CL Redux

Quote from chinook:

Indeed, the high frequency algos are battling between each other :)

We might hit 106.50 at some point, that'll give us the average daily range. Or 109.50, probably less likely.
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:)

ADD: Profit taking all across the board on the big runup.
 
Quote from Zr1Trader:

Heads up , Inverse head and shoulders on 1 min
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Tempted to go long but there's so much selling pressure and everything's had such a runup.

ADD: And as ammo and I pointed out the dollar is so strong.
 
Quote from BCE:

Tempted to go long but there's so much selling pressure and everything's had such a runup.

ADD: And as ammo and I pointed out the dollar is so strong.
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Yeah its hard going long after so much selling . Sometimes market rewards whats hard, sometmes market rewards whats easy as i'm sure we've all found out in our own way. :)
 
Quote from Zr1Trader:

Yeah its hard going long after so much selling . Sometimes market rewards whats hard, sometmes market rewards whats easy as i'm sure we've all found out in our own way. :)
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I'm usually pretty ballsy doing counter-trend trades, but there are days and there are days. Bounces earlier in the day can have some legs to the upside. Sometimes later selloffs lead to more selling after such a runup. V is betting more selling. :)

Easiest obviously to trade with the trend early. Missed that today. Why make it so hard?
 
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