CL Redux

[Visaria]

short 9125

 

[Laissez Faire]

Visaria,

Are you based in Europe? Do you typically trade the European session mostly or do you trade both?

More of a larger swing trader than a scalper?

Entertaining the thought of getting back on European hours myself.

 

[Visaria]

Quote from Laissez Faire:

Visaria,

Are you based in Europe?

London

Do you typically trade the European session mostly or do you trade both?

All hours

More of a larger swing trader than a scalper?

Yes

Entertaining the thought of getting back on European hours myself.

 

[ammo]

Quote from ammo:

reduce 91.75 avg 92.29

flat 90.93

 

[EON Kid]

Quote from ammo:

flat 90.93

WTG!

 

[Visaria]

Yep, good trading there ammo

 

[EON Kid]

05/23/2012 10:30 *DJ DOE: US Crude Oil Stocks +0.883M Bbl In Wk; Seen +0.5M Bbl


Euro below January lows

 

[plyka]

Quote from ammo:

cup n handle

Not sure if it is really relevant on that chart, for a few reasons:

1) Currencies are different than stocks. Those formations tend to work much better on stocks.
2) cup and handles are usually continuation patterns, i'm not sure if it has much relevance as a bottom formation.

Still, consolidating towards the top of a range is usually bullish.

 

[plyka]

Had a nice trade this morning after 2 days of horrible trading (trading too much, i usually do best with 1 or 2 trades a day in oil).

Shorted at the small red dash at 91.46, covered at 90.21 at the small blue dash.

 

[clightmarathon]

Quote from EON Kid:

05/23/2012 10:30 *DJ DOE: US Crude Oil Stocks +0.883M Bbl In Wk; Seen +0.5M Bbl


Euro below January lows

euro is facebooking I heard. ;-)