12/31/2008

My Old Friend

Crude oil.

Remember him, or is it her, probably him, it's crude.

Using the same trade criteria for crude, programmed in sierra, as the YM. Difference being crude oil actually moved. I will wait and see what the first week of January brings but may be moving back to crude oil if the YM doesn't start getting some intra day range.

Started looking for trades on the renko and 1 minute charts after price broke through (arrow) on the 5 minute chart with blue bars in place.

5 Minute Crude Oil Chart

1 Minute Crude Oil Chart

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