CL Redux

[riskaddict]

96.45 Sure would paint a pretty picture then a bounce to 100 and the range between 101 and 98 for a week.

 

[ammo]

Quote from ammo:

long 98.27 ,target 99.27,stop below 97.75

add 98.03 offer 98 60 ,same stop stop moved to 98.25

 

[riskaddict]

93.50 would be nice to!

 

[riskaddict]

look at the May 95 Puts! 11,568!

When you look at that and the volume of the 90 puts( 5651) someone could be selling a strangle with a sweet stop right in the 92.50-93.50 area.

 

[EON Kid]

Quote from EON Kid:

a lot is going down in Europe

David Hale is an economic adviser to banks world-wide and joins Lateline to discuss the apparent failure of austerity measures to save Europe.

http://www.abc.net.au/lateline/content/2012/s3490890.htm

But my comment was in reference to the TA of the charts

Greek main parties 'suffer big losses' at polls

http://www.bbc.co.uk/news/world-europe-17975370

 

[Zr1Trader]

Quote from startraitor:

Short 102.87, stop 105, target 95-

Looking to go out 4 months to test 75-.

its a shame you were a tad early on this but it happens to the best of us, still eyeing 75?

Possible reshort plans?

If you don't want to disclose , thats fine too.

 

[EON Kid]

GM


possible we print the LOD 96 - 9650 in the 1st hour, if confirmed should be up from there

 

[Laissez Faire]

Why 96-96,50?

Managed to grab a nice piece of this drop on my first day of live day trading crude oil.

May have to take the rest of the day off to ensure that my first day is nice and green.

 

[EON Kid]

Quote from Laissez Faire:

Why 96-96,50?

cuz that wud be real cheap oil

 

[Laissez Faire]

Quote from EON Kid:

cuz that wud be real cheap oil

Now, I`m enlightened.

I`m pretty good at spotting levels and potential reversals on ES, but I`m fairly clueless with crude. I typically only look at the swings.

Do you guys watch equities to make trading decisions in crude oil?