A new crude oil month, a new President, onward and upward my friends.
I'll leave the new President alone for now (so LT doesn't get mad at me) and concentrate on the new crude month.
A very strong up move in the morning brought forth a plethora of 5 minute blue bars. I took the first trade, bagged my target, and congratulated myself for the very self evident genius at work.
Then came the second trade.
Twas not my fault, I swear.
Limit long at 42.38, price on the chart does not go over .36, I get filled at .37, price then plummets through my stop and I bail for a 25 tic loser.
The signal was still intact, and technically my entry price was not hit so I went again at 42.38 and got a BE + 1. Well this is crude oil, so the fill was BE - 1.
These things happen, I want a product that moves, and I got one. Day was net positive so I guess it could have been worse.
5 Minute Crude Oil Chart
1 Minute Crude Oil Charts