CL Redux

Nice, Schiz. We've got some airspace below now, and the old trend line that broke not long ago before Egypt.

 

Thanks. Today's low should hold near 87.25.

 

I have 87.44 as a next level, but that could easily break with a lot of space below.

ADD: The 1-min chart's been a day trader's ATM machine today.

 

FWIW, not much since I didn't post the entry, SS 87.90 and covered 87.60. Watching a webinar on entering different strategies using my trading software. Entry on that trade wasn't that great but it worked out okay.

 

Seems like a good entry to me. Good exit too

 

Nice trade schizo.

 

It worked out. I was busy earlier. Shorted at the failure the second time down to S2 and then used the "that seems like enough" exit. Hopefully this is headed lower for schizo and whoever else is short. S3 = 86.91.
BBIB

 

I've used that exit a lot. It's not quite as good as the "whoa, that's a lotta ticks!" exit.

 

Nice job schizo , good holding this short for about a week in the face of last Friday uncertainty . This is where conviction rule over TA , sentiment etc..

My guess we will be we will be 85-88 for few days , before next leg direction

 

I was thinking of you as I exited. I had an image of you instructing me, "BCE! That's enough! Take it!" You had a frying pan and were ready to smack me upside the head.