Monday, July 31, 2006

20060731 Crude Oil still stuck in range. Posted by Picasa

Crude Oil futures chart

Friday, July 28, 2006

20060728 Crude oil breaks out to downside. We'll see on opening Monday to short. Posted by Picasa

Crude Oil futures chart

Thursday, July 27, 2006

20060727 Nymex crude oil is ranging. Looking to take trades off breakout. Posted by Picasa

Crude Oil futures chart

Wednesday, July 26, 2006

20060726 No clear signal setting up. Posted by Picasa

Crude Oil futures chart

Monday, July 24, 2006

20060724 Working on 3 days up, short indicated on another up day. Posted by Picasa

Crude Oil futures chart

Friday, July 21, 2006

20060721 Day was up. Count resets to 1 up. Posted by Picasa

Crude Oil futures chart

Thursday, July 20, 2006

20060720 2nd day down. Posted by Picasa

Crude Oil futures chart

Wednesday, July 19, 2006

20060719 Stopped out of the long position. Count resets to 1 down. Posted by Picasa

Crude Oil futures chart

Tuesday, July 18, 2006

20061718 3 days down, so we go long 73.675. Posted by Picasa

Crude Oil futures chart

Monday, July 17, 2006

20060717 2nd day down, so looking for another to go long. Posted by Picasa

Crude Oil futures chart

Friday, July 14, 2006

20060714 The overreaction allowed a nice price to short at 78. This example shows how on a day where there is expectation of "super spike" to US100 per barrel, it is possible to make money by short. Posted by Picasa

Crude Oil futures chart

20060714 3:51 am EST. The manipulatin of oil prices provides some ticks profit to those astute enough to short at 78.00. Posted by Picasa

Crude Oil futures chart

Thursday, July 13, 2006

20060713 3rd day up. Short at 78, with stop. Posted by Picasa

Crude Oil futures chart

Wednesday, July 12, 2006

20060712 Count is 2 up. Working on 3rd day up for the short tomorrow. Posted by Picasa

Crude Oil futures chart

Tuesday, July 11, 2006

20060711 After 3 days down, yesterday provided nice rally, a classic pattern to trade the crude oil. Count is now 1 up. Posted by Picasa

Crude Oil futures chart

Friday, July 07, 2006

20060707 QM 2nd day down. Posted by Picasa

Crude Oil futures chart

Monday, July 03, 2006

20060703 Shorting on opening of electronic session turned out well. Posted by Picasa

Crude Oil futures chart