Wednesday, May 31, 2006

Aerial tactics could be the ploy for Socceroos v Japan

(From The Age: http://www.theage.com.au/news/soccer-world-cup-2006/aussies-can-exploit-japans-weakness-arnold/2006/05/31/1148956418117.html)
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Crude Oil futures chart

20060531 Short play from 72.075 worked out well. Posted by Picasa

Crude Oil futures chart

20060531 10:11 am EST. Short trade is working now. Posted by Picasa

Crude Oil futures chart

Tuesday, May 30, 2006

20060530 3 up days. Short 72.075. Posted by Picasa

Crude Oil futures chart

Friday, May 26, 2006

20060526 2nd day of gaining candle, count is at 2. Interesting to note the 123 pattern the past 3 bers before the current bar. So we have high probability to get 3 consecutive up bars for the short setup. Posted by Picasa

Crude Oil futures chart

Thursday, May 25, 2006

20060525 The locals and the oil companies on the floor not obliging,another count reset. Posted by Picasa

Crude Oil futures chart

Wednesday, May 24, 2006

20060524 Didn't get the 3rd straight up candle. The cartels on the pits didn't oblige, so count resets to 1 down. Posted by Picasa

Crude Oil futures chart

Tuesday, May 23, 2006

20060523 2 consecutive up candles, so count is now 2. Posted by Picasa

Crude Oil futures chart

Monday, May 22, 2006

20060522 Count resets to 1, with an up candle. Posted by Picasa

Crude Oil futures chart

Friday, May 19, 2006

20060519 Count is 1 down. Still within a choppy action. Posted by Picasa

Crude Oil futures chart

Thursday, May 18, 2006

20060518 Count is 1 up. Posted by Picasa

Crude Oil futures chart

Wednesday, May 17, 2006

20060517 Crude oil count starts again at 1 down. Posted by Picasa

Crude Oil futures chart

Tuesday, May 16, 2006

20060516 Spinning top, but up candlestick, so count starts at 1. Posted by Picasa

Crude Oil futures chart

Monday, May 15, 2006

20060515 3 consecutive down days, normally would indicate a long, but the pattern looks to setup a head and shoulders top, we pass on this long. Posted by Picasa

Crude Oil futures chart

Friday, May 12, 2006

20060512 Holding the short into the close today, floating P&L US1.02 per contract. Posted by Picasa

Crude Oil futures chart

20060512 5:32 am ESt. Short in a small profit, but not much because we entered late. Posted by Picasa

Crude Oil futures chart

Thursday, May 11, 2006

20060511 3 days in a row up candles. shorts taken @ 72.70. Posted by Picasa

Crude Oil futures chart

Wednesday, May 10, 2006

20060510 Crude oil now on 2nd consecutive day of gains, if 11th May trading ends up, a short signal is in play. Bigger pattern shows possible H&S forming. Posted by Picasa

Crude Oil futures chart

Friday, May 05, 2006

20060505 Crude Oil forms a doji pattern, indicates uncertainty. Posted by Picasa

Crude Oil futures chart

Thursday, May 04, 2006

20060504 Crude Oil looks to confirmed a double top in place, so we suspend the count and start from here at 1. Posted by Picasa

Crude Oil futures chart

Wednesday, May 03, 2006

20060503 The short is for nice gain of over US2 per contract. Posted by Picasa

Crude Oil futures chart

20060503 9:46 am EST. 40 cents profit, time to take some off and move stop to break even. Posted by Picasa

Crude Oil futures chart

Tuesday, May 02, 2006

20060502 3 up days in a row, indications are for short at 74.85. Posted by Picasa

Crude Oil futures chart