alleytrader

cl oil day trades may 30

alleytrader Updated   
FX:USOIL   CFDs on Crude Oil (WTI)
Today oil is not giving me much info to create from so will be watching 58.56 for a bounce and 59.48 for rejection. Moves out of this range will have me stalking continuation action. will keep you posted
Comment:
starting to watch for bounce or break down
Comment:
nice bounce right at my spot, however did not get a up signal so did not take it
Comment:
looking for a fast scalp if the current low is broke with very tight stop
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better idea would be a bounce up to Resistance
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short was taken at 58.06 and stop is now protecting $130
Comment:
remember said this was a scalp so will move in faster than a longer term trade
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stop to 57.85
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touch but no fill
Comment:
closed with 1 tick slip for $180, good for lunch money
Comment:
hind site I should have hung on, but at the time I stuck to my plan at the time of my trade

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