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Like a turtle to his balcony...


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  #1161 (permalink)
 
GaryD's Avatar
 GaryD 
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011

What event would bring W5? That would be a major move in recent price perception.

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  #1162 (permalink)
 
GaryD's Avatar
 GaryD 
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011

Perception of value is relevant to timeframe. CL did continue up. And to where is a question of longer term value.

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  #1163 (permalink)
 
GaryD's Avatar
 GaryD 
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011


Up and back in the ON. Made it around 90.00 then back to 89.30. EIA today, inventories fell rather than increased according to API, open was above yesterday's range. A period opening drive...

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  #1164 (permalink)
 
GaryD's Avatar
 GaryD 
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011




If this new setup works as I think it might, that is the type of bar I am looking for.

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  #1165 (permalink)
 
GaryD's Avatar
 GaryD 
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011




Retest of ON high with heavy absorbtion, I think.

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  #1166 (permalink)
 
GaryD's Avatar
 GaryD 
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011

ES trying to close a gap, bringing a little heat, but price is flattening out across the top of that footprint entry bar.



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  #1167 (permalink)
 
GaryD's Avatar
 GaryD 
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011

My wife just left to go shopping, said she would invite me but figured I would not leave my "post". lol! Someone needs to keep an eye on these things 24/7.

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  #1168 (permalink)
 
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 GaryD 
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011

Bringing my stop in some

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  #1169 (permalink)
 
GaryD's Avatar
 GaryD 
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011




Closed

I do not like that it is hanging out. More like flag, and no excess.

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  #1170 (permalink)
 
GaryD's Avatar
 GaryD 
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011






I'll take that as a "win".



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Last Updated on August 5, 2013


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