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Catching Big Waves - a trader's journal of surfing the the markets


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Catching Big Waves - a trader's journal of surfing the the markets

  #3821 (permalink)
 
GaryD's Avatar
 GaryD 
Orlando, Florida
 
Experience: None
Platform: shoes
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Posts: 6,462 since May 2011


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  #3822 (permalink)
 
GaryD's Avatar
 GaryD 
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011




Started this thread
  #3823 (permalink)
 
GaryD's Avatar
 GaryD 
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011



Started this thread
  #3824 (permalink)
 
GaryD's Avatar
 GaryD 
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011





I am in wait and see mode. Zero preference where price sits.

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  #3825 (permalink)
 
GaryD's Avatar
 GaryD 
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011


Cashish View Post


Was wondering of your thoughts about the storm heading into the gulf, I would assume the rigs are in the process of shutting down and getting their crews on solid ground. I would think tonight's open might be particularly interesting to an Oil Man like you.



I took the current hurricane projected path and overlayed onto gulf oil rigs. Looking somewhat ominous for the next 24-48. Oil could have based at the W4.

I scalped 16 ticks on the 2nd burst at the open, but I can't read volume at the Sunday open very well. The gap up makes stop placement weird for me for a longer hold. Maybe something will show for support.



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  #3826 (permalink)
 
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 GaryD 
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011





CL did move up over $1 overnight, but returned to within 30 cents of Sunday's open.






Or, 5 cents...

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  #3827 (permalink)
 
GaryD's Avatar
 GaryD 
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011


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GaryD's Avatar
 GaryD 
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011


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GaryD's Avatar
 GaryD 
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011

closed -28

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  #3830 (permalink)
 
GaryD's Avatar
 GaryD 
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011


scalped 13

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Last Updated on May 23, 2014


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