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You kept it tight in CL for your trading approach and plan.
Indices (TF I assume) are still slow; 'anticipating' but NOT predicting a 2nd day of consolidation to upward price action in the final 60-75 minutes of the NYSE.
I wasn't touching this. Not something I understand. Started to buy for a quick scalp, changed my mind in about 3 seconds, gave back 3 ticks. Net 32 + and happy to have it today.
I am trading about 5% TF right now, trying to get my head around it. I keep a 4-range running in the lower left corner of my CL screens, just to watch it constantly to learn how it moves, but still not solid on my settings for that yet, so trade it lightly. My "big" trade today was a short in TF, and I left a lot on the table, but today's price action spooked me some. Still can't say why.
I will not trade ES, but watch it as a confirming market. Today what tipped me off about not going long CL at the news was the fact that ES was bursting higher, but CL was really struggling. Don't know if you caught my comment at the time, that CL looked like it was biding time, wanting to go lower, but had to wait for it's partner to comes to it's senses.
TF moves like I think it should, ES moves like they are taking candy from a baby, and I am often the baby. A lot of brutal price pushes that I can handle in CL for some reason, but not in ES. When I watch TF and ES side by side, TF most often holds pivots that ES washes out.