out .60
CL Redux
- Thread starter schizo
- Start date
long .40 stop : .15
out at .50. enough for big gulp.
out .55
long .40 .1 st
some after that fact analysis:
some time I feel , with so much focus on TA and Price action we are NOT paying even little attention what is happening in the markets BIG picture level
Today all these 3 major news/events in the markets are Negative for OIL and CL gave enough time to digest things .
CL was holding 101.30 line till 9:45 AM ET , one hour after the all 3 negative reports.
CL gave enough time to see downside pressure today before sell off started at 9:45 am for SOMEBODY who follows these market events at DETAIL level with ADVANACE homework on these.
- going forward we may need to focus little more on market Events, I am pointing the Bloomberg economic calender links below( many of you know already ).
- I am NOT saying one can take advantage of these just by looking at those numbers when released, it needs lots of study for long time to understand them well and Reading same HISTORICAL events in the past . Here is one source that can help
http://www.bespokepremium.com/membe...oke-summary-of-economic-indicators-111710.pdf
1/ EUR ECB President Trichet Speaks: 5:20am
2/ GDP report: 8:30 AM ET
3/ Jobless Claims : 8:30 AM ET
-----------
Economic Calendar : Market Moving Indicators
<< very good detailed definitions on the first section of important Market Moving Indicators and there is detailed explanation if you click on those events.
>>
ADP Employment Report
Housing Starts
....
..
http://www.bloomberg.com/markets/economic-calendar/
-----
some time I feel , with so much focus on TA and Price action we are NOT paying even little attention what is happening in the markets BIG picture level
Today all these 3 major news/events in the markets are Negative for OIL and CL gave enough time to digest things .
CL was holding 101.30 line till 9:45 AM ET , one hour after the all 3 negative reports.
CL gave enough time to see downside pressure today before sell off started at 9:45 am for SOMEBODY who follows these market events at DETAIL level with ADVANACE homework on these.
- going forward we may need to focus little more on market Events, I am pointing the Bloomberg economic calender links below( many of you know already ).
- I am NOT saying one can take advantage of these just by looking at those numbers when released, it needs lots of study for long time to understand them well and Reading same HISTORICAL events in the past . Here is one source that can help
http://www.bespokepremium.com/membe...oke-summary-of-economic-indicators-111710.pdf
1/ EUR ECB President Trichet Speaks: 5:20am
2/ GDP report: 8:30 AM ET
3/ Jobless Claims : 8:30 AM ET
-----------
Economic Calendar : Market Moving Indicators
<< very good detailed definitions on the first section of important Market Moving Indicators and there is detailed explanation if you click on those events.
>>
ADP Employment Report
Housing Starts
....
..
http://www.bloomberg.com/markets/economic-calendar/
-----
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They force us to stretch ourselves and our comfort zones which means we won't feel totally comfortable at first. And when we don't feel comfortable, we don't feel ready."
- Richard Branson