Ha! They went for the stops - took em good - and then, 5 min later the euro fut below 1.333 with the market folowing like a lamb So they tried to halt the slide by selling march dx at market.... So entertaining
It appears that CL is in a tight channel right now... at the break of the upper or lower range seems like a good point to jump in for a trend breakout... For RTM scalps while awaiting the breakout, I may enter when it bounces off the channel support... Walt
Standard pre-inventory price action. The problem with bracketing the range is the slippage and whippage could be bad on the report.
I used to wonder if I needed medication to trade... I no longer have that lingering question... I totally missed the breakout move!!!!! Why, because I was fiddling around with the scalp... I closed my long entry for a small loss, with the intent to enter my bracket orders (which would have suffered significant slippage anyway); however, while setting up my bracket orders, the market left me behind... So, here I am "sitting on the dock of the bay watching the tide [of my trade] roll away"