Day Trading Crude without indicators.

[tfp]

long time listener, first time caller here.
nice chart - thanks
seems like lots of chop today - mostly just scalps for now.
I have targets at either 9830s above us or 9530s below.
MFOR ~100 ticks
Will be interesting to see if they generate a move away from CL pit open.

 

[Frank Furter]

Looks like it will re-test the weekly 96.40 area again.

 

[mfbreakout]

3 sisters aka double bottom set up trade. Out 99.07. Ideal target is 97.33 OR high plus market makers like to push beyond stops by 20-30 ticks.

 

[Frank Furter]

At the weekly a down of 96.40. Will we see the monthly tested today ... 95.81?

 

[clightmarathon]

Quote from mfbreakout:

3 sisters aka double bottom set up trade. Out 99.07. Ideal target is 97.33 OR high plus market makers like to push beyond stops by 20-30 ticks.

Now I see your sisters. On yesterday's chart I was not sure where were day.

 

[Frank Furter]

Quote from Frank Furter:

At the weekly a down of 96.40. Will we see the monthly tested today ... 95.81?

To the tick ... 95.81 was touched. We will see if this is todays support.

 

[McLoota]

great thread..good to hear someone else say it.. the indicator ANY is always lagging by definition. price action is king

 

[Frank Furter]

CL

 

[mfbreakout]

Quote from mfbreakout:

3 sisters aka double bottom set up trade. Out 99.07. Ideal target is 97.33 OR high plus market makers like to push beyond stops by 20-30 ticks.

XRAY bar set up into Euro close

 

[mfbreakout]

Quote from mfbreakout:

XRAY bar set up into Euro close

cover some 95.54 and stop loss at 95.81 for rest.