1/19/2010

'Long & Wrong'

Long & Wrong? That sounds familiar. Hmmmm.

So I ignored my own advice and took one trade today. Twas the only signal bar that had a subsequent entry bar in the day. Barely made target which currently is at my absolute minimum to trade.

If the trade had failed I would have posted how dumb I was for not staying out of this market. Since it worked I can say.....

No I can't, it was still a dumb trade. We need more range. We need LW to start moving his massively leveraged liquidity into the crude oil pit.

Something, anything, just make it move.

Please.

2 Minute Crude Oil Chart

6 comments:

Jules said...

Oil is dead....
so we like blue bars again.
yay!!

Solfest said...

eh?

longandwrong said...

I'll put $100 into a crude-trial when you do the sensible thing and start trading eur/usd (100 pip moves after insignificant(!) political news BUT with a 1 point spread).

Solfest said...

I'll get back to you on that.

daytrader233 said...

Try 2 TICK charts instead of these slow 2 minute charts. I bet ya see some blue bars then!

Solfest said...

Right.

I'll get back to you on that.