CL Redux

box is 88.80 to 89.30. any long or shorts in between, is OK, it just requires waider stop loss than 10 ticks. any trade away from edge of the box will get stopped out- unless one gets lucky and trade moves in ones direction right away

 

wider stop loss

 

short .07 need .03 to break

 

Out .07 ... too random

 

Good point -- that's why I closed the last short early.. if it goes my way it's just luck, and I don't like the odds.

 

ok, make that 4 lower highs.

 

ss 89.19. stop loss 89.34. cover some 89.04, in case , machines stop me out. it will be scratch

 

last week high 89.90

 

The buyers are relentless.

 

since Mark Fisher firms clear 1/3 rd of daily crude volume. If his pit traders get sense- that lot of traders are short, they will rip cl up.
Mark Fisher likes to SHOCK other traders who are caught on the wrong side.