BullBear52x
Posts: 32004 Joined: Tue Feb 22, 2011 3:47 pm
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by BullBear52x » Wed May 25, 2016 4:02 pm
Chart for the road: complicated topping pattern, bear flag. Peace!
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My comments are for entertainment/educational purpose only. NOT a trade advice.
Out of Bounds
Posts: 5623 Joined: Wed Feb 23, 2011 10:11 am
Location: Miami
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by Out of Bounds » Wed May 25, 2016 4:14 pm
BullBear52x wrote: OOB join me on night trade today.
Sure. I'll see you over there
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Out of Bounds
Posts: 5623 Joined: Wed Feb 23, 2011 10:11 am
Location: Miami
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by Out of Bounds » Wed May 25, 2016 4:18 pm
Out of Bounds wrote: BullBear52x wrote: OOB join me on night trade today.
Sure. I'll see you over there
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Or we could start a topic of "Overnight trading" in the Investors lounge.
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BullBear52x
Posts: 32004 Joined: Tue Feb 22, 2011 3:47 pm
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by BullBear52x » Wed May 25, 2016 4:21 pm
ok investor lounge, I'll be back at mid night.
My comments are for entertainment/educational purpose only. NOT a trade advice.
nikman
Posts: 185 Joined: Tue Feb 15, 2011 1:20 am
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by nikman » Wed May 25, 2016 8:03 pm
OOB, are you expecting /CL to drop big from here? I think it will cross $50 because it is so close to it before dropping (maybe even $51). Still in a wedge if it does go that far.
Out of Bounds wrote:
Out of Bounds
Posts: 5623 Joined: Wed Feb 23, 2011 10:11 am
Location: Miami
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by Out of Bounds » Wed May 25, 2016 8:32 pm
nikman wrote: OOB, are you expecting /CL to drop big from here? I think it will cross $50 because it is so close to it before dropping (maybe even $51). Still in a wedge if it does go that far.
I have no idea. I really suck at trying to track or predict oil.
I really think that the forces behind the stock market (and oil) right now are mostly all about the $USD
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Out of Bounds
Posts: 5623 Joined: Wed Feb 23, 2011 10:11 am
Location: Miami
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by Out of Bounds » Wed May 25, 2016 8:42 pm
1 hour candles
Fib trend line stars at Tue 3 AM
Green line is my order to cover my shorts
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fehro
Posts: 22880 Joined: Fri Sep 02, 2011 2:06 pm
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by fehro » Wed May 25, 2016 10:11 pm
Mind the RS of H&S… with majority of the drop from early morning hours.. "IF" it plays out 4Hr / 30m
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Out of Bounds
Posts: 5623 Joined: Wed Feb 23, 2011 10:11 am
Location: Miami
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by Out of Bounds » Wed May 25, 2016 10:53 pm
fehro wrote: Mind the RS of H&S… with majority of the drop from early morning hours.. "IF" it plays out 4Hr / 30m
Interesting. That looks a lot like the 38.2% retracement I posted above.
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sleeman
Posts: 246 Joined: Thu May 12, 2016 4:07 pm
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by sleeman » Wed May 25, 2016 11:34 pm
is there usually a 11pm-12am EST temporary pop up/change up in direction ?
Out of Bounds
Posts: 5623 Joined: Wed Feb 23, 2011 10:11 am
Location: Miami
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by Out of Bounds » Wed May 25, 2016 11:44 pm
sleeman wrote: is there usually a 11pm-12am EST temporary pop up/change up in direction ?
Usually quiet until about 1:30 AM EDT
In fact it's usually flat.
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BullBear52x
Posts: 32004 Joined: Tue Feb 22, 2011 3:47 pm
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by BullBear52x » Thu May 26, 2016 12:40 am
I am checking in.
I can not post /ES here, my trading terminal is on another computer, for now the selling to continue.
My comments are for entertainment/educational purpose only. NOT a trade advice.
BullBear52x
Posts: 32004 Joined: Tue Feb 22, 2011 3:47 pm
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by BullBear52x » Thu May 26, 2016 12:42 am
very small volume, BUYING IS HEAVY AT 84.25
My comments are for entertainment/educational purpose only. NOT a trade advice.
Out of Bounds
Posts: 5623 Joined: Wed Feb 23, 2011 10:11 am
Location: Miami
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by Out of Bounds » Thu May 26, 2016 12:47 am
BullBear52x wrote: very small volume, BUYING IS HEAVY AT 84.25
I see a bit. Bids at 2084
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Out of Bounds
Posts: 5623 Joined: Wed Feb 23, 2011 10:11 am
Location: Miami
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by Out of Bounds » Thu May 26, 2016 12:48 am
BullBear52x wrote: I am checking in.
I can not post /ES here, my trading terminal is on another computer, for now the selling to continue.
You mean "here" in this forum or "here" at your current physical location?
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BullBear52x
Posts: 32004 Joined: Tue Feb 22, 2011 3:47 pm
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by BullBear52x » Thu May 26, 2016 12:49 am
sell comes in at 84.5
My comments are for entertainment/educational purpose only. NOT a trade advice.