Day Trading Crude without indicators.

Quote from mfbreakout:

With 1 minute chart. As shopster pointed out lot of resistance at 97.10 area.

Here is how i am planning to trade next.

96.60 could not be broken with CONVICTION.

Long 96.60 out 97.40. So far, 96.60 level worked - 96.61 is also OR high. Asian session high 97.44 , euro session high 97.31



80 ticks.
 
Aaaaaa uppppp

Nice read off of the 9660s, mfbreakout!
9660s were OR highs as well as POC from 9:34AM print.
looks like shorts got trapped after being promised the impending wall of supply going into API news this afternoon.
9660s were important, and now 9750s...
 
Quote from mfbreakout:

96.60 could not be broken with CONVICTION.

Long 96.60 out 97.40. So far, 96.60 level worked - 96.61 is also OR high. Asian session high 97.44 , euro session high 97.31



80 ticks.

Wow. CL can RUN. short 97.94 cover 96.60 which is middle of last up bar (POC).

Plus we have A up now and shorts for me now are counter trend till some levels are broken , so i am happy to book 34 ticks.

On A up days, CL can run beyond normal run like yesterday.
 
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