If I was a daytrader i would be getting short here at .40ish and stop and reverse above .60
CL Redux
- Thread starter schizo
- Start date
Quote from NoDoji:
That's Kylie from Fantastic Mr. Fox, one of my favorite movies ever. That's the look Kylie gets when Mr. Fox is explaining his plans. He just loses connection and zones out. Yesterday's price action made me look just like that, LOL!
I think the entire time I've traded CL I only used 2-3 pip stops maybe 3 or 4 times. It always feels totally impossible
do u recall we chatted briefly about extreme prices on here, maybe a couple of weeks ago? That's what i was doing yesterday.
Holy ratatouille!!!!
Holy ratatouille!!!!
Holy shit Api showing another huge draw of 7.5 mil. But Gasoline had a 6.3 mil build and dists had a 1.2 mil build. So i guess it isn't has bullish as it seems at 1st glance but either way looks like we are headed towards 102. Which means I lose 
Quote from riskaddict:
Holy shit Api showing another huge draw of 7.5 mil. But Gasoline had a 6.3 mil build and dists had a 1.2 mil build. So i guess it isn't has bullish as it seems at 1st glance but either way looks like we are headed towards 102. Which means I lose
Oil down 1% since shortly after API release. 15 minutes to EIA inventory. WSJ reports an expected draw of 2.5 million barrels.
Quote from riskaddict:
Holy shit Api showing another huge draw of 7.5 mil. But Gasoline had a 6.3 mil build and dists had a 1.2 mil build. So i guess it isn't has bullish as it seems at 1st glance but either way looks like we are headed towards 102. Which means I lose
Looking at this chart going back a few years, looks like every so often there is draws like this...(chart can be lengthen all the way to 2008).
http://www.forexfactory.com/calendar.php?#graph=45632
