Archive for November 16th, 2012

To Finish off the week, +100 on Crude Oil

To Finish off the week, +100 on Crude Oil

Here's the daily chart of Crude Oil.. I actually saw the opportunity to trade it but didn't get a chance to enter until the following morning. The entry I was looking for was 8600 and I got it. From the Daily chart, you don't really see why I entered, the only clue here is that you can see the the price action seems to have stopped moving down and has just floated between 8500 and 8600 for a good few weeks. Anyway, if you look at the 2 hour charts, this is what you see: You can see

November 16, 2012 2 Comments Full Story