CL Redux

Quote from mrbochin23:

I was thinking more at 79.00, but yes I see your point.

We may still go to 79.50 on inertia alone - or break slightly below 78.00 on a run of "it can't go there"-stops - but I think we are going to end up near the highs, regardless of what the ES does.

I don't think there are many position traders that want to stay short overnight with a hammer-and-anvil storm combo

Edit: That lunch-time retracement to 78.50 is looking so good in hindsight :D

Edit 2: Good luck cstfx - have to admire your patience
 
Quote from EON Kid:

Shhh, don't give away the plays :D

how about selling close to 7896 ???

I've had my finger on the red "ASK" button for the last few minutes, but I opened a sim trade in the euro to gauge its movement and it's (and ES) still in the green...

Wait, wait...!!! :D
 
Quote from Blubaru_555:

small short 78.75, stop 79.00. we've failed to penetrate so many times, i hope we head down in the close

There's a gutsy man! :)

Not to tell you where to place your stops or anything (I know, I'm such a dick), but that 79.00 stop could get real expensive if we break hard.

Then again I'm in the red today, so WTF would I know?
 
Quote from Blubaru_555:

small short 78.75, stop 79.00. we've failed to penetrate so many times, i hope we head down in the close


I think sideways to most likely up into the close
 
Quote from Picaso:

Anyone going long at 78.96? :p

DO NOT, I repeat DO NOT go long at 78.96!!! I played yesterday's breakout through the LOD via a stop order AT the LOD and was rewarded with 8 ticks slippage!

Get in early or via limit order only.
 
Quote from EON Kid:

I think sideways to most likely up into the close

Tomorrow could be a interesting day with that storm for the weekend, not that many seller will leave position opens.
 
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