K just a quick chart to show how oil fitted the line lastnight.. I rememba people used to always laugh about those lines i drew n said that they were not relevant and didnt mean anything... Wonder where those people gone recently. i want to see this gap down though today and want to see down down 200+
I am looking to sell this in the 54.00 range for a scalp whether in this session or NY, looks like it will try for it here as the high so far is 53.72
nice. im looking for it to fall to, since it spiked to the .72 resistance but the collapsed all of it in seconds. so id like to see it test the downside now, especially based on teh 1hour chart, as theres a sliding triple top from over the last few days.
are you short oil as well spanish? Where from? What size? I cant always keep up with your guys positions as im mainly in the ES thread. I had my best day yet yesterday - about 210 pips Posted some of them in the thread, but it was crazy fast yesterday and i didn't have time to post them all, lol.
Be careful selling here I feel resistance will be taken out real soon at .72 This is going to run to 55.00 and some change before we head lower.
Aloha mate, i got caughtout by that sell i made at teh close lastnight. I knew it was a risky trade as enetering a sell there wasnt part of my normal style or method of trading, and so i knew the risk. :/ Stop is at 53.79 target 52.10
If this sells off it will sell off at the eod of the NY session, this over night Euro session is the easiest to manipulate for those pushing higher prices, sometimes during these times charts go out the window.
My first sell target for one lot is set for 54.36. If this breaks 54.00 over night I expect a bit of an explosion thats where Ill throw in one lot short.