CL Redux

Ha! They went for the stops - took em good - and then, 5 min later the euro fut below 1.333 with the market folowing like a lamb So they tried to halt the slide by selling march dx at market....


So entertaining :-)
 
Quote from NasiWarrior:

Did they go for the stops on the upside also?

Got some action today folks!
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That was more than stops, good lord price flew off my DOM!
 
It appears that CL is in a tight channel right now... at the break of the upper or lower range seems like a good point to jump in for a trend breakout...

For RTM scalps while awaiting the breakout, I may enter when it bounces off the channel support...

Walt
 
Quote from jones247:

It appears that CL is in a tight channel right now... at the break of the upper or lower range seems like a good point to jump in for a trend breakout...

For RTM scalps while awaiting the breakout, I may enter when it bounces off the channel support...

Walt
More...

Standard pre-inventory price action. The problem with bracketing the range is the slippage and whippage could be bad on the report.
 
I used to wonder if I needed medication to trade... I no longer have that lingering question...

I totally missed the breakout move!!!!!

Why, because I was fiddling around with the scalp... I closed my long entry for a small loss, with the intent to enter my bracket orders (which would have suffered significant slippage anyway); however, while setting up my bracket orders, the market left me behind...

So, here I am "sitting on the dock of the bay watching the tide [of my trade] roll away" :(
 
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