Crude intraday

[ThingyMajiggy]

Half decent rally on crude tonight, well, everything for that matter. I thought there would be a bounce tonight, but didn't think it would be quite this strong.

 

[skyQuake]

Half decent rally on crude tonight, well, everything for that matter. I thought there would be a bounce tonight, but didn't think it would be quite this strong.

Haha was watching that. Absolutely nuts!

 

[nomore4s]

Can I ask how long you average trade time is, when you are trading crude Nomore4s?

Do you ever have troubles with your trades being filled?

I have been testing a demo account with Ninjatrader and Mirus futures, and I am trying to work out if I can get away with making many quick trades, or if latency from Oz to the US will kill my quick trading.

1 to 5 min maybe a bit longer if I get on a strong move, no problems with being filled but you do need to be quick.

 

[nomore4s]

Can I ask how long you average trade time is, when you are trading crude Nomore4s?

Do you ever have troubles with your trades being filled?

I have been testing a demo account with Ninjatrader and Mirus futures, and I am trying to work out if I can get away with making many quick trades, or if latency from Oz to the US will kill my quick trading.

1 to 5 min maybe a bit longer if I get on a strong move, no problems with being filled but you do need to be quick.

Just on this. You will probably suffer latency on your charts and will find it a bit difficult to trade purely off the charts, this is where I utilise the price ladder.

I use the charts to help identify zones that I think will provide significant support or resistance then use the price ladder to see how price reacts around those zones - ie does buying come in around support or selling come in around resistance or does the opposite happen where no strength comes in around support and vice-versa.

Trading something like crude off a 1 min chart you can't really wait for the chart to update for entries and exits as you will tend to miss too many moves, you need to anticipate the move to a certain extent.

 

[>Apocalypto<]

been a while between posts.

last friday made a few crude trades for a +13 cent gain. hope all are still bringing in the cents. Have been back on FX alot lately, but still watching and making quite a few crude trades here and there....

was out of work for a while so was nice to be able concentrate on the markets 100% of the time... it actually helps a lot. (working again now)

been heaps going on in FX and CL still shake my head at the current price. was not long ago CL was at 69!

 

[Agentm]

the US have moved the aircraft carrier through the suez

along with go 12 warships and a submarine

'The Suez Canal traffic was disrupted for hours in the morning during the crossing of U.S. Navy, which includes a giant aircraft carrier, soldiers, ships and infantry, armor and ammunition, coming from the Mediterranean Sea on its way to the Red Sea'


the Egyptians have mobilized thousands of troops along the suez to protect the convoy..


this will make it 3 aircraft carriers in the region that are obviously there just for sightseeing

it appears the 3rd aircraft carrier is the CVN-75 Harry Truman.. which is a super carrier

i am tipping oil is not about to go through the floor any time soon..

time for war,, lock and load..

 

[iced earth]

Oil WTI - 12 Aug 2010:

The upward channel in 4Hr been broken, the target would be around 74 $