20060630 3rd day up, so will look to short the opening of electronic trade on Sunday. Crude Oil futures chart
Crude Oil Futures
Crude Oil has been on the radar screen of the public, politicians, economists, analysts and strategists, for the reason that it's price impinges on the prices of other goods. Hence it affects inflation and the cost of living. Blog chronicles trading in crude oil futures on Nymex.
Friday, June 30, 2006
Thursday, June 29, 2006
Wednesday, June 28, 2006
Monday, June 26, 2006
20060626 2 days up. If 27/6 ends up then we go short the Crude Oil futures on electronic market opening. Crude Oil futures chart
Saturday, June 24, 2006
20060623 Pattern count is 1 up. Not very convincing candle shapes to fit our plan past 2 days, so we skipped on some trades. Crude Oil futures chart
Wednesday, June 21, 2006
20060621 count is 2 up. waiting for positive close for 22/6 trade to go short. Crude Oil futures chart
Tuesday, June 20, 2006
Monday, June 19, 2006
20060619 The 3rd up candle was on Friday, so Monday electronic open indicated a short. Count now resets to 1 down. Crude Oil futures chart
Thursday, June 15, 2006
20060615 Count is 2 up, looking for short if 16 June closed up. To short on open of electronic trading on Monday. Crude Oil futures chart
20060615 Count is 2 candles up, wait for tomorrow (16 June) to close up then to short on Monday opening electronic trade. Crude Oil futures chart
Wednesday, June 14, 2006
Tuesday, June 13, 2006
Monday, June 12, 2006
Friday, June 09, 2006
20060609 Interesting, after 4 down days the market rebounded, so the longs after the previous 3 days would be in profit now. Count is now 1 up, but is worth taking a trade off 'morning star' reversal cnadlestick formation when the market opens on Monday.(electronic session) Crude Oil futures chart
Thursday, June 08, 2006
20060608 Long position on the open yesterday was stopped out for 1.00. Reseting the count to 1 down. Crude Oil futures chart
Tuesday, June 06, 2006
20060606 2nd day down, albeit last 2 cnadles are indecisive spinning top. If get another down day cna look to go long. Crude Oil futures chart
Monday, June 05, 2006
Friday, June 02, 2006
20060602 Crude Oil shows an engulfing bullish pattern. Could signal start of uptrend. But count is 1 up. Crude Oil futures chart
Thursday, June 01, 2006
20060601 Official start of 'hurricane season'. But we will stick to our guns, and ignore the price manipulation attempts. 2nd consecutive down cnadle today, looking for the 3rd to go long. Crude Oil futures chart