"Just Oil"
Mitglied seit Jan 14, 2010
2299 Posts
Jun 06, 2011 at 09:16
it makes easier when concentrated on one instrument. no divided attention.
Mitglied seit Jan 14, 2010
2299 Posts
Jun 06, 2011 at 09:20
if I am not mistaken there might be good shorting opportunity in making if things go as I expect from here.
Mitglied seit Jan 14, 2010
2299 Posts
Jun 06, 2011 at 15:13
1% up today. decided to call it a day. not to be greedy. missed last great opportunity. missed entry while watching something else.
Mitglied seit Jan 14, 2010
2299 Posts
Jun 07, 2011 at 08:14
narrow range 98.80-99.00. so far it looks little bit bullish. I will not trade it but interesting where price decides to go today.
Mitglied seit Jan 14, 2010
2299 Posts
Jun 07, 2011 at 08:15
I found out that I do not need to trade London to make money., Numex session is way more liquid and volitile.
Mitglied seit Jan 14, 2010
2299 Posts
Jun 07, 2011 at 14:24
added 1%.traded back to the topof the last month but 0.5% down from all timehigh. will stop. continue tomorrow. 2 trades. 1 loss i win.
Mitglied seit Jan 14, 2010
2299 Posts
Jun 08, 2011 at 08:35
I see there was very nice short opportunity. head and shoulders on 5-15 min chart. looks beautiful
Mitglied seit Jan 14, 2010
2299 Posts
Jun 08, 2011 at 08:36
it's pity myfxbook doe snot support imadeshack as I cannot set images when I want to. this one looks gourgeous :)
Mitglied seit Jan 14, 2010
2299 Posts
Jun 08, 2011 at 13:48
Opened PC to find this nice $2.5 move.at the moment it is too late for now till 10:30. oil inventory news are at 10:30 then I will start looking for trading opportunity
Mitglied seit Jan 14, 2010
2299 Posts
Jun 08, 2011 at 16:09
ended 1.5% up.had 2.5 DD on 3 trades. had bad entry. did not wait for retracement , should have.couldhave exit trade with profit before getting stopped at loss. noticed triangle and waited. when I saw price moved for breakout in another direction,entered one position,as i saw confirmation i added 2more positions mental stop was pretty tight. short was 2 positions at 100.45-100.46. bad entry. long were 3 trades between 100.96-101.00.was going to addmore to short had it worked. same with long.i enter positions as I see pricemoves in my direction. too much leverage used, but in long case i would not let price to hit stop. risk wouldbe 2-2.5%. entered long agan at 101.41.moved stop to be too early.got stopped.
Mitglied seit Jan 14, 2010
2299 Posts
Jun 08, 2011 at 16:09
pricee making new highs but iamleft behind.
Mitglied seit Jan 14, 2010
2299 Posts
Jun 08, 2011 at 16:11
my my. should not have moved stop :(
Mitglied seit Jan 14, 2010
2299 Posts
Jun 08, 2011 at 16:24
practically hit my target.i was expecting it to hit near 101.90 and coming down.I will callit a day and continue tomorrow.
Mitglied seit Jan 14, 2010
2299 Posts
Jun 08, 2011 at 21:21
Again head and shoulders. Could be nice trading opportunity but I will most probably let it go. do not like Asian session anyway.
Had it been Numex would take it on confirmation. risk should be small anyway.
Had it been Numex would take it on confirmation. risk should be small anyway.
Mitglied seit Jan 14, 2010
2299 Posts
Jun 08, 2011 at 21:22
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Mitglied seit Jan 14, 2010
2299 Posts
Jun 08, 2011 at 21:23
yeah, looks nice.
Mitglied seit Jan 14, 2010
2299 Posts
Jun 09, 2011 at 08:43
neckline is being tested.
Mitglied seit Jan 14, 2010
2299 Posts
Jun 09, 2011 at 08:44
there is also a triangle price came down from uppwer level and testing lower levvel. 101.39 is s/r level from previous high cutting triangle in 2.
Mitglied seit Jan 14, 2010
2299 Posts
Jun 09, 2011 at 08:46
liquidity is low now however. I can already clear see this and the method is simply. go to 1` minute chart. when 1 min chart is readable and clear like 5-1H chart and price action is clear it means volume is there.
Mitglied seit Jan 14, 2010
2299 Posts
Jun 09, 2011 at 08:47
line is being tested. lower low.
