CL Redux

Quote from EON Kid:

why was 84 your target?

Hi Kid, it was the previous congestion zone. Round number was just a coincidence. Edit: my thinking was that oil would hold (i.e. not collapse) but that it would correct (some more) before another push up.

These +200 USD open trades turning into -00's add up :( (not now, but I'm having a dejá vu...)
 
Quote from Picaso:

Hi Kid, it was the previous congestion zone. Round number was just a coincidence. Edit: my thinking was that oil would hold (i.e. not collapse) but that it would correct (some more) before another push up.

These +200 USD open trades turning into -00's add up :( (not now, but I'm having a dejá vu...)

without getting to bogged down in detail, the picture was more bullish at that stage, above VWAP, 50%, Globex low, 10:10 congestion zone.

Joining the 12:10 at 12:29 TL & adding the parallel channel I would have targeted that for an exit (12:37) especially when price got there on declining volume, a nice bull flag
 
Quote from DonCorleone:

edit2: JD took a peek inside the BCDE and indeed reverse engineered a portion of it. my security team notified.

Ah yes, everything going exactly as planned... phase 1 complete....
:D
 
Quote from Visaria:

C'mon guys, wakey, wakey!!! Where is everyone?

I just got short .91, looking for .35, stop is .06 but feels like the move up may not be done and I may get slammed. Will see how it goes on open in 4 mins.
 
Just in case someone didn't have his morning coffee:

Reuters/Michigan at 5 minutes to the hour

AND

Bernanke's speech at o'clock

Good luck/skill to everyone.
 
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