CL Redux

If nothing A up level of 81.82 and A down level of 80.29 ( based off my or) provides nice reference points.

I should have held my short as MF says after we had a late day C down. Oh well, will learn someday.

Did I say Mark Fisher is a GENIUS ?

 

One could have been on vacation yesterday and by just looking at OR and couple of other reference points this morning can trade .

 

I'm buyin here, we are due for a quick bounce.

Long 81.25 (Stop below 80)

Target 82.25

 

Low of last 45 days 80.14

last 20= 84.80

 

long 81.82 stop loss 81.69

 

out some 82.10

 

someone asked me why i will go long at 80.32 and get out at 80.78 and now buy 81.82 ( at so much higher) ?

All I can say is to read Mark Fisher book " The logical Trader".

 

Out at 82.17

Planning to go long again at 81.90-82

 

add to long 81.74

 

A up level keeps getting violated- not a clean set up. out some 81.95