Archive for March 24th, 2013

Crude Oil takes out my stop and then Rallies

Crude Oil takes out my stop and then Rallies

I got a good entry into Crude Oil last week. I was long pretty much at the bottom of the green candle after the large move down. I had my stop at below the large red candle at 9230. During the day, the price action rallied and I was 60+ points up and the trade was looking good. However, the following morning the price action  fell and hit my stop and then bounced strongly upwards. This is really unlucky and I think the entry was a good one. However, these things happen when trading an

March 24, 2013 No Comments Full Story