I would imagen we will are going to target this area no we area back in range

I will look for a short in this area

There is no way for me to try and long this area back up

Lets see what the 10:00 news bring, but this is what im expacting now

92.90-93.00 area again

$93 was a choppy area yesterday

Any one els want to throw there hypothesis down?

Iv still got a short bias......

Would love to hear what you guys are thinking

greenr 

Any one els want to throw there hypothesis down? Iv still got a short bias...... Would love to hear what you guys are thinking

initially i did,and the spike which you caught off the open was it....but,after a bit ,that failed

bobarian 

initially i did,and the spike which you caught off the open was it....but,after a bit ,that failed

Well we just had a shift in the developing Vpoc to the up side with no follow through

Is this the bulls covering there positions?

News out in 15 min

i think CL spent the last week moving up into its new trading range which may be 91.50 to 93.50 give or take a bit.


My idea is influenced by Robin Mesch , who uses big picture market profile analysis.

It seems oil does exactly what she says its gonna do in her monthly market profile report.

I just read her overview at CME. Its out once a month.

shanemcdonald28 

i think CL spent the last week moving up into its new trading range which may be 91.50 to 93.50 give or take a bit. My idea is influenced by Robin Mesch , who uses big picture market profile analysis. It seems oil does exactly what she says its gonna do in her monthly market profile report. I just read her overview at CME. Its out once a month.

Can you attach the report to this thread?

here is a link to last months report
this month should be out in next few days
it is under market insight section at CMEgroup website
she is very sharp

shane





https://www.cmegroup.com/education/files/mesch-market-outlook-2012-12.pdf

greenr 

I would imagen we will are going to target this area no we area back in range I will look for a short in this area There is no way for me to try and long this area back up Lets see what the 10:00 news bring, but this is what im expacting now 92.90-93.00 area again $93 was a choppy area yesterday Attachment 98622

Im looking for a potential short

News out in 6 min so its going to be high risk

Right in the middle of yesterdays profile too

This is the area i would expect too see the reversal

$92.90 to $93

here is the pdf attached to message. I think !
wasnt sure how to upload !

shane

Looking for a potential short entry

We are in the 2nd Dev vwap and have just closed out a open gap and Naked Vpoc from yesterday



Short 93.91

Last trade today if this fails

1 small winner

1 full stop

If i have another loss i will be done for the day



Inital balance in

70 cent range

Were right at the highs of the IB now were i am short from

Its a good set up and trade location

lets see if the market appreciates my work on this one

well i had my stop at $93, the market spiked up to $93 and didnt take me out

Spot of luck hey, we have tried to push the IB 2 times now and failed

lets see if this last pull back is going to do the trick and blow through or fail and get sucked down

I scaled out 1/2 my position now 15 ticks so im risk free

Its nice when things finally go to plan....no every one keep pushing down please