Technical outlook on Crude

What do you think?

  • Agree

    Votes: 23 53.5%

  • Disagree

    Votes: 14 32.6%

  • Don't know

    Votes: 6 14.0%
  • Total voters
    43
Quote from JSSPMK:

Short APR contract off 3 min, C'MON!!!
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Like trying to keep a basketball underwater today. Hoping for a little sell off in Apr but my stop is pretty tight either way. good luck.
 
Quote from brocklanders:

Like trying to keep a basketball underwater today. Hoping for a little sell off in Apr but my stop is pretty tight either way. good luck.
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Yes, countertrend requires smaller stops than trend following. Good luck to ya 2 m8!

97.5 my target on this one
 
Quote from JSSPMK:

SS, I closed Long a while back now :)

Re-entered on Short

10c stopped

Short again, same level pretty much

Another stop triggered

Looking like a H&S on 1 now, still more interested in short at the mo
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Hey, mate

Just as long as you make some coin at the end of the day! :)

I jump in and out of ES; with crude, sometimes I need a little commitment (2-5 days) im my life.
 
Quote from smilingsynic:

Hey, mate

Just as long as you make some coin at the end of the day! :)

I jump in and out of ES; with crude, sometimes I need a little commitment (2-5 days) im my life.
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It's always nice to be on right side of a multi-day move, have you voted on USD/JPY SS?
 
Quote from JSSPMK:

Yes, countertrend requires smaller stops than trend following. Good luck to ya 2 m8!

97.5 my target on this one
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30m chart's D now has finally kicked in, $97 almost certain projection now, maybe it will lead to more downside, who knows.
 
are the inventories coming out this morning? the action is pretty muted today so I'm guessing they haven't been released yet. anyone know what's going on?

edit: coming on Thursday due to holiday. doh!
 
I see another push towards breaking $100 in the making, 240's MACD will eventually indicate retrace that may lead to reversal (I certainly haven't got a clue whether it will), but at the moment 180 chart is showing a bullish pattern.
 
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