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"Just Oil"
Mitglied seit Jan 14, 2010
2299 Posts
Jan 30, 2016 at 10:31
Mitglied seit Jan 14, 2010
2299 Posts
Tried shorting gas and entry was perfect, However it is not the moment. I am quick to get out though. Was developing ideas about grains which did not work either. Huge disappointment sugar. I has been waiting for just this for 2 months. and missed the best entry. entered twice but due to worse places could not stay in this trade. so, decided to go flat 100% and wait. If I am right sugar is up to next big down leg. It is in huge long term down trend.
The interesting point is that for all commodities involved namely gas, cor and wheat reversal pattern to upside was similar. Nice entry for contra trend traders actually, very small risk. I was watching those levels and got out just in time. It is all about waves.
Freaking ping pong. Copper and platinum did not work either.
eur/usd while still in range consolidation whatever it might be up to something. will be watching.
The interesting point is that for all commodities involved namely gas, cor and wheat reversal pattern to upside was similar. Nice entry for contra trend traders actually, very small risk. I was watching those levels and got out just in time. It is all about waves.
Freaking ping pong. Copper and platinum did not work either.
eur/usd while still in range consolidation whatever it might be up to something. will be watching.
Mitglied seit Jan 14, 2010
2299 Posts
Jan 30, 2016 at 11:27
Mitglied seit Jan 14, 2010
2299 Posts
As far as chart, I see Brend can go $39-42 and may be more. Which does not mean the down trend is over...
Basically I am waiting.
Basically I am waiting.
Mitglied seit Oct 02, 2014
909 Posts
Mitglied seit Jan 14, 2010
2299 Posts
Feb 06, 2016 at 09:31
(bearbeitet Feb 06, 2016 at 09:32)
Mitglied seit Jan 14, 2010
2299 Posts
Crude is not where I would like it to be to go short . Happily I have no attachment to crude at this moment. It is sugar and gas. But seems I am over the gas now. I have tried to short it from various levels but seriously, it is at $2. How far down it can go and considering PA stop should be pretty wide. Is there any reasonable r:r. i do not think it will go to $0. $1.5?
Sugar is different thing., I am sticking to this short despite entering a bit lower form daily signal, I am ok on weekly signal.
closed gas short again. i am down 2% on gas attempts alone. over have no idea how many trades.
The thing is, I am afraid of what market can do and trading futures for 3 years both demo and live really made me quick in running for exits. It is the only way to survive and fight another day.
Basically, I will stick to weekly chart ignoring daily. t is mostly very very choppy.
I have few trades from weekly coming. hope they will work.
Sugar is different thing., I am sticking to this short despite entering a bit lower form daily signal, I am ok on weekly signal.
closed gas short again. i am down 2% on gas attempts alone. over have no idea how many trades.
The thing is, I am afraid of what market can do and trading futures for 3 years both demo and live really made me quick in running for exits. It is the only way to survive and fight another day.
Basically, I will stick to weekly chart ignoring daily. t is mostly very very choppy.
I have few trades from weekly coming. hope they will work.
Mitglied seit Jan 14, 2010
2299 Posts
Feb 08, 2016 at 19:00
Mitglied seit Jan 14, 2010
2299 Posts
So, we are in. i am worried a bit about wheat cause tomorrow are The News. The only news that matter for grain markets. 12:00-12:15 EST.
Mitglied seit Oct 11, 2013
775 Posts
Mitglied seit Oct 11, 2013
775 Posts
Mitglied seit Oct 11, 2013
775 Posts
Mitglied seit Aug 30, 2015
4 Posts
Mitglied seit Jan 14, 2010
2299 Posts
Feb 19, 2016 at 09:03
Mitglied seit Jan 14, 2010
2299 Posts
I am watching oil, but not yet.
Mitglied seit Jan 14, 2010
2299 Posts
Feb 19, 2016 at 09:06
Mitglied seit Jan 14, 2010
2299 Posts
I have to say that while many times my entries are absolutely fantastic my trade management sucks so far. i am looking for trade management rules. I was short eur/jpy, gbp/jpy, nzdjpy and closed all for small profit after price spiked against me. was +5% floating and now would have been some 8% floating. Definitely trade management rules is where I must concentrate.
One thing I am actually good at is money management and risk control.
Basically it is work in progress.
I have short term day trading psychology which was fine with futures considering size, but here I am always fearful of what market can do and close trades when see even slight DD.
I entered Bund long with small size. was cutting size due to losing streak.
One thing I am actually good at is money management and risk control.
Basically it is work in progress.
I have short term day trading psychology which was fine with futures considering size, but here I am always fearful of what market can do and close trades when see even slight DD.
I entered Bund long with small size. was cutting size due to losing streak.
Mitglied seit Jan 14, 2010
2299 Posts
Feb 19, 2016 at 09:08
Mitglied seit Jan 14, 2010
2299 Posts
I think oil might spike but the trend might be not over. hell, nobody knows when this thing turns. Nobody expected oil to drop form $100 to this low too. Trend of the year no doubt. and ruble.
Mitglied seit Jan 14, 2010
2299 Posts
Feb 20, 2016 at 10:09
Mitglied seit Jan 14, 2010
2299 Posts
alexforex007 posted:
WTI Oil keeps rallying to the 32 zone, but the bearish trend at the longer term is still bearish.
Concur.
PA shows it shrugged all bullish news. The question is about timing to short it.
Mitglied seit Jan 14, 2010
2299 Posts
Feb 20, 2016 at 10:11
Mitglied seit Jan 14, 2010
2299 Posts
Leclaireur posted:
Freeze production from Russia and Saudi Arabia plus 2 very nice strong bullish daily candles showing up, this thing is ready to climb high!!
Looks like that the news so far has not produced anything tangible. If price is not popping on bullish news it is going down. i am looking to sell. Need PA confirmation. it is consolidating now.
Mitglied seit Oct 02, 2014
909 Posts
Mitglied seit Oct 02, 2014
909 Posts
Mitglied seit Jan 14, 2010
2299 Posts
Feb 28, 2016 at 12:04
Mitglied seit Jan 14, 2010
2299 Posts
arigoldman posted:
About 3% down on Friday.
I am doing nothing yet. It is messy.
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