CL Redux

Builder17 · Jul 15, 2014

Builder17 said:
l 99.60
stop 99.40

stopped

mfbreakout · Jul 15, 2014

mfbreakout said:
Add to shorts 100.28. Out some 99.80

got out 99.52 area and reshorted 99.68. Out some 99.10 and no longs till buyere show up.

These 30 ticks bounce in between have been DEAD CAT bounces so far.

riskaddict · Jul 15, 2014

98.80, 74 looks interesting if you're a fader. There is a nice cleavage and vpoc in the area.

riskaddict · Jul 15, 2014

IV is actually down from this morning

ammo · Jul 15, 2014

seeing same with a wide nip below, market profile for smaller marks in cl, due to thinner markets ,are hit or miss, they are in all markets ,but more so in thinner, large moves(8 pts here) take large nips to find size buyers

riskaddict · Jul 16, 2014

I'm getting long vol and slightly short on price again. The dollar seems to be breaking out and I'm just going to ignore today's inventory #s

DarthSidious · Jul 17, 2014

When are we rolling from Aug. to Sep.? Aug. still have more volume, but not by much...

mfbreakout · Jul 17, 2014

CL caught a bid on Russia Sanactions. But i am not going long till some nice pullback.

Started shorts with small size around 102.30.

mfbreakout · Jul 17, 2014

Took some off and added to shorts as CL kept drifting higher. Still trading August contract. TOS automatically switches over to new contract.

mfbreakout · Jul 17, 2014

mfbreakout said:
Took some off and added to shorts as CL kept drifting higher. Still trading August contract. TOS automatically switches over to new contract.

Out flat 102. CL moved too quickly for my way of trading to try long. I want consolidation before trying long.