Do not initiate a new short at ORL or a new long at ORH unless market is one time framing. Tried short in the morning - took loss and waited for better se up for short. Reshort 102.37 area, cover some 102 at ORL and had to cover rest as buy orders rushed in off ORL. Cover 102.33 and long 102.37 and out 102.84.
Up until a few minutes ago the entire day has been contained within the daily range. Waiting to see how we end the day around these levels.
CL pulled back deeper than i anticipated but we don't count. We just hope to be on the right side. API report at 4.30 today will give further clues as to where CL is headed.
CLU looks headed for 101.83. If it continues to get smashed down to 101.45 it could lead to a death spiral down to mid 90's! We shall all know soon enough.
Are you a Mark Fisher prop trader? It looks like you trade similar to MBF traders using ACD from a glance.