CL Redux

Philly at o'clock

 

i'll be in buy the dip mode til further notice. we have a breakout of a decent sized falling wedge(or is it a pennant?).

 

Some traders ask me how i am getting fills. traders who trade cl off DOM etc.. are trying to catch a jumping rabbit and is a loosing game.

CL can only be traded of levels with orders to buy and sell before hand at the levels one has determined important.

I follow mark fisher system and if anyone needs more info. on Mark fishe r, i am happy to help.

 

out flat 89.72 ahead of news. i probably will regret getting out of long here.

 

bar has been raised to 89.40 area as support- micro

 

well looks like 89.20 area was getting accumulated.

 

Nicely read

Do you see a correction here to wash out freeloaders?

 

Patience is one of the hardest thing in trading for me- some times.

 

As long as we stay under 90.50 couldn't this still be distribution? I can never tell until it's to late

 

Looking at a 15 and 30 min profile we are right at the top of the value area.