My previous post got hijacked but its probably worth a read if you missed the quick primer on trading crude futures.
http://www.traders-t...showtopic=87771
Crude Oil is ready for a blow off
Started by
hedgehawk
, Apr 27 2008 05:55 PM
5 replies to this topic
#1
hedgehawk
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Posted 27 April 2008 - 05:55 PM
Bullish news today for crude oil, with all of the problems in Nigeria and UK managed to book 1/2 pnt $500.00 on a quick CL short scalp on the open. This sucker is going to blow off. Looking to reload short.
My previous post got hijacked but its probably worth a read if you missed the quick primer on trading crude futures.
http://www.traders-t...showtopic=87771
My previous post got hijacked but its probably worth a read if you missed the quick primer on trading crude futures.
http://www.traders-t...showtopic=87771
#2
SemiBizz
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Volume Dynamics Specialist
Posted 27 April 2008 - 06:55 PM
Yep, per my trading plan... now let's see what that does to the futures... Looking for 122 crude on this runup...
Price and Volume Forensics Specialist
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
#3
StillLearnin
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Posted 27 April 2008 - 09:51 PM
Yep, per my trading plan... now let's see what that does to the futures... Looking for 122 crude on this runup...
Semi....
I have 122 where wave 5 = 2.618 x Wave 1.....
What do you see at 122?
#4
beta
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lasergirl
Posted 27 April 2008 - 11:38 PM
"Daytrading -- An Extreme Sport !"
#5
arbman
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Quant
Posted 28 April 2008 - 02:30 AM
The larger 22-24 wk cycle has a flat trend, so this uptrend is probably not correct here and it is a blow off...
Disclaimer: I am short financials and energy, one of them will give up...
Disclaimer: I am short financials and energy, one of them will give up...
Edited by arbman, 28 April 2008 - 02:37 AM.
#6
redfoliage2
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Posted 28 April 2008 - 07:35 AM
Over the 120 mark this week?
