just went long oil...

[diligent]

comments?

 

[Trader273]

good luck

 

[diligent]

that works - thanks buddy

 

[steve0617]

Quote from diligent:

comments?

Reason? Time frame? Pieces used to make decision? Entry point? Target exit point? Stop point? Contract? Symbol even?

 

[diligent]

in the daily timeframe 9/15 is a convincing hammer in my eyes - also, in the 5 minute timeframe i like the RSI making a higher low this morning.

i will not hesitate to get out of this trade if it comes close to my stop

 

[Surdo]

Where are you long and which contract?
If you want anybody to take you seriously, how about some details.

 

[diligent]

i know the overhead is expensive, but i am trading USO - which im sure many of you think is a waste, but its all i have access to at the moment - long at 58.62

is anyone else long USO?

if not im not taking any of you seriously. lol

 

[brownsfan019]

Diligent - take a look at the QM as well for trading in Crude. It's the miny futures contract. At $12.50/tick it is a nice market to trade in and the volume lately has been nice.

 

[diligent]

out at 58.6501

carry on.

 

[Surdo]

Nice Trade!