Posts Tagged Trading

To Finish off the week, +100 on Crude Oil

To Finish off the week, +100 on Crude Oil

Here's the daily chart of Crude Oil.. I actually saw the opportunity to trade it but didn't get a chance to enter until the following morning. The entry I was looking for was 8600 and I got it. From the Daily chart, you don't really see why I entered, the only clue here is that you can see the the price action seems to have stopped moving down and has just floated between 8500 and 8600 for a good few weeks. Anyway, if you look at the 2 hour charts, this is what you see: You can see

November 16, 2012 2 Comments Full Story

Silver Trade – Good time to get out I think

Silver Trade - Good time to get out I think

I entered long silver last night. From the chart, it looked like the price action was retracing before a further move upwards. Something which has been bothering me lately are my exits so I think I am going to open two trades and close one when my usual signals tell me to and then try and hold the other trade for bigger gains. So I was long silver twice at 3243 with a stop at 3194. When I woke up in the morning, the price had bottomed at 3220 and I thought it would then move up. It starte

November 13, 2012 1 Comment Full Story

How I just grabbed a small fraction of the 300+ points on the Stock Market crash today

How I just grabbed a small fraction of the 300+ points on the Stock Market crash today

So it was an Obama victory and the Dow Jones fell over 300 points!! It was spectacular fall and a mass of profits to be made for those short. I actually had the perfect entry on this trade. I was short from 13230, near the close of yesterday candle. The market was in a downtrend on the Daily chart and you can see that the price had reject the 13300 level 3 times already and formed a resistance level. The thing about trading technical signals is that I don't really care about what's happeni

November 7, 2012 1 Comment Full Story

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