Starting a journal for my WTI Crude trades. Purpose of this thread is to track my progress, provide some insight and setups for traders looking to trade crude. A little bit about me, I have been trading for 10 years mostly in options and just got started 2 years ago with futures. Doing well so far but not anywhere close to where I want to be. Goals: double my bal in 6-9 months, improve my mm skills Current bal 10/16/13 $51,620
Finished off today with a balance of 52,320 6 trades, 4 wins, 2 losses Best trade today, caught a squeeze, long at 102.39 Exit at 102.80, 4 contracts +$1584
I look for technical setups and momentum breakouts on the tick charts. Trade the trend on the 15min using 5,20,40 sma's
End of week update 10/18/2013 Friday was a slow day in crude, not much action past the first 3 hours after the open. Ended the week with 52,980