Thursday, June 23, 2011

Thursday June 23

Today was extremely difficult..... ------   Volatility was explosive , especially on Crude..
.....  Very difficult day to trade...  Here are my today´s trades. .. . .

This first one was a stop out - minus 15 ticks  x 2 contracts,  so down 300 dollars on my first trade.

--  On picture two here to the right.. ..    I tightened up my stop to minimize risk ,
 because now I am on recovery mode because of first trade was a loser.... 
Second trade was a loser aswell  - minus 3 ticks  x two contracts  ...   Not a good start this morning .. .















Next crude trade was a loser aswell . . Blew right through stop  .So here again minus $ 300














Next one was a winner. . ..  Here I moved my stop higher ( 2 ticks above swing high ) to give it more wiggle room .. But was a very stressful trade .. . haha. .  yehh .. . . 
........... Thats what can be expected trading crude oil... !!!!!














One trade on Gold today ...   Was a good one for the recovery for the day here... . 
............Not too bad for me today !!  Small loss..    But not bad at all .. .















2 comments:

  1. First day on your blog and like the fact you are trading price action. Are you using just prior price for S&R and do you look at different time frames.Keep the posting and good luck

    Mark

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  2. This trading method is based on what they guys at Tradeprecision.net teach , check out their 5 day free trial , you might like this style of trading...

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