Sorry, took a break. What do you consider "size". My DOM shows 10 levels and most of the size is on the sell side right now. OK< never mind it turned over rather quickly...
it's cool, what i meant was a level where there's a higher than avg number of resting orders, i'm not too familiar with CL but, for the ES book say 2000-2500 is the typical amount of resting orders at any level, 4000 resting at like a swing hi/low or daily hi/low is what i would consider size and where i would want to get involved. changes with vola / time of day ofcourse. i was just looking at CL because it looked like it wanted to break while ES was in a range (boring)
Not a bad day +$822, but missed a lot of early opportunities. I think today might've been my first live long breakout trade. I posted all my calls live, so unless some has a burning desire to see the blotter with exact times down to the nanosecond, I'm calling it a day!
Since we flatlined for much of the afternoon, does that mean we'll kick up tomorrow or we'll we first test the 78-ish (low to mid 78)?
measured move again, that is 3point minus, would be 76.6 or 75.6 if 4point move. the market is not predictable, I will not gamble on this move