CL Redux

[EON Kid]

Quote from Laissez Faire:

Nice.

Familiar with the methodology and teachings, but have not used the actual profile for charting. I do find the concepts useful though.

Do you find that it adds an edge in your trading?

yes definitely, auction market theory, this is a continuous auction with different time frame players

 

[EON Kid]

Quote from Laissez Faire:

As for crude now, I`m primarily looking for a long entry, but I think ES will drop further so I will wait until I get a prime chance.

You may very well be right that we take out the LOD, Kid.

thinking ES will go for YLOD

see if we bear flag here

 

[ammo]

cl

 

[Laissez Faire]

Quote from EON Kid:

thinking ES will go for YLOD

see if we bear flag here

Thinking the same thing.

May look to enter a nimble short here in crude, but I don`t see any excellent setups at the moment.

 

[tomahawk]

Flag top possible here @ ~ .37

 

[Laissez Faire]

Excellent 50% reversal there.

Sometimes they simply work like they should.

 

[Laissez Faire]

Double top printed at the 50%.

 

[Laissez Faire]

Someone is selling the 50% level everytime we get up there.

Anyone else thinking this is another bear flag, before sliding lower?

 

[EON Kid]

Quote from Laissez Faire:

Someone is selling the 50% level everytime we get up there.

Anyone else thinking this is another bear flag, before sliding lower?

could be...

or sideways until the close & another gap down

or a base that a short squeeze near the close is launched from.

 

[Laissez Faire]

Quote from EON Kid:

could be...

or sideways until the close & another gap down

or a base that a short squeeze near the close is launched from.

Why is there never one simple answer?