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quin2k

SmartLevels - Euro Session Trades for CL!1

Light Crude Oil Futures (NYMEX:CL1!)  
quin2k Updated   
NYMEX:CL1!   Light Crude Oil Futures
Crude Oil futures rangebound
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crudeoil futures rangebound
These trades are suggested for the EURO session only.

If price spike UP, Short CL from 45.30 with 15 tick Stops and 45 tick Targets.
Conversely, if price spikes DOWN, Long CL from 44.15 with similar Stops and Targets.
Comment:
If 45.30 is taken is on the UP side, ADD: Short from 45.68 with 15 tick Stops and 45 tick Targets.

Recommend trading 3 contracts with 15 tick Stops and Targets set to 15ticks, 30ticks & 45ticks. Move Stop to B/E when Ist target is hit.
Comment:
In anticipation of a large spike UP following release of the CL Inventory at 10:30 AM EST, REPLACE Short from 45.68 with Short from 46.07. Stops and Targets to remain unchanged.
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