CL Redux

Picaso · Apr 27, 2011

Quote from NoDoji:

For those who like S/R plays, notice how 112.87 held on the dip, previous R was 112.86 from the 12:40am ET bar high

Can we get a .73???

It has to break .48 first

NoDoji · Apr 27, 2011

Quote from BCE:

Out at 113.25. Now it goes to 114.

Ha ha! I took mine off @ .22, and thought the same thing...

ADD: I'm afraid to short it and I'm now suffering from "too high to buy" disease

DonCorleone · Apr 27, 2011

Quote from NoDoji:

For those who like S/R plays, notice how 112.87 held on the dip, previous R was 112.86 from the 12:40am ET bar high

Can we get a .73???

be careful what you wish for. $5/gallon coming to a station near you.

NoDoji · Apr 27, 2011

Quote from DonCorleone:

be careful what you wish for. $5/gallon coming to a station near you.

It's OK, I can afford it, I'm one of those over-caffeinated speculators driving up the price of oil, you know?

BCE · Apr 27, 2011

Quote from NoDoji:

Ha ha! I took mine off @ .22, and thought the same thing...

ADD: I'm afraid to short it and I'm now suffering from "too high to buy" disease

Actually I tried .25 again but got right out @ b/e.

I'm afraid to short too.

This will be buy the dip but where?

NoDoji · Apr 27, 2011

Where's bigsnack, this was an ideal triangle play for him!

NoDoji · Apr 27, 2011

Quote from BCE:

Actually I tried .25 again but got right out @ b/e. I'm afraid to short too. This will be buy the dip but where?

I usually don't like to trade this closing half hour, the actions gets too volatile half the time and I can't figure out why price is doing what it's doing. 112.76 is the 5-min 20 EMA, that seems to be a sure thing half the time - lol

P.S. Don't you love us committed traders...half the time?

Hey, that's what stops are for!

dsave · Apr 27, 2011

Quote from NoDoji:

Where's bigsnack, this was an ideal triangle play for him!

Which one? I noticed a few good triangles earlier, 8:30 and 9:30 EST.

Edit: And they had those volume spikes he looks for.

pauk · Apr 27, 2011

long 113.00
stop ay 112.20

BCE · Apr 27, 2011

Quote from NoDoji:

I usually don't like to trade this closing half hour, the actions gets too volatile half the time and I can't figure out why price is doing what it's doing. 112.76 is the 5-min 20 EMA, that seems to be a sure thing half the time - lol

P.S. Don't you love us committed traders...half the time?

Hey, that's what stops are for!

Yeah I tried .05 and stopped out at .99. If it wasn't closing so soon they'd wait for BB's comments.