CL Redux

Quote from mfbreakout:

Has the bottom put in yet for the day around 85.50?

I try not to think and trade in those terms. Even tough it is hard and it's always on my mind.

2 days ago, when CL was making new highs, traders kept saying it can not go higher ( some of my friends who trade cl and are not on this forum).

Now, question on their and my mind is , is this the bottom? All, I know, i am shorting at 86.40 area and long above that. Will try long if a rapid flush comes down to 85, 84 and 83 type of levels . It will be a counter trend and i will try to book profits quickly.

I am one individual trader trying to just ride the coattails of BIG MONEY who decides which is top and which is bottom.

I hope it helps.
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long 86.38 . as 86.45 resistance was taken out.
 
Quote from DonCorleone:

will be in buy-the-dip mode from here on out. this is about to get in the rocket launch mode if a bigger inverted hns is developed.
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DC , it will help me if you can post a chart.

Thx.
 
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