NexusFi: Find Your Edge


Home Menu

 





The CL Crude-analysis Thread


Discussion in Commodities

Updated
      Top Posters
    1. looks_one SMCJB with 683 posts (1,274 thanks)
    2. looks_two mfbreakout with 303 posts (479 thanks)
    3. looks_3 WilleeMac with 275 posts (218 thanks)
    4. looks_4 ron99 with 165 posts (262 thanks)
      Best Posters
    1. looks_one SMCJB with 1.9 thanks per post
    2. looks_two mfbreakout with 1.6 thanks per post
    3. looks_3 ron99 with 1.6 thanks per post
    4. looks_4 WilleeMac with 0.8 thanks per post
    1. trending_up 606,555 views
    2. thumb_up 3,558 thanks given
    3. group 286 followers
    1. forum 2,696 posts
    2. attach_file 644 attachments




 
Search this Thread

The CL Crude-analysis Thread

  #291 (permalink)
 
WilleeMac's Avatar
 WilleeMac 
Prospect, KY. USA
 
Experience: None
Platform: Sierra Chart
Broker: Infinity
Trading: /CL
Posts: 687 since Jan 2012
Thanks Given: 309
Thanks Received: 617

Ok looks like it's time to sh** or get off the pot

-Bill


Follow me on Twitter Reply With Quote
Thanked by:

Can you help answer these questions
from other members on NexusFi?
Better Renko Gaps
The Elite Circle
Futures True Range Report
The Elite Circle
ZombieSqueeze
Platforms and Indicators
Are there any eval firms that allow you to sink to your …
Traders Hideout
My NT8 Volume Profile Split by Asian/Euro/Open
NinjaTrader
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Get funded firms 2023/2024 - Any recommendations or word …
61 thanks
Funded Trader platforms
38 thanks
NexusFi site changelog and issues/problem reporting
26 thanks
GFIs1 1 DAX trade per day journal
19 thanks
The Program
18 thanks
  #292 (permalink)
 Luger 
Nashville, TN
 
Experience: Intermediate
Platform: NinjaTrader
Broker: IB
Trading: NQ ES
Posts: 468 since Feb 2011
Thanks Given: 323
Thanks Received: 543

I would agree with that sentiment, needs to bounce here or it goes to 49.50 in the next couple of hours. (and I would prefer the bounce/consolidation first to setup a new trade)

Reply With Quote
  #293 (permalink)
 jthom 
Sydney / Australia
 
Experience: Intermediate
Platform: NT
Broker: AMP
Trading: Oil
Posts: 118 since Jun 2009
Thanks Given: 128
Thanks Received: 105



Luger View Post
Took the other half off my trade @ 50.85, now flat.

Good work mate. Nice holding.

Reply With Quote
  #294 (permalink)
 Luger 
Nashville, TN
 
Experience: Intermediate
Platform: NinjaTrader
Broker: IB
Trading: NQ ES
Posts: 468 since Feb 2011
Thanks Given: 323
Thanks Received: 543

Maybe crazy but I dipped my toe in long, @51.05

Reply With Quote
  #295 (permalink)
 
mfbreakout's Avatar
 mfbreakout 
BOSTON, MA
Market Wizard
 
Experience: Advanced
Platform: Tradestation, TOS
Trading: ES, CL, GC
Posts: 7,254 since Oct 2010
Thanks Given: 3,478
Thanks Received: 15,818

Holding shorts for a FLUSH DOWN.



My posts are not meant to give financial advice neither do they imply that my method is special. "THIS IS WHAT I COULD BE IF I HAD A TOTALLY CARE FREE STATE OF MIND DURING TRADING" Mark Douglas.
Attached Thumbnails
Click image for larger version

Name:	2015-02-17_1001_FUGAZI.png
Views:	250
Size:	186.1 KB
ID:	175147  
Visit my NexusFi Trade Journal Reply With Quote
Thanked by:
  #296 (permalink)
 Luger 
Nashville, TN
 
Experience: Intermediate
Platform: NinjaTrader
Broker: IB
Trading: NQ ES
Posts: 468 since Feb 2011
Thanks Given: 323
Thanks Received: 543


mfbreakout View Post
Holding shorts for a FLUSH DOWN.

Are you targeting the 49.50 area? A flush down would break all meaningful resistance on the 60 minute chart and force a reaction to the mid to low 49s. That may be the trade...

My biggest issues with the small long is getting footing above 51.25. If it can manage that then I would feel better.

Reply With Quote
Thanked by:
  #297 (permalink)
 
mfbreakout's Avatar
 mfbreakout 
BOSTON, MA
Market Wizard
 
Experience: Advanced
Platform: Tradestation, TOS
Trading: ES, CL, GC
Posts: 7,254 since Oct 2010
Thanks Given: 3,478
Thanks Received: 15,818


Luger View Post
Are you targeting the 49.50 area? A flush down would break all meaningful resistance on the 60 minute chart and force a reaction to the mid to low 49s. That may be the trade...

My biggest issues with the small long is getting footing above 51.25. If it can manage that then I would feel better.

I was looking at 50.40 area but i am out now 51.21. FLUSH DOWN is more of a signal for me to determine size of a position on reversal and to determine if longs makes sense today.



My posts are not meant to give financial advice neither do they imply that my method is special. "THIS IS WHAT I COULD BE IF I HAD A TOTALLY CARE FREE STATE OF MIND DURING TRADING" Mark Douglas.
Visit my NexusFi Trade Journal Reply With Quote
  #298 (permalink)
 Luger 
Nashville, TN
 
Experience: Intermediate
Platform: NinjaTrader
Broker: IB
Trading: NQ ES
Posts: 468 since Feb 2011
Thanks Given: 323
Thanks Received: 543

I understand what you mean about the flushes. I feel my long is counter trend but the move could be sizeable just as a reaction (~$1 off the lows maybe). Then a retest of the ~51.20 support again (which I might add got pounded on this run down), would be the third play.

My current exit on the long is 51.88 but will be high mobile (higher or lower) depending on price action.

Reply With Quote
  #299 (permalink)
 
mfbreakout's Avatar
 mfbreakout 
BOSTON, MA
Market Wizard
 
Experience: Advanced
Platform: Tradestation, TOS
Trading: ES, CL, GC
Posts: 7,254 since Oct 2010
Thanks Given: 3,478
Thanks Received: 15,818

Mini FLUSH DOWNS . I use them to add to shorts. Algos, HFT are mostly interested in 20, 30 ticks in and out all day long. That's the reason i stopped scalping. I can not compete with mahines but one can make some reasonable assumptions as to how machie driven trading gets set up.



My posts are not meant to give financial advice neither do they imply that my method is special. "THIS IS WHAT I COULD BE IF I HAD A TOTALLY CARE FREE STATE OF MIND DURING TRADING" Mark Douglas.
Attached Thumbnails
Click image for larger version

Name:	2015-02-17_1103_mini_flush.png
Views:	253
Size:	120.6 KB
ID:	175153  
Visit my NexusFi Trade Journal Reply With Quote
Thanked by:
  #300 (permalink)
 
tigertrader's Avatar
 tigertrader 
Philly, Pa
Legendary Market Wizard
 
Experience: Master
Platform: NinjaTrader
Trading: ES, ZB
Posts: 6,482 since Jul 2010
Thanks Given: 6,662
Thanks Received: 36,257


me thinks crudes a buy here...

small long here

Follow me on Twitter Reply With Quote




Last Updated on March 23, 2024


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts