CL Redux

[Builder17]

maybe just a lot of consolidation last week or so

 

[Builder17]

Quote from Builder17:

long 94.30
stop 94
target 95

stopped -.30

 

[Builder17]

long 93.92
stop 93.62
target 94.45

 

[roreilly]

Quote from NoDoji:

Does anyone remember CL in the before time, the long, long ago, back when it would sometimes move a whole point in a minute or two?

Has anyone seen CL this quiet during RTH?

 

[EON Kid]

Quote from roreilly:

Has anyone seen CL this quiet during RTH?

I was thinking the same thing, see my post from 042712 (price action is April was crap) and what happened after

Weekly CL chart see what follows 3 to 5 (Weeks) of narrow range bars

[/QUOTE]

 

[NoDoji]

Quote from roreilly:

Has anyone seen CL this quiet during RTH?

We'll have our days in the sun again. Meantime, I've converted to quite a bit of micro-scalping (.10-.15).

 

[Builder17]

Quote from Builder17:

long 93.92
stop 93.62
target 94.45

stopped for -.3

 

[Builder17]

bought 93.10
target 93.35
stop 92.85

out .35

 

[riskaddict]

Be patient as soon as we get below 92.40 we'll hit 90 in about 10 mins.

This is the 1st week in I don't know how long I haven't had to adjust my position in oil not one single trade!

So far this year all the action has been in the ags and currencies. Between the pound and cad I've made my nut for the whole quarter.

Just this morning take cotton for example look at a 4 hour chart and tell me that wasn't obvious as anything.

 

[EON Kid]

Quote from riskaddict:



Just this morning take cotton for example look at a 4 hour chart and tell me that wasn't obvious as anything.

I don't have the data, can you post a chart, thx