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Crude oil 5896


Hey Vo!..contact me again! I deleted the e-mail!!!.....
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881
Great start KB. That's what I was talking about. :-)
Nice one Kool.What made you sell up there?
What strategy or indicators are you using? This set looks very promising.

Thanks,

Jack
Originally posted by sjzeno

Nice one Kool.What made you sell up there?
friend, if you open up the chart, you will see more... the projections were fairly obvious and the one min chart (not shown, confirmed the short term peak around 72.85. the 5 min rsi(5 period), not shown also was very overbought so i jumped in on a short...my one min chart showed the decline would go to 72.64, so i bailed a little in front of it at 72.70 for my exit. Same techniques as i have used on the es for years.
Originally posted by jgreene

What strategy or indicators are you using? This set looks very promising.

Thanks,

Jack
Man, that would take a while to explain ,Jack, but basically my price projection method, using rsi (5 period) and stochastics (3,3,5) as confirming indicators... maybe this will help...
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lesson 1
day #2.. look at the 'monster trade' i just missed early by 2 frekin pennies!!!!....
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882
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883
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884
...BOTTOM LINE , still feeling my way ,but off to a good start.. 3 trades in 2 days ,all winners for over 800 bucks total...this market is a goldmine!lol
If you want to trade the mud ,you have to start here...with the seasonals:
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cl
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crudeoil
nice one!

how many contracts are you trading on the CL