2/10/2010

Crude Oil

Crude is moving again, finding some range and direction and staying there for a while. I have removed the "curbs" from the blue bars and am trading more aggressively in the direction of the major trend.

How does this day trader define major trend?

60 minute, 10 minute, 15 minute, something along those lines. Take the 2 minute signals in that direction and ignore the rest. Will miss some good trades as I did this morning but such is life.

2 Minute Crude Oil Chart

The best part is the chart looks much prettier with more blue bars.

I missed the last move as I had to step out for a while.

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