5% - 10% profit per day trading

The above is good possible case for today's trade

 

went long at 53.80. getting very impatient, feels like oil is so hard to trade now.

 

one way to take profit at these 54.25 , then wait
50 cents/lot is good profit in this choppy ..

 

it seems 54.30 is peak for this pre 14:00 - 14:30 EST final pitch

equity markets are also softening ...

i think from this 54.30 to 53.80 then back to 54.40 betwen 14:00 to 14:30 EST ..

 

averaged buy at 5380 and got out at 5420
will buy in the last minutes depending upon equities and euro

 

cashed out with 33c, a little early, but taking profits seems to be the best strategy right now. too slow to short at 54.30, seems the good entry points last maybe 5 seconds right now. anyways, will wait for a long now.

 

euro and equity are taking hit same time , we can hit 53.60 then retrace to 54 +

 

we ran out of time so no more 53.60 , now only long to 54.40

 

no up move, oil is done for the day around 53.80 .
It seems last minute ERUO drop stopped oil rise .
Reports mention Fed chief comments gave more confidence in dollar so is the drop in EUR and OIL ..

 

basically broke even today in oil, down 200 altogether. i hope it behaves better tomorrow. it's either i'm in a funk or oil has been terrible this month, but i'm struggling. gonna try the ES, it's seeing some action at the moment.