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"Just Oil"

Chikot
Jun 13 2011 at 17:02
2299 posts
it's falling but I will stay away.

Chikot
Jun 13 2011 at 17:03
2299 posts
I shorted it but was not sure if it will run. do not feel safe to enter after the fact.

Chikot
Jun 14 2011 at 09:28
2299 posts
was checking on the market. since I do not trad emmy main at this time. I have secondary account which I might trade sometimes when i already do not trade main, for practice. noticed multiple failures to break to upsiode. after third failure to break into former trend line opened 50 lots trades. then after fourth failure doubled up. entry 97.56 and 97.60. stop at 97.86. lket ' s see where it will go.

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Chikot
Jun 14 2011 at 09:36
2299 posts
small pin bar formed form lower line, so I closed everything.

Chikot
Jun 14 2011 at 09:38
2299 posts
it still might go down, but I gotta go. will check on what happenes after I am back to PC at 9:30 a.m.

Chikot
Jun 14 2011 at 17:03
2299 posts
have had 2 set ups on long side today. first was break out of 97.75 resistance assending triangle. made 0.6% on this one. closed everything after it started consolidating. again, triangle.but completelly missed break out as was called out. what a sorry. would be great trade and good %%%.

there is high probability that price willmove higher but I cannot see lower risk entry at this point.it is up already but I will passit again. wow.it shot up nicely

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Chikot
Jun 14 2011 at 17:05
2299 posts
in any case.it is good idea to pass trade if set up is missed.pain can be great if price reverses and usually risk is much higher.

Chikot
Jun 14 2011 at 17:16
2299 posts
well,case in point.it droped 40-50 pips. no need to chase the market. another opportunity is right around the corner.

Chikot
Jun 15 2011 at 09:29
2299 posts
another one. shorted with 24 pips stop. entered once. then closed for few pips feeling not moving. then entered again and stop at BE +1 pip for fees. might get stopped actually.
not main account trade but same thing. Just going with a flow. Liquidity ain't good and momentum not strong eitehr so, I believe will get stopped at BE. nopes, moved lower away from stop. 98.00 is target as it is where trend line is.

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Chikot
Jun 15 2011 at 09:33
2299 posts
closed half for 20-21 pips. take profit 98.06 , entry 98.46 , stop was 98.70 and now is 98.45

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