Crude intraday

[>Apocalypto<]

SELL SELL SELL SELL

wow, talk about a flood

OMG still going! 79.43

 

[Whiskers]

SELL SELL SELL SELL

wow, talk about a flood

OMG still going! 79.43

Lovely

I don't trade oil, but I've been anticipating a substantial weakening for some time. I also don't hold any oil stocks.

 

[>Apocalypto<]

Lovely

I don't trade oil, but I've been anticipating a substantial weakening for some time. I also don't hold any oil stocks.

i took 10cents off the initial drop, was in shock as it just collapsed passed my buy limit and never looked back.

see what the night brings

 

[ThingyMajiggy]

i took 10cents off the initial drop, was in shock as it just collapsed passed my buy limit and never looked back.

see what the night brings

Went long @ 78.98 just before, thought it was going to come off again so I cut it short for a 5c winner, Woooo!

...now its rubbing it in.

Leave the emotion outside Sam. Better than -5c I suppose, onto the next one!

 

[-Bevo-]

Went long @ 78.98 just before, thought it was going to come off again so I cut it short for a 5c winner, Woooo!

...now its rubbing it in.

Leave the emotion outside Sam. Better than -5c I suppose, onto the next one!

If it makes you feel any better.

 

[Wysiwyg]

If it makes you feel any better.

Is that a fat finger trade? Unintentional.

 

[-Bevo-]

Is that a fat finger trade? Unintentional.

Sure was, playing around with booktrader at the time wasnt supposed to get filled.

 

[>Apocalypto<]

well last night/morning was a real eye opener..... don't think i need to many words to describe it, sure you all know what i am thinking!

 

[>Apocalypto<]

3 trades tonight 1 loss and 2 winners. 1st a brain fade!

a little but better then nothing.

 

[ThingyMajiggy]

Well done Apoc

Down it goes!

 

[>Apocalypto<]

Well done Apoc

Down it goes!

Sam i am a little embarrassed to put up results for such minor wins, with what happening at the moment!

how have been going for you Sam?

 

[ThingyMajiggy]

Sam i am a little embarrassed to put up results for such minor wins, with what happening at the moment!

how have been going for you Sam?

Embarrassed?! Don't be embarrased, nothing to be embarrassed about.

I haven't traded it the last few nights, not really trading it tonight either, just watching, I should be in bed(Got a busy day tomorrow) but I'm like a moth to the light, its just soooo beauutiful

 

[>Apocalypto<]

Embarrassed?! Don't be embarrased, nothing to be embarrassed about.

I haven't traded it the last few nights, not really trading it tonight either, just watching, I should be in bed(Got a busy day tomorrow) but I'm like a moth to the light, its just soooo beauutiful

thanks mate.

i was in awe of the last two days as well. what a massive two days.

here's a 10 min chart of it................

 

[ThingyMajiggy]

thanks mate.

i was in awe of the last two days as well. what a massive two days.

here's a 10 min chart of it................

Yeah its been crazy hey, last 4 days its given back $10, last 3 months of gains in 4 days! +$4 ranges last couple days too, average is about $1.50.

Makes for some lively trading thats for sure!

I said not really trading it tonight, but I can't help myself, around +73c(after comms) in the last hour(1 contract), still sim trading though, but trying to gain some consistency. Just using the NT sim account tonight, other comp is on my IB paper account and cbf changing it over lol.

 

[Wysiwyg]

My . Traded about 20 Crude Oil contracts on 1 and 5 minute bars with CFD and got stopped out on most with the price ranging erratically. Ripping one way then ripping the other. Too much for this little black duck so a bad experience due to my lack of instrument research and left this one for the big players.

 

[>Apocalypto<]

My . Traded about 20 Crude Oil contracts on 1 and 5 minute bars with CFD and got stopped out on most with the price ranging erratically. Ripping one way then ripping the other. Too much for this little black duck so a bad experience due to my lack of instrument research and left this one for the big players.

I also traded CFDs over crude. massive spread and jumped in spikes alot.

trading the futs is much better i trade on a 2 time frame, I don't find it to fast or making random spikes. the feeds the CFD providers use are rubbish, best to straight to the exchange!

 

[nomore4s]

My . Traded about 20 Crude Oil contracts on 1 and 5 minute bars with CFD and got stopped out on most with the price ranging erratically. Ripping one way then ripping the other. Too much for this little black duck so a bad experience due to my lack of instrument research and left this one for the big players.

My

What did you expect? A trader with limited ability trading an instrument like Crude on short time-frames and using CFD's to boot is bound to end in tears.

 

[baby_swallow]

"Daytrading using CFDs - no matter what market, is a surefire way to loose money."
I'm sure many veteran traders here would agree with me on this statement.

 

[nomore4s]

"Daytrading using CFDs - no matter what market, is a surefire way to loose money."
I'm sure many veteran traders here would agree with me on this statement.

Not really, if you have enough skill you can make it work but you are working against a lot more things trading CFD's.

It is quite a bit more expensive for starters, you also tend to have trouble with orders going through if you start to make too much money.

 

[>Apocalypto<]

silly day today. tried to trade the Asian session, missed any that worked and took two losers. lost 22 cents. learned the hard way only trade after 5:30 when liq picks up!. pre 5:30 doesn't suit my method.

will be back later today.