CL Redux

Quote from oraclewizard77:

1)Also, I have to say my CL charts are still pretty messed up using Ninja Trader with Zen Fire with Mirus Live unless we really are getting strange 70 tick spike up and spike down on CL right after I wake up and want to trade it.

2) What's also strange on TV, the price of oil is around 74.60 so my charts seem to have no basis to what TV shows, however, I still got a winning trade on this scalp on strange prices.

1) If it's hard for you to get up a bit earlier, leave the computer on at night (just switch off the screen).

2) 74.60-ish is the October contract; many people will not roll to November until tomorrow.
 
Quote from startraitor:

By blow up I meant UP!

Hence I'm keeping the bullhorn for myself. But back to my original question. What's the rationale for your bullish call?

Perhaps you see something that I don't. As for me, I see nothing (especially on the daily) to suggest that this EXTENDED rally is sustainable.
 
I was getting up early last week, and had 3 losing days in a row. So I thought what has changed with my strategy that is causing this problem? I then thought I am trading during lunch hour. So I decided since I can't catch the opening bell, I will just sleep through lunch. This week including Sunday, I have not had a losing day which is why I am taking off Friday since I don't want a losing day right before the weekend.

Quote from Picaso:

1) If it's hard for you to get up a bit earlier, leave the computer on at night (just switch off the screen).

2) 74.60-ish is the October contract; many people will not roll to November until tomorrow.
 
Its Thursday, I also predict a rally higher, long with sim trades now in ES and CL since I am done real trading.

Quote from schizo:

Hence I'm keeping the bullhorn for myself. But back to my original question. What's the rationale for your bullish call?

Perhaps you see something that I don't. As for me, I see nothing (especially on the daily) to suggest that this EXTENDED rally is sustainable.
 
Quote from oraclewizard77:

I was getting up early last week, and had 3 losing days in a row. So I thought what has changed with my strategy that is causing this problem? I then thought I am trading during lunch hour. So I decided since I can't catch the opening bell, I will just sleep through lunch. This week including Sunday, I have not had a losing day which is why I am taking off Friday since I don't want a losing day right before the weekend.

Fine, not judging or anything (I'd noticed your PST), just think about having everything up and running for the time you get up.
 
Quote from schizo:

Perhaps you see something that I don't. As for me, I see nothing (especially on the daily) to suggest that this EXTENDED rally is sustainable.

That ascending triangle from last week worked for $2 to the upside but now that bottom trend line is being tested. Why does this crap always happen around expiration? I don't make predictions but I predict we see 71 before we see 78 again. Three big red daily bars usually means two or three more big red daily bars. Plus I'm net long now so it's gotta tank. I think I'm gonna get long some volatility with a neutral delta and use 78 as a lid. Until then I'll live of my short coffee winning :D Have a great weekend everyone!
 
Quote from startraitor:

es is going to try to break June highs on z contract.

My hats off to ya, bro. Never thought this would actually happen. Since it broke the high in the AH, I still need to see where we trade in RTH tomorrow.

So what's your target. provided we cruise higher from here?
 
Back
Top