CL Redux

[cstfx]

short avg 7445 st .5

 

[mrbochin23]

Quote from Picaso:

I saw distribution at .40, but if the ES and EUR keep going up they're going to pull the CL with them

I agree, I am waiting fro the 30 min bar to close above 74.40, it might be too late for a long entry point for me, but that will confirm my bullish signal.

My strategy is if close the 30 min bar above 74.40, in the next I try to buy at 74.40.

 

[frank8800]

Short 74.39 .15 stop

 

[mrbochin23]

Quote from cstfx:

short avg 7445 st .5

Long at 74.40. Target 74.80. stop 74.25

 

[mrbochin23]

Quote from mrbochin23:

Long at 74.40. Target 74.80. stop 74.25

Out at 74.25, -0.15

 

[cstfx]

currencies and equities going weak into the London close - added to short @ 7415, avg now 7430

don't forget - FED minutes today @ 2 pm EDT

 

[Picaso]

Quote from cstfx:

currencies and equities going weak into the London close - added to short @ 7415, avg now 7430

don't forget - FED minutes today @ 2 pm EDT

Good luck/skill with your trade

Regarding the minutes, we're heading into the lunch doldrums so I see (ok, Jesse tells me) chop-chop until then.

Regarding London's close, remember today is [Edit: forex] options expiration day, so expect some fixing/pinning rather than a forceful move.

 

[cstfx]

Quote from cstfx:

currencies and equities going weak into the London close - added to short @ 7415, avg now 7430

don't forget - FED minutes today @ 2 pm EDT

out 1/2 @ 7380 st moved to 7420

 

[Picaso]

Quote from cstfx:

out 1/2 @ 7380 st moved to 7420

Nice trade

They just updated the hurricane advisory: Fiona won't even make landfall in the East coast

 

[cstfx]

Quote from cstfx:

out 1/2 @ 7380 st moved to 7420

stop moved 7380