I pulled the trade at market .65 (got 1tick slippage to .64),
and so after spread that filled me out at .58
The reason i got out there is cos you can see how it went all the way from 44.00 up to here 45.66, and yet it took about 4hours to do it!! :eek:
SO that means it really really was strugling to go up,
But then when you look at the down spikes and pullbacks...,
look how big and steep and fast and vicious they were!!
That means there are loads of sellers there waiting to prey of every peak.
So after having oil rind up to .66 (i had so so so many dreams over the last 9hours about how i had already pulled that trade at great rice, but these were seriously freaky creepy dreams),
but i came to my laptop to check, and foundout they were just dreams! lol
But so i saw oil at the .46s, had seen from the longerterm charst 10/15/30mins that there reistance at 45.63, and so knew that if we broke the .46 level it would have to go trough .63 also to get to .86s
When i saw how how it spiked from the .40s to .60s in vertical line in 2seconds though i could tell the move was dead now, as spikes like that are weak and get sold off fast,
i missed my chance to get out 1st time at .66 market, it fell down to the .40s, i was thinking FUCK!!
i bounced back as i knew it would but i had no way of knowing if itd do a head n shoulders, or go up slightly for to double top.
When i saw that double top fro it was a huge blaring sign to dump that trade and just take the cash n run!!
So i did that.
And you can see for yourslves this move when it comes too now, since if you see an uptrend that takes hours n hours to form, has every peak sold of steeply and sharply, you can know that if you get your sells in anywhere close to the top even,
you will have them go into profit without too much wait.
and so after spread that filled me out at .58
The reason i got out there is cos you can see how it went all the way from 44.00 up to here 45.66, and yet it took about 4hours to do it!! :eek:
SO that means it really really was strugling to go up,
But then when you look at the down spikes and pullbacks...,
look how big and steep and fast and vicious they were!!
That means there are loads of sellers there waiting to prey of every peak.
So after having oil rind up to .66 (i had so so so many dreams over the last 9hours about how i had already pulled that trade at great rice, but these were seriously freaky creepy dreams),
but i came to my laptop to check, and foundout they were just dreams! lol
But so i saw oil at the .46s, had seen from the longerterm charst 10/15/30mins that there reistance at 45.63, and so knew that if we broke the .46 level it would have to go trough .63 also to get to .86s
When i saw how how it spiked from the .40s to .60s in vertical line in 2seconds though i could tell the move was dead now, as spikes like that are weak and get sold off fast,
i missed my chance to get out 1st time at .66 market, it fell down to the .40s, i was thinking FUCK!!
i bounced back as i knew it would but i had no way of knowing if itd do a head n shoulders, or go up slightly for to double top.
When i saw that double top fro it was a huge blaring sign to dump that trade and just take the cash n run!!
So i did that.
And you can see for yourslves this move when it comes too now, since if you see an uptrend that takes hours n hours to form, has every peak sold of steeply and sharply, you can know that if you get your sells in anywhere close to the top even,
you will have them go into profit without too much wait.
