CL Redux

Quote from ammo:

cl likely to fill the cleavage and hit that nip
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Good call Ammo & JD
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GM :)

Well got here a bit late and shorted @.57 but didn't take the $200 I was up and got stopped @ b/e. I thought this would tank and it may tank even worse in a bit. Stay tuned.
 
This is very volatile right now. After a couple of small losses, about 7 ticks each, I just got a nice short here from .53 down to .38, and a long from .60 to .72 just now--It is quite back and forth so I'm taking what I can get.
 
Quote from JoshDance:

This is very volatile right now. After a couple of small losses, about 7 ticks each, I just got a nice short here from .53 down to .38, and a long from .60 to .72 just now--It is quite back and forth so I'm taking what I can get.
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Good 4U. That's what I didn't do even though I always tell everyone to do it. :)

That was a good point you made about 95 earlier which I just saw, but all the news, economic data, etc. is really bad so we'll see.

BTW S3 on my charts is 95.01.
 
Quote from BCE:

Here's a 30 min DX. Getting wacked which may help CL.
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Yes, the relationship of oil to news is quite interesting. Bad economic news for US == bad for US economy, which is heavily reliant on oil, which means oil prices drop. At the same time, bad economic news for US == bad for US dollar vs. major currencies such as euro and gbp, and as oil is dollar-based, oil prices go up. Not a straightforward situation by any means.
 
Quote from JoshDance:

Yes, the relationship of oil to news is quite interesting. Bad economic news for US == bad for US economy, which is heavily reliant on oil, which means oil prices drop. At the same time, bad economic news for US == bad for US dollar vs. major currencies such as euro and gbp, and as oil is dollar-based, oil prices go up. Not a straightforward situation by any means.
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Because of this and because of the selloff already I'm trading TF right now and was short @.78 and was up $160 or so but just was stopped out b/e. Like you say it's very choppy right now and we'll see which tack it takes here shortly I think.
 
Quote from BCE:

Like you say it's very choppy right now and we'll see which tack it takes here shortly I think.
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I just took a .54 short and out for -2. We really do not know what we want to do right now. Well, I know I want to short now, but everyone else is not so sure :D
 
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