smaller profits.

 

[Tonkadad]

Quote from cstfx:



Also, is everyone still trading July or have you rolled over to August yet? Do you wait until last day to roll over?

As mentioned by someone (not sure who) go with whichever contract is trading the most volume. Makes sense to me.

 

[Tonkadad]

Quote from Tonkadad:

As mentioned by someone (not sure who) go with whichever contract is trading the most volume. Makes sense to me.

 

[trader198]

long 76.26 sl 76.16

 

[NoDoji]

I'm sure this has been addressed before, but I'm too lazy to search through the thread.

Does the API report come out every Tuesday and does it have any major effect on the CL market? Or do traders/hedgers tend to rely on the Wed inventory report?

Where can one find the API when it comes out?

 

[Speciaul_K]

Quote from NoDoji:

I'm sure this has been addressed before, but I'm too lazy to search through the thread.

Does the API report come out every Tuesday and does it have any major effect on the CL market? Or do traders/hedgers tend to rely on the Wed inventory report?

Where can one find the API when it comes out?

430 every tuesday is api, its used as a rough gauge. the eia is the respected report