Crude oil intraday | Page 2 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Intraday WTI journal + some thoughts 0 replies

making money intraday CL/WTI/OIL - no overnight holds 13 replies

Brent Crude Oil. Intraday and mid-term. Daily Matrix 32 replies

J1mm's Intraday Trend follow Strategy 86 replies

Mastering Crude Oil Intraday 5 replies

Attachments: Crude oil intraday
Exit Attachments

Crude oil intraday

  • #21
  • Apr 21, 2010 11:07am Apr 21, 2010 11:07am
Today was no trading oil did some forex market was choppy also inv report came out today.

But i have some nice spot might wanna play that on the FTSE.

-Head and shoulder on confuence with trendline is strong uptrend

http://i41.tinypic.com/2w32a1u.jpg
  • #22
  • Apr 21, 2010 4:11pm Apr 21, 2010 4:11pm
http://i40.tinypic.com/2q0qc1h.jpg
  • #23
  • Apr 22, 2010 4:08am Apr 22, 2010 4:08am
First Pick of the day I took the trade of the confluence area target are short aim for 30 40 pips profit.



http://i44.tinypic.com/15gs9q9.jpg
  • #24
  • Apr 22, 2010 4:24am Apr 22, 2010 4:24am
Oke banked some profit leave 1 open and set stopploss to break even
  • #25
  • Apr 22, 2010 4:25am Apr 22, 2010 4:25am
Quoting pippincream
Am I correct in saying that fundamentals plays a much bigger role in trading oil than technicals?



Hello Pippincream,

No fundamentals are not my main but i watch also bit news sell the rumours buy the facts




Oil so far


http://i42.tinypic.com/w18pbc.jpg
  • #26
  • Apr 22, 2010 5:06am Apr 22, 2010 5:06am
Oke Closed the last short all total.

opened 3 shorts 2x40 pips profit
1 SHort 1x100 pips


180 pips in 1 hour


I am off for the rest of the day

http://i39.tinypic.com/2e1xik1.jpg
  • #27
  • Apr 22, 2010 5:29am Apr 22, 2010 5:29am
Just went long to much support at 83.00 chart explains


http://i39.tinypic.com/14w7hcj.jpg
  • #28
  • Apr 22, 2010 5:32am Apr 22, 2010 5:32am
Closed longs

http://i44.tinypic.com/2mn0won.jpg
  • #29
  • Apr 22, 2010 5:41am Apr 22, 2010 5:41am
Gonna take a shower pending order 82.85 for another short
  • #30
  • Apr 22, 2010 7:04am Apr 22, 2010 7:04am
Order was triggered closed at 21 pips profit i am done today nice day

Tottally 3x short start: 180 pips.
2x longs retrace of 83.00 28 pips
1x pending order closed at target 21 pips


Tottaly for today 209 pips!!
  • #31
  • Apr 26, 2010 4:10am Apr 26, 2010 4:10am
SHorted oil i expexted retracement at confluence area resissistance and fib close half my position at touch 365 ma rest still remains to pivot stopp loss to breakeven.

http://i42.tinypic.com/ajsf8y.jpg
  • #32
  • Apr 26, 2010 6:29am Apr 26, 2010 6:29am
First was closed at touch of 365ma and the rest closed at mr 1 pivot wasnt able to break profit 50 pips first second 70 pips total 130 pips
  • #33
  • Apr 26, 2010 8:03am Apr 26, 2010 8:03am
if break 85.50
then we should see 87.00-60
Attached Image (click to enlarge)
Click to Enlarge Name: 1h.gif Size: 39 KB
  • #34
  • Apr 26, 2010 3:23pm Apr 26, 2010 3:23pm
It seems that no one is using bollinger bands for trading crude here.
Of course catching the bus when it turns is risky but given the volatility of
prices it can be also very profitable.
  • #35
  • Apr 26, 2010 8:53pm Apr 26, 2010 8:53pm
Quoting drowningman
It seems that no one is using bollinger bands for trading crude here.
Of course catching the bus when it turns is risky but given the volatility of
prices it can be also very profitable.
i use bb
on1h chart the yellow line is the midle line from bb a 20 sma
on my 30 m i use it
and on my renko i use it
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 1h.gif Size: 41 KB
Click to Enlarge Name: 30m.gif Size: 51 KB
Click to Enlarge Name: renko.gif Size: 50 KB
  • #36
  • Apr 27, 2010 4:54am Apr 27, 2010 4:54am
Really nice to have som other crude traders in here this are mine positions right now.

Only the buy i dont like so much take i bit let see how it goes


http://i42.tinypic.com/1z1g0mu.gif
  • #37
  • Apr 27, 2010 7:08am Apr 27, 2010 7:08am
The negative pressure continues on crude and nearing pivotal support 82.90. This makes us expect more bearish intraday direction, as long as a clear breach of mentioned support will push it towards 81.75 then 81.00. At the same time, keep in mind that breaching 84.25 will make the bearish technical pattern fail and lead the way for the bearish direction for today.
The trading range for today is among the key support at 80.35 and the key resistance at 85.60.
The short term trend is expected to the upside as far as 65.60 remains intact with targets at 88.00.
Support83.2582.9082.1081.7581.40
Resistance83.9084.2585.2585.9086.35

RecommendationBased on the charts and explanations above our opinion is selling oil with the breach of 82.90 targeting 81.75 and stop loss above 83.90, might be appropriate.
Attached Image (click to enlarge)
Click to Enlarge Name: oil27_04_2010_02.GIF Size: 20 KB
  • #38
  • Apr 27, 2010 7:31am Apr 27, 2010 7:31am
lets se if we get some retrace so it can build the right schoulder
Attached Image (click to enlarge)
Click to Enlarge Name: 4h.gif Size: 45 KB
  • #39
  • Apr 27, 2010 9:31am Apr 27, 2010 9:31am
Quoting bshcom
The negative pressure continues on crude and nearing pivotal support 82.90. This makes us expect more bearish intraday direction, as long as a clear breach of mentioned support will push it towards 81.75 then 81.00. At the same time, keep in mind that breaching 84.25 will make the bearish technical pattern fail and lead the way for the bearish direction for today.
The trading range for today is among the key support at 80.35 and the key resistance at 85.60.
The short term trend is expected to the upside as far as 65.60 remains intact with targets...
It is from oil and gold right?

They are many time wrongs with their analysis.

Oil is waiting for some big boys to jump in



And i am confussed if i should close my short

http://i43.tinypic.com/2re61kx.jpg
  • #40
  • Apr 27, 2010 9:50am Apr 27, 2010 9:50am
Lost some profit on my short but 3 longs running added another 1 wanna see a break above the previous candle to hold this 1 ( close above) close below 61.8 i close all positions ( some emontialy thing hitted me when i saw the spike. Otherwise i was still in the short

http://i43.tinypic.com/1t30xe.jpg
1 trader viewing now