CL Redux

Quote from riskaddict:

I read earlier that the only reason coffee was up the last two days was because all the sellers were at Carnival collecting beads.

106.70 come on baby!!!

I think it will stop @ .59, but rooting for your .70...
 
Quote from chinook:

Nicely done. That 1-min pop from .32 to .66 made it!
Thanks. :) Yeah it was a definite rocket shot. :) It just stalled for a few seconds @106.10 and on that mini pullback I was able to enter @106.05.

We'll see what we get with the EIA report tomorrow. I still think this is losing steam. If supplies are up we may get a little pullback. Plus I hear Iran and Israel are in discussions to form one sovereign nation. :p
 
Quote from BCE:

Thanks. :) Yeah it was a definite rocket shot. :) It just stalled for a few seconds @106.10 and on that mini pullback I was able to enter @106.05.

We'll see what we get with the EIA report tomorrow. I still think this is losing steam. If supplies are up we may get a little pullback. Plus I hear Iran and Israel are in discussions to form one sovereign nation. :p


I was waiting for a 0.15-0.20 pullback. Well, I missed the train this time. Although much much better than losing :)

Hmm will that sovereign nation be called "Isran" :)
 
Quote from NoDoji:

W00t!!! Daily measured move target finally hit.

ADD: RA, were you long from .90? I didn't get long till 6.26 :eek:

Let me guess, long on a break of the 2:14pm 1-minute bar? :)

I was in there too and out around 60's, made it worth hanging around through all the garbage during lunchtime!
 
Quote from ndjeff7:

Let me guess, long on a break of the 2:14pm 1-minute bar? :)

I was in there too and out around 60's, made it worth hanging around through all the garbage during lunchtime!

Yes, that's my recipe for avoiding chop (because I'm not a narrow range scalper); I often wait for a true breakout and enter on the 1-min continuation setup. This was an especially inviting setup because there was a HOD not far away itching to be tested and then the daily measured move target of 106.62.

There was really no reason not to buy 105.90 or 105.96, early 1-min and 5-min entries off the lower trend line, but I forgot to take my TWT meds today :p
 
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