usman88's journal

Quote from usman88:

Exited at 4470 for 130 ticks profit. Bought 1 lot again at 4450.
Will post rationales later
More...

Stop is 4425

EDIT: Looks like ill be earning half my monthly profit today if things go as planned
 
Quote from usman88:

Exited at 4470 for 130 ticks profit. Bought 1 lot again at 4450.
Will post rationales later
More...

Exited the trade at 4520
What a day!
$2500 profit for the day
The rationale behind all these last trades was weekend fear buying. A tight stop loss in the beginning little loss even if I was wrong.
 
For monday I am expecting any upside move to cap at 4660 level and then head downwards; till 4500 in the European session and may drop further to 4300 in the NYMEX.

Ill be looking to short around 4650
 
Aloha mate... :)

Il be interested in following your journal, as you made some very decent trades and lots of great contributions to my journal.
 
glad someone finally started a cl journal. It will be fun to have more people to bounce ideas off of. Do you purely use ta or do you use other commodity correlations to cue on.

i just started trading oil this year and im finding it very enjoyable to scalp. Usually only trade it between 7:30 - 10:30 still have a real job :-(

here is what ive squeezed out of it so far.
 

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Quote from riskaddict:

glad someone finally started a cl journal. It will be fun to have more people to bounce ideas off of. Do you purely use ta or do you use other commodity correlations to cue on.

i just started trading oil this year and im finding it very enjoyable to scalp. Usually only trade it between 7:30 - 10:30 still have a real job :-(

here is what ive squeezed out of it so far.
More...


ALoha mate, always nice to come into contact with other oil traders... :)

You got a very big account size for someone who still does a 2nd job at the same time tho.. :confused:


If you into day trading crude and wana chat with me, usman, and a couple of other oil traders daily we would be happy for you to join our little group in my journal... :cool:

http://www.elitetrader.com/vb/showthread.php?threadid=134046
 
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