Crude short at trendline was

    Posted by zenman on 11th of Feb 2015 at 11:07 am

    Crude short at trendline was a nice quick way to make lunch money. I have had NO long entry points today. You would also still be short from a 60 min short from yesterday.

    http://screencast.com/t/RJF6vkJ0zF

    Crude Oil /CL I spoke to

    Posted by zenman on 11th of Feb 2015 at 11:29 am

    Crude Oil /CL

    I spoke to soon. A long set up triggered on the 30 min chart right after I posted the last one. That is why I feel that this forum is not really suited for futures. Wish we could have a futures trading room. Wish list, Steve and Matt...

    This 30 min chart set up already hit the first symmetry and 9 ema target.

    http://screencast.com/t/s2xkUcJMlO

    This also triggered on 60

    Posted by zenman on 11th of Feb 2015 at 11:41 am

    This also triggered on 60 min chart, btw. Whether it works or not, we'll see. We still have a trend line to break.

    Crude bounced off the 20

    Posted by steve on 11th of Feb 2015 at 11:31 am

    Crude bounced off the 20 day..and when crude bounced IBB faded. Trading opposite lately.

    Crude approaching Value Area LOW.

    Posted by zenman on 11th of Feb 2015 at 12:26 pm

    Crude approaching Value Area LOW. Also 50 MA on 30 min chart. RSI 14 at 50 mark. Might look to short again. We have a trendline from the beginning of Crude down turn a little higher 50.40 or so. Quite often Crude breaks a tend line and extends out of it a bit and then breaks down again. That's why waiting for Steve's entries work better than simply shorting or going long at lines.

    yeppers

    Posted by matt on 11th of Feb 2015 at 11:35 am

    yeppers

    Great Matt. But, if we

    Posted by zenman on 11th of Feb 2015 at 11:42 am

    Great Matt. But, if we had a trading room, we could get this info out in real time. Well?

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