20060228 Waiting for the setup. 

Crude Oil futures chart

20060227 No pattern that fits 3 consecutive up or down closes in our setup, waiting. 

Crude Oil futures chart

20060226 I was surfing throught the web when I chance on this page "Are you looking for leverage into the Oil Market?" I think this is significant in possibly signalling the end of the Crude Oil market bubble that has hyped and built up over the past few year. Whenever there is a new fund r product (structured or otherwie) is launched, it usually signals the end to the trend for that commodity/instrument. 

Crude Oil futures chart

20060224 An up candlestick, so no trade setup, count starts again. 

Crude Oil futures chart

20060223 Hae the 2nd day of down move. If today ends down with black candlestick can take long trade tomorrow n the open. 

Crude Oil futures chart

20060222 A down day today, following the 3 consective up days. 

Crude Oil futures chart

20060221 Last trade closed out. Waiting for the next setup. 

Crude Oil futures chart

20060217 Daily QM chat shows the move to take the long positin into a good profit. This is the exception rather than the rule, gains of this magnitude come once in a blue moon. 

Crude Oil futures chart

20060217 9:30 am ET. Good move up, makes the long swing trade entered at 58.10, a good one, after the previous breakeven stop out.

Crude Oil futures chart

20060216 The long position worked out well today with a strong bounce in the crude oil price. 

Crude Oil futures chart

20060216 10:09 am ET. Price reached an overnight high of 58.62, which augers well for the long positioin. 

Crude Oil futures chart

2006025 Trailing stop hit and took out the long position. Today long again at US58.10, for the capitulation move. 

Crude Oil futures chart

20060215 Further gains going into open outcry session. The setup seems to be quite reliable or the swing trade.

Crude Oil futures chart

2006024 We have the 3 consecutie down days, price falls below us60 per barrel. Long on the open today 59.35. 

Crude Oil futures chart

20060213 A second day of down candlestick. Waiting to see if today ends up down to take longs tomorrow. 

Crude Oil futures chart

20060210 Down day in crude oil. 

Crude Oil futures chart

20060209 After 3 days down, a small up day, but intraday crude did reach above 63, so the long position at 62.55 was in profit. 

Crude Oil futures chart

20060208 3rd consecutive dwn day. Long at the market at 62.55. Let's sse how this trade does. 

Crude Oil futures chart

20060207 A second consecutive day of losses, looking for action on 8/2/2006 to determine if a setup for long trade comes up. 

Crude Oil futures chart

20060206 Mov avg level caps the up move. Staying flat to wait for the next setup. 

Crude Oil futures chart

20060203 An up day, as expected after 3 ocnsecutive down days. This is a high probability pattern. 

Crude Oil futures chart

20060202 We have the 3rd day down today with a plunge in the crude oil price. Should have an up day today, if the pattern holds. 

Crude Oil futures chart

20060201 A 2nd down day. If the close of 2 Feb is down sets up opportunity of a swing trade long. 

Crude Oil futures chart

20060131 After 3 straight days gains, a day of falls. This pattern is peculiar to the crude oil market. 

Crude Oil futures chart