Search results

I suck at scalping so I'm trying to always go with the main trend. Seemed like a good countertrend spot but I broke my own rule (at least for now)

Out 77.95. Stupid trade.

Long 77.93

out at 77.95 I should just stop right here and call it a day.

Short 78.25 target 77.95 stop .45

Short 1142 Stop 1147 Target 1128-1133

short 78, stop 78.20

I'll be surprised if it goes much higher. my stop is at 1146.

Short 1140, target 1130.

Ive been saying for a while we would hit the 1140 area and then decline 3% - 5%. Like you, I will put the odds of that at 75%. Now, my bigger concern is that I'm actually seeing some signs of a potential double dip recession. Particularly, a recession driven by depressed consumer spending...

Thanks, thats helpful insight. Haven't been watching it that long so i thought it was something of a fluke. I am looking for a bottom between 70 and 75, but i think i'll sit out the downswing and look to get long at a lower price. unless there is a major change in the dynamics of crude, any...

Interesting special k. I haven't been trading crude long. Maybe 3 or 4 months in any sort of serious way. The thing i did notice during this time frame was that there occurred three serious, nearly continuous, directional moves with very little retracement, particularly in the earlier...

I'm expecting a slight run up in crude to 79 - 79.50...maybe even test 80....if it does I will get short in a big way and hope to ride down to $75. Lets see...i'll be surprised if it just continues straight down without any retrace.

out, escaped the whole situation with about a $25 profit. terrible trading on my part

Out of all CL positions and done for the day. Lost $180 screwing around scalping....lucky i escaped with such minor losses, the technique twas not pretty and could have turned out ugly. Up about $5k on SCO over the past two days, however....gotta stick to swing trading.

whats your target

Long at 31 target 33.50

Long 78.60 Stop 78

Closed all my short oil positions. Flat for the time being.

You might consider skipping the trader part and just get right to writing about winning strategies. Could be lucrative.