The CL Crude-analysis Thread (Page 30) - Commodities Futures Trading | futures.io
futures.io futures trading
 

Go Back   futures.io

> Futures Trading, News, Charts and Platforms > Traders Hideout > Commodities Futures Trading


The CL Crude-analysis Thread
Started:December 17th, 2014 (02:33 PM) by tturner86 Views / Replies:125,376 / 1,754
Last Reply:9 Hours Ago (01:02 AM) Attachments:450

Welcome to futures.io.

Welcome, Guest!

This forum was established to help traders (especially futures traders) by openly sharing indicators, strategies, methods, trading journals and discussing the psychology of trading.

We are fundamentally different than most other trading forums:
  • We work extremely hard to keep things positive on our forums.
  • We do not tolerate rude behavior, trolling, or vendor advertising in posts.
  • We firmly believe in openness and encourage sharing. The holy grail is within you, it is not something tangible you can download.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.


You'll need to register in order to view the content of the threads and start contributing to our community. It's free and simple, and we will never resell your private information.

-- Big Mike
     

Reply
 450  
 
Thread Tools Search this Thread

The CL Crude-analysis Thread

Old February 17th, 2015, 11:29 AM   #291 (permalink)
Chief Bottle Washer
Prospect, KY. USA
 
Futures Experience: None
Platform: Sierra Chart
Broker/Data: Infinity
Favorite Futures: /CL
 
WilleeMac's Avatar
 
Posts: 616 since Jan 2012
Thanks: 288 given, 463 received

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

-Bill

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

Reply With Quote
     
The following user says Thank You to WilleeMac for this post:
     

Old February 17th, 2015, 11:30 AM   #292 (permalink)
Fiddler
Nashville, TN
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: IB
Favorite Futures: NQ ES
 
Posts: 468 since Feb 2011
Thanks: 323 given, 542 received

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
     

Old February 17th, 2015, 11:39 AM   #293 (permalink)
Elite Member
Sydney / Australia
 
Futures Experience: Intermediate
Platform: NT
Broker/Data: AMP
Favorite Futures: Oil
 
Posts: 116 since Jun 2009
Thanks: 125 given, 103 received



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

Good work mate. Nice holding.

Reply With Quote
     

Old February 17th, 2015, 11:42 AM   #294 (permalink)
Fiddler
Nashville, TN
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: IB
Favorite Futures: NQ ES
 
Posts: 468 since Feb 2011
Thanks: 323 given, 542 received

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

Reply With Quote
     

Old February 17th, 2015, 11:43 AM   #295 (permalink)
Elite Member
BOSTON, MA
 
Futures Experience: Advanced
Platform: Tradestation, TOS
Favorite Futures: commodities, TF
 
mfbreakout's Avatar
 
Posts: 7,244 since Oct 2010
Thanks: 3,467 given, 15,220 received

Trading

Futures Edge on FIO
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
The CL Crude-analysis Thread-2015-02-17_1001_fugazi.png  
Reply With Quote
     
The following user says Thank You to mfbreakout for this post:
     

Old February 17th, 2015, 11:45 AM   #296 (permalink)
Fiddler
Nashville, TN
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: IB
Favorite Futures: NQ ES
 
Posts: 468 since Feb 2011
Thanks: 323 given, 542 received


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
     
The following user says Thank You to Luger for this post:
     

Old February 17th, 2015, 11:53 AM   #297 (permalink)
Elite Member
BOSTON, MA
 
Futures Experience: Advanced
Platform: Tradestation, TOS
Favorite Futures: commodities, TF
 
mfbreakout's Avatar
 
Posts: 7,244 since Oct 2010
Thanks: 3,467 given, 15,220 received

Trading


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.

Last edited by mfbreakout; February 17th, 2015 at 11:59 AM.
Reply With Quote
     

Old February 17th, 2015, 12:01 PM   #298 (permalink)
Fiddler
Nashville, TN
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: IB
Favorite Futures: NQ ES
 
Posts: 468 since Feb 2011
Thanks: 323 given, 542 received

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
     

Old February 17th, 2015, 12:10 PM   #299 (permalink)
Elite Member
BOSTON, MA
 
Futures Experience: Advanced
Platform: Tradestation, TOS
Favorite Futures: commodities, TF
 
mfbreakout's Avatar
 
Posts: 7,244 since Oct 2010
Thanks: 3,467 given, 15,220 received

Trading

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
The CL Crude-analysis Thread-2015-02-17_1103_mini_flush.png  
Reply With Quote
     
The following 2 users say Thank You to mfbreakout for this post:
     

Old February 17th, 2015, 12:13 PM   #300 (permalink)
Elite Member
Philly, Pa
 
Futures Experience: Master
Platform: NinjaTrader
Favorite Futures: ES, ZB
 
tigertrader's Avatar
 
Posts: 5,870 since Jul 2010
Thanks: 6,243 given, 31,000 received


me thinks crudes a buy here...

small long here

Reply With Quote
     

Reply



futures.io > Futures Trading, News, Charts and Platforms > Traders Hideout > Commodities Futures Trading > The CL Crude-analysis Thread

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)
 

NinjaTrader 8: Features and Enhancements, Tips and Tricks

Dec 6
 

Al Brooks: Stop Losing when a Good Trade goes Bad, Correcting Mistakes

Elite only
 

Trading Technologies: Algo Design Lab hands-on

Dec 13
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
CL Light Crude Analysis TPO/MP/VWAP/VPOC bobarian Commodities Futures Trading 1806 July 17th, 2015 03:39 AM
CL Crude-nalysis indextrader7 Commodities Futures Trading 227 November 5th, 2014 12:47 AM
Why crude oil (CL) trades mostly 1 contract? fyd49 Commodities Futures Trading 8 May 22nd, 2014 04:27 PM
Miscellaneous Statistical Analysis (the big thread) trendisyourfriend The Elite Circle 29 July 15th, 2013 01:51 PM
Big move on crude analysis josh Commodities Futures Trading 4 March 11th, 2011 10:07 AM


All times are GMT -4. The time now is 10:12 AM.

Copyright © 2016 by futures.io. 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.
 
no new posts

Page generated 2016-12-04 in 0.11 seconds with 20 queries on phoenix via your IP 54.205.8.87