Wednesday, March 13, 2013

Day trading Crude Oil

Day Trading Crude Oil , Update on my Short Trade.
[caption id="attachment_6274" align="alignleft" width="150"]day trading oil day trading crude oil[/caption]

Day Trading Crude Oil on QM 04-13 E-mini 1440min:

We are now at my "small resistance". So far no one control the QM.But sellers use very well the "small Resistance". As I mention  on Crude Oil last post, if we go short at my "small resistance" point, I pass, for lack of profits.  and because sellers may lose momentum at double bottom by going to fast. I'm still watching Crude Oil Short Trade. If buyers succeed by bring the price at my "Reversal Point". But it won't be easy.  To go short now: Sellers need to be supported by "small resistance",until buyers decide to give up. , careful for "head fake" on Buyers Side. I'm watching very carefully Bonds / US Index and Commodity and US$. If I get what I want, Next weak, I'm looking for great position to "call" and take.    [...]

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Day Trading Gold

Day Trading Gold Update on Last Post

[caption id="attachment_6269" align="alignleft" width="150"]gold trading day trading gold[/caption]

Day Trading Gold GC 04-13 E-mini 1440min:

Like on Silver, volume to low. Was looking for at least 200k Volume Spike on my Direction "Long" or "Short". We did not even go to my Mid-Line. Loosing momentum. Like on Silver, Sellers will try to go back to the double bottom at ~1560. on Friday close, will see how thing are going on Gold/Silver. My Short and Long target are not the same, since last time.

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Day Trading Silver

Day Trading Silver Update about my Call Long and Short.

[caption id="attachment_6265" align="alignleft" width="150"]Silver Chart Day trading silver[/caption]

Silver Day trading Update on 1440min SI 05-13 E-mini Futures.

Not much to say about, I was looking for Strong commitment, None...volume did not even go back to the previous high buyers Spike. Buyers being  to weak, creating a "Head Fake". Probably will go retest 28$ or stay in consolidation. Market are toff now, I'm out of Silver trade. If you looking to take trade short, Targets are not 100% perfect since market move. PS: Day trading silver: Perfect example to learn how to manage your risk and stop for maximum profits/minimum losses. Toff market, Stop it's your Best Friend but you need to learn how to use it.

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