"Just Oil"

Apr 29, 2011 at 16:28
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1,794 Replies
Member Since Jan 14, 2010   2299 posts
Jun 13, 2011 at 17:02
it's falling but I will stay away.
Member Since Jan 14, 2010   2299 posts
Jun 13, 2011 at 17:03
I shorted it but was not sure if it will run. do not feel safe to enter after the fact.
Member Since Jan 14, 2010   2299 posts
Jun 14, 2011 at 09:28
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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Member Since Jan 14, 2010   2299 posts
Jun 14, 2011 at 09:36
small pin bar formed form lower line, so I closed everything.
Member Since Jan 14, 2010   2299 posts
Jun 14, 2011 at 09:38
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.
Member Since Jan 14, 2010   2299 posts
Jun 14, 2011 at 17:03
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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Member Since Jan 14, 2010   2299 posts
Jun 14, 2011 at 17:05
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.
Member Since Jan 14, 2010   2299 posts
Jun 14, 2011 at 17:16
well,case in point.it droped 40-50 pips. no need to chase the market. another opportunity is right around the corner.
Member Since Jan 14, 2010   2299 posts
Jun 15, 2011 at 09:29
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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Member Since Jan 14, 2010   2299 posts
Jun 15, 2011 at 09:33
closed half for 20-21 pips. take profit 98.06 , entry 98.46 , stop was 98.70 and now is 98.45
Member Since Jan 14, 2010   2299 posts
Jun 15, 2011 at 09:41
closed the rest as 98.19 was holding strong and I am leaving. No trading today as I will be away.
Member Since Jan 14, 2010   2299 posts
Jun 15, 2011 at 16:38
Nice woves. Pity I was not here to capitalize.
Member Since Jan 14, 2010   2299 posts
Jun 15, 2011 at 21:11
Holy smokes. I shorted this thing at 97.91 but just 15 min before leaving for work.
Closed trade at BE after being in it for 10-15 min, closed PC and left and now I see it run 300 pips down. MY my.
You never know...
Member Since Jan 14, 2010   2299 posts
Jun 15, 2011 at 21:18
I must be Irish.
Member Since Jan 14, 2010   2299 posts
Jun 16, 2011 at 09:28
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enter: 95.29. stop 16 pips at 95.45. closed half position 25 pips around 95.00. stop to be.
Member Since Jan 14, 2010   2299 posts
Jun 16, 2011 at 09:29
stop at BE +1 pip for fees.
Member Since Jan 14, 2010   2299 posts
Jun 16, 2011 at 09:34
already +50 will move stop
Member Since Jan 14, 2010   2299 posts
Jun 16, 2011 at 09:34
60
Member Since Jan 14, 2010   2299 posts
Jun 16, 2011 at 09:37
locked 40 pips. take profit 94.19.
Member Since Jan 14, 2010   2299 posts
Jun 16, 2011 at 09:38
locked 60. it it moves above 94.50. better out.
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