Updated

day trading Oil, CL

Today will be looking for a break above 5770 for a long idea up to first target of 58.33, and a break below 57.14 for a first target of 56.75. If we remain between these tow prices will be trading it as a consolidation range

Note

some reason give me error when trying to post in chat, but ask questions about my day action anytime

Note

will adjust consolidation zone to the top side between 57.94 and 58, so in that area will favor shorts

Note

watching to see if I get a short signal off this resistance if not will stalk the long trade

Note

taking the short side stop over todays session high

Note

taking risk off the table, got short at .94 moving stop to .84

Note

moved to the middle of the open session range so one could lock in a bigger amount of this trade say .76

Note

I am now moving my stop from .84 to .68

Note

Stop to .42 now for a lock of 52 ticks

Trade closed: target reached

trail stop was hit at .42

Note

the long trade was triggered to the long not much time after closing the short, however I did not take the trade but it was there

alleytrader

Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

alleytrader

Also on: