CL Redux

[dax3k]

WOW this is getting bloody literally

 

[DonCorleone]

g'morning all.

i'll be going long around 80.15.

 

[mfbreakout]

Quote from DonCorleone:

g'morning all.

i'll be going long around 80.15.

gm dc.


long 80.32 out 80.78. will get whatever can get kind of day

 

[JoshDance]

will short 81.14

 

[mfbreakout]

Quote from mfbreakout:

gm dc.


long 80.32 out 80.78. will get whatever can get kind of day

80.25 to 81.20 is more than short covering. will see. 81.90 is micro resistance

 

[JoshDance]

Quote from JoshDance:

will short 81.14

Filled and stopped immediately for -10, slippage terrible on that one

 

[Picaso]

Quote from JoshDance:

Filled and stopped immediately for -10, slippage terrible on that one

But well read.

Probably a 5% day demands a bit wider stops. Edit and/or some prudent cutting down in size.

 

[mfbreakout]

Quote from mfbreakout:

80.25 to 81.20 is more than short covering. will see. 81.90 is micro resistance

Good old US $ strength took out air out of commodities and market across the board. GC down another $67 and so on.

Risk On Vs Risk Off.

 

[mfbreakout]

Quote from mfbreakout:

Good old US $ strength took out air out of commodities and market across the board. GC down another $67 and so on.

Risk On Vs Risk Off.

It's tough for hedge funds, pension funds etc.. to deploy capital based on fib numbers, Volume profile etc...

But whatever methods one use, they do provide plenty of levels to trade.

 

[mfbreakout]

Quote from mfbreakout:

It's tough for hedge funds, pension funds etc.. to deploy capital based on fib numbers, Volume profile etc...

But whatever methods one use, they do provide plenty of levels to trade.

Looks like 80.25 bottom for today, if 81.90 gets cleared.