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"Just Oil"
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Chikot

Mitglied seit Jan 14, 2010  2189 Beiträge Chikot Feb 20 2012 at 13:06
today ended break even. winners and losers same balance.

Chikot

Mitglied seit Jan 14, 2010  2189 Beiträge Chikot Feb 21 2012 at 10:12
again nothing. BE today. loss and win.

Chikot

Mitglied seit Jan 14, 2010  2189 Beiträge Chikot Feb 22 2012 at 08:48
+25 pips. risked 15 pips. shorted after few failures to go higher than 106.40. target was 30 pips but price stuck at 106.11 so took profit 5 pips away from take profit. it might break but it also might be accumulation for move up cause low of previous wave was 106.00.had too many BE trades last couple of days.

Chikot

Mitglied seit Jan 14, 2010  2189 Beiträge Chikot Feb 22 2012 at 08:50
it might still make lower price but for now it looks like support in formation. looks like people buying here. hard to say but looks like. the day is done. off to bed.

Chikot

Mitglied seit Jan 14, 2010  2189 Beiträge Chikot Feb 22 2012 at 08:59
just hit my target. 20 minutes to wait for 5 more pips. well. roll doe snot worth it. might have lost more pips.

Chikot

Mitglied seit Jan 14, 2010  2189 Beiträge Chikot Feb 22 2012 at 15:11
checking it now in hindsight the trade had more potential. ultimately hit 4:1R: and not once. Hence support has formed at 105.60-105.65

nordic_

Mitglied seit Feb 16, 2012  83 Beiträge Steve Walker (nordic_) Feb 22 2012 at 16:04
oil is fast these days.

Trade the Trend Defend to Price
Chikot

Mitglied seit Jan 14, 2010  2189 Beiträge Chikot Feb 22 2012 at 16:08
no, it is slow. very slow. 2 days range was very narrow and I got no more than 1:1 R:R on my trades and then BE stops , losses and winners but nothing more than that. only today managed to make some pips.

Chikot

Mitglied seit Jan 14, 2010  2189 Beiträge Chikot Feb 23 2012 at 10:23
I am down on pips -20-25 today but up on %. The lack of time makes me impatient. shorted way too early and lost 2 trades before making it up with bigger short,, but closed only 1/3 of the risk cause support formed. reversed again long with small size and made nice R:R and I am calling it a day. Not very happy. My big short actually stop would not be hit and now it is making already more than 1:1 and closing on my target.
I need to stick to only smallest size in March. If I do as I want to do in March, I will double risk. Need to reduce number of trades and look only for the best set ups. even if it means no trading during my time.
Overall up this week and month is very much up. But I am not happy. Need to work on patience which is hard with time available.

Chikot

Mitglied seit Jan 14, 2010  2189 Beiträge Chikot Feb 23 2012 at 21:22
I am done this month. Month has been pretty good. will resume trading on March 5. will use week to work on some improvements and have some sleep.

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