CL Redux

Side point. Was anyone tracking some statistics that came out of China last evening - I think imports or exports that came in way below expected? Could also be some of the reason for the sell off since the emerging markets are tied closely with oil. If you were a large speculator and emerging market bullishness just got dashed wouldn't you take profits temporarily?

I just checked oil prices. Had logged off 45 minutes to do something. Are you freakin kidding me? This thing has about reversed.... LOL
 
Quote from EON Kid:

I doesn't look long, but I'm suspicious of this down trend :p


here's a crazy prediction, today will be the doji

candleAbandonedBaby.gif
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It was in the charts, just ask IV :)
 
Quote from InvestVision:

Buying at 100.90 is having Bias. , yes this 103.80 sell is luck. :D
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Buying 100.90 was actually a strong counter-trend entry. Holding for 103.80 is patience.

I took a little range scalp once price finally closed above the 20-EMA earlier, had a bite to eat after that, then bracketed 101.32 and 101.65. No bias, pure price action.

ADD: I was a little peeved I got slipped 3 ticks on the entry :p
 
Quote from NoDoji:

then bracketed 101.32 and 101.65. No bias, pure price action.

ADD: I was a little peeved I got slipped 3 ticks on the entry :p
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thats a nice setup :cool:
 
Quote from EON Kid:

thats a nice setup :cool:
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I try to do those range brackets after the range has been in play for a while. Last time I failed to bracket a range, I missed a huge move. When they break they just break too fast and you're not sure if it's safe to chase.
 
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