CL Redux

Quote from BCE:

L 103.71

Close 103.91

Ooooops! On it's way to 106 :)

Just scalping. :)

ADD Hey I only left 30 ticks on the table. :p

Are we having fun today? :D
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!!!

Initial target is HOD, it's a magnet!

Gotta love this trend!
 
Aren't you supposed to sell and close your position just as it breaks out? No? I'll be filling up your new thread ND. :D
 
Quote from BCE:

Aren't you supposed to sell and close your position just as it breaks out? No? I'll be filling up your new thread ND. :D
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BCE, there is no overhead resistance. I repeat, no overhead resistance! Your target after it broke that HOD is $147 :p :p
 
Quote from NoDoji:

BCE, there is no overhead resistance. I repeat, no overhead resistance! Your target after it broke that HOD is $147 :p :p
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I forgot. Tee Hee :p

General market doesn't like the oil spike.

ADD Someone took a profit on that spike just now.
 
I had volume-weighted average price at 103.31 (approximate calc).

Quote from NoDoji:

Explanation, please:

I was short .56 and price fell off my DOM, then I moved to lock in 20 ticks, expecting momentum through the previous pivot low and price flew back up and slipped me 12 ticks :(

Why did price fly back up like that???

I have a need to know :eek:
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NoDoji, that snap back up from 103.30 may have been from traders like me that follow 50 sma on 5 minute chart. I was patiently waiting for a quick drop for awhile to go long.
 
Quote from BCE:

Absolutely! That NoDoji is one brilliant trader. :D

Fun day. :D
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I'd take a bow if I'd actually bought that last dip. I'm now suffering from "too high to buy" disease :eek:
 
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