Showing posts with label trading crude oil futures. Show all posts
Showing posts with label trading crude oil futures. Show all posts

8/04/2009

Crude Rolls On

Crude is restoring my faith in things that go up and down and make shiny blue bars.

2 Minute Crude Oil Chart
The first trade's entry bar was blue when I entered and then went yellow as it closed under the EMA, still a valid signal and worked out to target. I should not have taken that third trade (short) as the short EMAs were still on top of the long EMAs, and I got smacked for my efforts.

Still a nice day.

Soybeans were quiet again with one nice move that I didn't take as I was done after the early crude trading. This soybean chart can go in the business plan as the ultimate signal, we see the range expand, bars go blue, pull back to the EMA, break of previous bar high off the bounce, in we go, target we hit.

It could be the best trade set up I never took.

1 Minute Soybean Chart

6/18/2009

We the Living

Should live life to the fullest and die with our boots on.

Photograph by: Walter Tychnowicz, Edmonton Journal, file

"Douglas Matheson took to the skies countless times after his career as a Second World War fighter pilot because he loved the feeling of freedom that flying gave him, friends say." By Cigdem Iltan, Edmonton Journal

While I'm still here I might as well trade some oil and beans.

1 Minute Crude Oil Chart

1 Minute Soybean Chart