out flat 81.84
CL Redux
- Thread starter schizo
- Start date
out flat 81.84
damn. dxy pulled back and cl jumped 30 ticks. 81.60 seems to be where buyers are - micro
scalping thats all one can do, unless hold like DC does for an hour or so.
long 81.72 out some 81.92. stop loss 81.59.
not a good risk/reward
out flat 81.94
Quote from DonCorleone:
g'morning all.
i'll be going long around 80.15.
hammering away at my machine. need to recalibrate. off by 10 ticks!
LIS for micro bulls 81.14 area.
LIS= Line in the sand
Amazing 81.60 micro bulls level. back and forth till bears won.
However, there were some nice ticks between 81.70 to 82.20.
This kind of level does not show up on charts. It's a level for the pleasure of day traders if they choose to trade.
I personally prefer this kind of set up - put stop loss in and keep cranking till level is broken.
risk of 10-15 ticks till luck runs out and make 50-90 ticks. If lucky stars come in, 82.40 breaks and have some more nice ticks.