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


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