The volume seems to be unusually low today. I go ahead and say that MFGlobal probably accounted for 20-25% of trade volume on CL. MF Global is/was my major broker and I hate to see them go down. Hands down the best I have ever encountered. Not the best software but great customer service and I had met alot of their personnel from lower end customer service staff to country heads a number of times. Well I guess its time to move on On other hand, classic W pattern but I don't trust it. Low volume with European concerns, dollar rallying and world indexes down. Does not seems a recipe for a upshoot. I am confident we will close below 92 today
when we all agree on same direction (down ) , this is what happens close $1 + above our base level . you , me , Blubaru and usman88
Do you think you could do a pre-pre warning before you leave your desk and wait for confirmation that notice has been received before actually leaving your desk. If it's for a nature call I could build you a commode within 2 feet of your trading desk and as long as you kept your wireless mouse in hand, we would probably be OK. Thanks.
from what i've seen, when CL doesn't go down when it's supposed to, it will probably trade up overnight
It all worked out, TD. I got back, saw that I missed my proper entry, so I chased an entry, thought for sure I'd been suckered in because it stopped cold the minute I bought and began ticking back down (I swear I could hear price laughing at me), when suddenly as if in a dream the thing turned and broke out. I know you're thinking, "Why not just announce you're leaving, but actually stay there and trade instead?" You can't do that; it just doesn't work. The market is too efficient
Just exited all my shorts over the last month (average 92.86) at 89.60 for 326 ticks profit per lot. Today $89 should be the floor. Should not drop more than that