CL Redux

[Visaria]

Quote from Builder17:

ha, had basically the same trade from 26 to 90, and feel the same way!

yeah, good trade, i had a feeling it was headed for the lows, but since i was already short,thought it would be good to cash some chips in.

 

[Visaria]

Quote from NoDoji:

Too funny, we're all trading about the same entry on that one

yeah, so where did u get out then ?

 

[ammo]

bouncing off these ledges , eventually fill that cleave

 

[NoDoji]

Quote from Visaria:

yeah, so where did u get out then ?

I edited my earlier post, out @ .88, lol

 

[Visaria]

the cleave being 93.84???

 

[ammo]

cleave, nip is the wide spots,ledges the flat spots, cleave the indented areas,if one holds we bounce to the next,and if it doesnt we drop to the next ,targets,s/r

 

[NoDoji]

So that big 5min hammer off lows is really a high probability long, but I can never bring myself to take a first entry on those and usually miss a nice counter-trend trade.

 

[riskaddict]

Quote from Visaria:

I'm still short from yesterday, so i NEED to know where it's going...anyone?

94 or 98

If we get above 96.40 again it will go to 98 in about 2 mins

 

[riskaddict]

gold and the cad are driving me batty.

Took myself out of gold this morning at like 4am

Tried o get long the cad again at 995 lost 350 bucks in an hour now I'm trying again at 99

 

[riskaddict]

For those of you looking to mix things up sugar is forming a nice two day bull flag. If it breaks out this afternoon and stays there it plays nicely into the larger time frames and should see 1865 pretty quick.