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"Just Oil"
Member Since Jan 14, 2010
2279 posts
Jan 15, 2012 at 13:06
(edited Jan 15, 2012 at 13:06)
In short, unless Iran makes some stupid moves I think the probability is good for oil going down even more for some time.
The level which for me is the border between up and down trend is 100-100.50 approximately with 100.19 being the most important.
The level which for me is the border between up and down trend is 100-100.50 approximately with 100.19 being the most important.
Member Since Jan 14, 2010
2279 posts
Jan 17, 2012 at 07:55
shorted oil as there were signs of weakness but closed then for -20 pips and reversed. currently long. closed part of position to covers small loss and + some gain. was risking it and currently stops to BE.targeting 103.00 with one position and may be beyond with second.
charts here:
http://fxtrade.oanda.com/community/fxmessage/ultimatebb.cgi?ubb=get_topic;f=16;t=012757;p=119#001779
charts here:
http://fxtrade.oanda.com/community/fxmessage/ultimatebb.cgi?ubb=get_topic;f=16;t=012757;p=119#001779
Member Since Jan 14, 2010
2279 posts
Jan 19, 2012 at 09:57
OK, the week is up but half of what should have been. I wonder why I did not take off the full position of +100+ pips when leaving. good that at least took half. few good trades. 3 losers.
I post some of my trades in here:
http://fxtrade.oanda.com/community/fxmessage/ultimatebb.cgi?ubb=get_topic&f=16&t=012757&p=121#001812
I post some of my trades in here:
http://fxtrade.oanda.com/community/fxmessage/ultimatebb.cgi?ubb=get_topic&f=16&t=012757&p=121#001812
Member Since Jan 14, 2010
2279 posts
Jan 19, 2012 at 10:00
done till Monday
Member Since Jan 14, 2010
2279 posts
Jan 20, 2012 at 18:15
Just checked. Nice moves for Friday. The most important there were trades from trend line and support areas which I would take for sure. Anyway, I need Fridays to sleep. Plenty of other opportunities on other days.
I am not connecting account to myfxbok only cause until i have normal trading time without leaving trades running without me watching I cannot be sure how things might go. Will open new account soon.
I have traded back 1/3 of my total loss from original account. things move slowly but until summer I do not care much.
I am not connecting account to myfxbok only cause until i have normal trading time without leaving trades running without me watching I cannot be sure how things might go. Will open new account soon.
I have traded back 1/3 of my total loss from original account. things move slowly but until summer I do not care much.
Member Since Jan 14, 2010
2279 posts
Jan 22, 2012 at 22:07
e/u gaped down. Now I wonder if oil gonna make a gap down as well.
forex_trader_36599
Member Since May 13, 2011
1329 posts
Jan 22, 2012 at 22:14
possible
Member Since Jan 14, 2010
2279 posts
Jan 22, 2012 at 22:15
I currently set e/u window along with oil window and watch. they are both pretty correlated as oil is being traded in green bucks. I only wonder if it can be used somehow.
Member Since Jan 14, 2010
2279 posts
Jan 22, 2012 at 22:16
I think it is very possible. You might check premarket close price action, last candles and support created below. It is now a sh*t magnet.
forex_trader_36599
Member Since May 13, 2011
1329 posts
Jan 22, 2012 at 22:22
thats the reason I trade 3 angular. due each EU move is not the EU move. some are coming from GU & EG 3angular corolation. so if I were you I would also watch USDX.
Chikot posted:
I currently set e/u window along with oil window and watch. they are both pretty correlated as oil is being traded in green bucks. I only wonder if it can be used somehow.
Member Since Jan 14, 2010
2279 posts
Jan 22, 2012 at 22:29
what is EUDX? DAX?
Member Since Jan 14, 2010
2279 posts
Jan 24, 2012 at 14:54
so far account is up. shorted today from 101.04 with stop at 101.32. got 60 pips. was really nice trade. lost previous short -25 pips.
forex_trader_36599
Member Since May 13, 2011
1329 posts
Jan 24, 2012 at 14:58
"USDX" USD price index
Chikot posted:
what is EUDX? DAX?
Member Since Jan 14, 2010
2279 posts
Jan 24, 2012 at 15:06
Thanks Steve.
Member Since Jan 14, 2010
2279 posts
Jan 24, 2012 at 23:40
(edited Jan 24, 2012 at 23:42)
n
Member Since Jan 14, 2010
2279 posts
Jan 24, 2012 at 23:45
http://www.myfxbook.com/files/Chikot/oil.bmp
Attachments:
Member Since Jan 14, 2010
2279 posts
Jan 25, 2012 at 10:36
[URL=http://imageshack.us/photo/my-images/213/oilrj.png/][IMG]http://img213.imageshack.us/img213/3454/oilrj.png[/IMG][/URL]
Uploaded with [URL=http://imageshack.us]ImageShack.us[/URL]
Uploaded with [URL=http://imageshack.us]ImageShack.us[/URL]
Member Since Jan 14, 2010
2279 posts
Jan 25, 2012 at 10:40
lost a couple of trades. traded back and if this one goes where I hope it goes will be in profit today. currently +40 pips. been up to 54 pips target 98.75 = 100 pips. will leave it running.
http://www.myfxbook.com/files/Chikot/oil_Uj.bmp
http://www.myfxbook.com/files/Chikot/oil_Uj.bmp
Attachments:
Member Since Jan 14, 2010
2279 posts
Jan 25, 2012 at 10:41
(edited Jan 25, 2012 at 10:42)
do not want to close it now despite that i am leaving cause I am safe and trend line seems broken. 99.50 also has held. so, let's see. the obstacles are yesterday low 98.24 and 98.00 as resistance.
Member Since Jan 14, 2010
2279 posts
Jan 25, 2012 at 14:42
just came back and closed for +60 pips. was up to almost 85 pips which almost 3:1 r:r. better pick it now/. looks like higher low.
