Alphachase 

Slightly oversold now, she may want to go back to 50 handle into the open. Small tactical longs at 48.85. Disclaimer: THIS IS NOT AN INVESTMENT ADVISE.

if you were long a bunch of crude , would you have the balls to wait until 50 to dump it?

wouldn't be surprised to see a 47 handle before it trades 50.00

tigertrader 

if you were long a bunch of crude , would you have the balls to wait until 50 to dump it?

Nobody would in this environment. It's just a 3-car trade only.

Quoting 

wouldn't be surprised to see a 47 handle before it trades 50.00

Anything is possible.

Well, OCO 49.20/49.85. Have to go now.

Alphachase 

Well, OCO 49.20/49.85. Have to go now.

nice trade...

Hi,
I'm new here, hope you don't mind me jumping on. I have started trading Crude more actively and found this board and would like to share ideas.
Today I found Crude to be a "messy hair day", nothing but chop (with the exception of the breakdown overnight). Did nothing today, except faded the spike midday.

YoungZebra 

Hi, I'm new here, hope you don't mind me jumping on. I have started trading Crude more actively and found this board and would like to share ideas. Today I found Crude to be a "messy hair day", nothing but chop (with the exception of the breakdown overnight). Did nothing today, except faded the spike midday.

Bring it on, jump in, chime in - there's a bunch'o folks with with bunch of knowledge, esp /CL

-Bill

Just broke $50 for the first time in a day, wonder what we're in store for today...

protokletos 

Just broke $50 for the first time in a day, wonder what we're in store for today...

Id say be careful. Oil still doesn't know where it wants to go after breaking to the downside yesterday.

Crappy chop for CL : OR isnt penetrated either from above/below - box trade from 49.80 -50.20

CL Looks heavy to me, inclined to say it will break to the downside but it is trading so choppy again.