2/25/2009

A Slight Tweaking

I have made a few slight adjustments to the magic blue bars as I have been suffering a major lack of magic these last few weeks. The parameters for the indicators are roughly the same but I have shortened the length required to obtain those parameters.

For example the 5 minute ATR and ADX are now a 5 period instead of an 8 period.

Barrel count today and you see the crazy price action on the 1 minute chart at 8:30 MST. That kind of price action is tame compared to how it used to act, back in the good old days.

I missed the first trade and caught the next 2, one for full target and one partial.

5 Minute Crude Oil Chart

1 Minute Crude Oil Charts

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