I agree with it already have price in the API #'s in the 75+, now for the record, we still holding 75.00, ad we are getting in again into the Opening of the first hour 75.30, may an upside here.
Yes, IMHO, but today I don't have the guts to do it. I already made a small profit, today, and rather keep it that way.
Im seeing the indexes as a sell and oil as a buy. So I think im going to sideline the rest of the day. Did short oil before inventory and covered for .60profit
Guys, I usually trade with Openning Range, for the first half hour and first hour. I hope this is not unethical, but I would like to know when you trade Resistance and support breakout how many ticks above or under respectively you consider breakout for an entry position. Thanks.
I very seldom trade breakouts, I prefer to defend (stop .20) If/when I trade breakouts I enter *before* the breakout with a very tight stop. Edit: Oh, and you are sooo unethical I don't know where to start
Looking to go long if we break above 75.38ish edit: went long 75.39, happened right as i was posting, almost missed it
still long 75.39, stop 75. 25. hope we don't head back down into the chop, grr edit: flat at b/e, getting out before i get stressed from chop