Yesterday, in the Asian market, I saw 70.40 get taken out. In fact, CL traded as low as 70.26, which is the 38.2% retracement of the move from...
Out CL @ 70.78. Profit = $280 per contract.
Out CL @ 70.74. Profit = $2,700 per contract.
Today, after not seeing an a-b-c flat form, more specifically, what I thought to be sub-sub-minuette wave b rise back to the previous high of...
Trades for the Week Ending 5/11/2018 [ATTACH]
Long CL @ 70.50.
Today, I came into the light sweet crude oil (CL) market, expecting minuette wave 2 to retrace minuette wave 1, at no worst than the 61.8%...
Long CL @ 68.04. CL @ 69.10. S/L raised to 68.04. I believe that I have found my position trade.
Stopped out. Loss = $210 per contract.
Short CL @ 69.90. S/L @ 70.11.
Stopped out. Loss = $87.50 per contract.
Long HG @ 3.0710. S/L @ 3.0675.
Stopped out. Loss = $150.
Long HG @ 3.0740. S/L @ 3.0680.
Analysis of the Month: Copper (HG) I have been ruminating over why I have not been able to position trade in the copper market. I have surmised...
Trades for the Week Ending 5/4/2018 [ATTACH]
Stopped out. Loss = $50 per contract.
Short HG @ 3.0990. S/L @ 3.1010.
Stopped out.
Short CL @ 67.90. CL @ 67.55. Buy CL @ 67.90 stop or buy CL @ 66.80 limit OCO.
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