K i just saw a triangle form, waited to see which side it broke out to...
(long), along with dow, and so i got my fill price at 49.34, 30ticks s/l target ste to cash in when oil hits 49.90
K just pulled that trade to take 10ticks after spread profit..
I pulled abot 40ticks below my target, but thats cos the market is just moving so sooo slowly and limply, that i just didnt feel taht it would make it.
I did close my stoploss every single second that each tick profit came my way.
Im so so sooo glad that i read more of Annek's thread upto the page wher ehe wrote about 'triangle breakouts'.
I dont get why that trade and the 1 before were both at just £1 per tick though!! :eek:
But atleast i do now feel ALOT more comfortable trading this way, and ive taken 90ticks profit (after spread) so far this morning, when the market alone has only had a range of about 65ticks...
I just wish i had done all trades at £2 per tick, since im only at £117 so far this morning..
Oooooh im happy now cos i was not only right about taking profit where i did, but also right about that level becoming a support leg in an uptrend start in oil.
Time to have a shower as im all sweaty now though, and then i think ive deserved to eat a breakfast this morning..
P.S Soz if i posting on here too much now, its just cos the market is so dull and im just waiting fr it to start a trend again, i have alot more spare time on my hands now.
Hes on here harping on his nonsense about me because he created a thread saying he hates Annekdoton sinc ehe gives loads of help to ppl on here for free when he 'had pain' learning...