CL Redux

Quote from riskaddict:

I also just went short the aussie dollar most likely very prematurely but the way I see it I'm risk 230 to make 960.

seems like a good level, however the aussie seems to have held up well against other markets & the RBA rate cut.
 
I was looking for a woosh down once it got below 85.80 but I see this long daily TL from the 77.28 low through November that might mean something or it might not. I might go long tonight or maybe 4am if we are still above it. and just use today's low as a stop. If we closed below it I would still feel great to have 84 as a target.
 

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Quote from riskaddict:

I might go long tonight or maybe 4am if we are still above it. and just use today's low as a stop. If we closed below it I would still feel great to have 84 as a target.

Looking at doing the same, good risk reward ratio, reckon it might head back to 9000
 
Quote from TraderPhil:

Cl will hit 81 dollar mark, to be exact 80.93

1st post and he is gonna hit a home run!

I'm actually leaning your way. If we stay around .50 or below I'm building a short strangle with a sweet spot around 82.50 or 83. I'll show that super trader karen bitch who is boss I've been eating theta all year on the CL not some pussy s&P.
 
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