Friday, December 2, 2011

OIL Futures

OIL
This is one of my favorites for day trading.This instrument trades very consistent. As I have posted on my blog, I am currently a day trader due to market conditions. I use 10 tick stops with 30 tick targets and it's working like an ATM machine. I wish I could send buy/sell alerts, but there just isn't enough time when day trading. Hopefully sometime soon this market will get off the crack and steroids, so I can swing trade again. It looks to me like price wants to test 103+ (see chart) and if or when it does, then price could retest 115. Hope this helps

1 comment:

  1. This is one of my favorites for the day trading.This instrument trades very consistent. As I posted on my blog, I am currently a day trader because of market conditions.

    Day trading stocks

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