CL Redux

Quote from JoshDance:


That's how I feel when I am getting MY butt kicked and read BCE's posts :D
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Just saw this. :D We've all been there. Fortunately we can learn from other traders and get better. :) And learn from ourselves. We're working on it.

Does anyone know where I can acquire some NZT from the movie "Limitless"? :p :D :p http://www.youtube.com/watch?v=Ne8YmpVVH4Q

BTW you had some really nice trades today JD that I didn't get a chance to acknowledge. I was too distracted today and on too many breaks. I told NoDoji, I've been doing so well lately even being distracted that I guess I let it go to my head. :) Don't taunt the Trading Gods. :)
 
I really dislike trying to trade this slow, crawling down stuff, even if it is directionally clear. I'm much better trading a range than breakdown, buy back, breakdown, buy back, etc. I know the direction is down, but timing the trade becomes quite hard for me, as I'm typically a breakout trader and breakouts just don't work that well here.
 
10:30am DOE Crude Inventories est. -2000K range -4000K to 1300K prior -3727K

DOE Distillate Inventory est. 1625K range 500K to 3000K prior 3432K

DOE Gas Inventories est. 400K range -1000K to 2000K prior 757K

DOE Refinery Utilization est. -0.3% range -0.80% to 0.80% prior 2.30%



2:00pm Fed’s Beige Book
 
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