Monday, December 22, 2014

Crude forming short term bottom, breakout at 55.80, therefore i queue to enter at 55.77.
in 10min breakup to 56.50, TP at 56.25, good profit 
SL only 0.20 and target is around 0.50 



Saturday, December 20, 2014

Crude break up 5% !!

5min chart show a bottom form at 54.40
price start to rebound up, expecting a double bottom rebound.
once price pass support of 54.70 tried to enter but got it only at 54.95, target profit was 56 but once 55.60 i took profit,



didnt continue to trade as i went out with my wife, else i could have catch the same double bottom rebound with a support at 54.70. After review i only manage to get first wave, should have enter the 3rd wave $3 profit missed good learning chance :), but i want to sleep so less US timing trades


Crude oil break out


on 07/12/2014 around 4pm Singapore time 
Noted that crude has move side way for 9 hours, therefore i am expecting a breakout soon, more towards the upside. 
Enter the trade at 57, in 15 min i realize my profit for $1,000, very good trade.