OIl Futures 3/12/12

Ended with 65 pips all in all. Had a couple trades last night trying to nail the top, but then I just crashed. I wanted to be sure I was awake for the bottom on the morning session. Basically I missed out on about 100 pips there.

As you can see, I was in the trade. I nailed the top and entered at 106.83. I exited a little later and just decided to get some sleep. Exited at 106.71. There was some weird glitch where it entered right there and then I exited that. I might've hit the reverse button or something on accident.


I also added Bollinger Bands, a Keltner Channel and the MACD. You can see on the chart here that price action goes all the way down to around 105.90. I would've probably taken it for the 100 pips, although I think it did go down 150. It'll be on the next chart.

Not sure what I did on this next chart. You can see where the entries are plotted and where I exited the trades, it's marked STOP. That's either where my stoploss was hit or where I exited manually. I know I had at least one trade where I tried to hit the bottom but it went lower.

I entered at 105.69 and got stopped out at 105.49. I guess I had one earlier, that I exited at 105.71. That was probably a manual exit. I got signals it was gonna go lower so I jumped out. Don't recall exactly. Anyway, I jumped back in at 105.46 and hit my 100 pip target at 106.46. Woo Hoo!



For the afternoon, I expected price to decline, so I tried to hit the top. I got close, but I just took it for a small trade. Entered at 106.42, exited at 106.37 for 5 pips. Didn't really go anywhere for the afternoon, just kind of ran sideways.