CL Redux

Quote from Speciaul_K:

You have to remember that the market factored in the api#'s last night 7470 is support now. If broken will probably close flat on the day
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I agree with it already have price in the API #'s in the 75+, now for the record, we still holding 75.00, ad we are getting in again into the Opening of the first hour 75.30, may an upside here.
 
Quote from mrbochin23:

Yes, IMHO, but today I don't have the guts to do it.
I already made a small profit, today, and rather keep it that way.
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Im seeing the indexes as a sell and oil as a buy. So I think im going to sideline the rest of the day.
Did short oil before inventory and covered for .60profit
 
Guys, I usually trade with Openning Range, for the first half hour and first hour.
I hope this is not unethical, but I would like to know when you trade Resistance and support breakout how many ticks above or under respectively you consider breakout for an entry position.

Thanks.
 
Quote from mrbochin23:

Guys, I usually trade with Openning Range, for the first half hour and first hour.
I hope this is not unethical, but I would like to know when you trade Resistance and support breakout how many ticks above or under respectively you consider breakout for an entry position.

Thanks.
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I very seldom trade breakouts, I prefer to defend (stop .20)

If/when I trade breakouts I enter *before* the breakout with a very tight stop.

Edit: Oh, and you are sooo unethical I don't know where to start :D
 
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