alleytrader

day trading Oil, CL

alleytrader Updated   
FX:USOIL   CFDs on Crude Oil (WTI)
Today will be looking for a break above 5770 for a long idea up to first target of 58.33, and a break below 57.14 for a first target of 56.75. If we remain between these tow prices will be trading it as a consolidation range
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some reason give me error when trying to post in chat, but ask questions about my day action anytime
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will adjust consolidation zone to the top side between 57.94 and 58, so in that area will favor shorts
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watching to see if I get a short signal off this resistance if not will stalk the long trade
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taking the short side stop over todays session high
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taking risk off the table, got short at .94 moving stop to .84
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moved to the middle of the open session range so one could lock in a bigger amount of this trade say .76
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I am now moving my stop from .84 to .68
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Stop to .42 now for a lock of 52 ticks
Trade closed: target reached:
trail stop was hit at .42
Comment:
the long trade was triggered to the long not much time after closing the short, however I did not take the trade but it was there

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