Crude in 2011

June 6th, 2011, 01:16 PM

see attached

June 8th, 2011, 12:24 PM

a quick post with today's trade.

nap time!

June 8th, 2011, 10:28 PM

Monday, June 06, 2011

Opening cash balance today $26,870
Change in Cash +$ 400
Closing Cash Balance $27,100

SLD 1 99.12 BOT 1 98.72 =0.40 * 1,000 = 400

Open positions = -2 @ 96.46

June 8th, 2011, 10:29 PM

Wednesday, June 08, 2011

Opening cash balance today $27,100
Change in Cash -$ 1,850
Closing Cash Balance $25,250

BOT 1 98.31 @ 7:33 from 96.46 =-1.85 *1,000 =$1,850

SLD 1 101.55 @ 10:55

Open positions =
-1 @ 96.46
-1 @ 101.55
average =99.005

Close today 100.78
Open equity -1.775 * 2,000 = -3,550

Net equity $21,700.

June 16th, 2011, 07:48 PM

Thursday, June 16, 2011

Opening cash balance today $25,250
Change in Cash $1,830
Closing Cash Balance $27,080

BOT 1 94.63 @ 9:54 from 96.46 =1.83 *1,000 =$1,830

Open positions =
-1 @ 101.55

CL Close today =$95.16
Open equity $6.39 * 1,000 = $6,390

Net equity $33,470

June 17th, 2011, 04:39 PM

Friday, June 17, 2011

Opening cash balance today $27,080
Change in Cash $0
Closing Cash Balance $27,080

no trades today
open orders sell 1 at 97.38

Open positions =
-1 @ 101.55

Close today 93.03
Open equity 8.52 * 1,000 = $8,520

Net equity $35,600

June 21st, 2011, 01:08 AM

Monday, June 20, 2011

Opening cash balance today $27,080
Change in Cash $0
Closing Cash Balance $27,080

Sold 1 @ 92.94 @ 8:32

Open positions:
-1 @ 101.55
-1 @ 92.94
avg=97.245

Close today 93.82
Open equity 3.425 * 2,000 = $6,850

Net equity $34,930

June 21st, 2011, 01:29 AM

now that CL has broken down you are looking for any bounces to sell against.
The bottom of the big drop 2 - 5 May was 95.18 July contract.

Subtracting $0.63 from that should give you some trading levels

94.55, 93.92,93.29, 92.66, 92.03, 91.40, 90.77, etc

(you can divide the distance between these ie 32.5 cents as required.)

When you have a swing high or low you may wish to check in addition to the above harmonics and also
+ or - the 32.5 multiples to the swing high or low.

So from the harmonics we have 93.92 in our series and from the swing low we have 93.98 together giving us a good idea of the high, 94.00

see example:

June 21st, 2011, 01:00 PM

Tuesday, June 21, 2011

Open positions:
-1 @ 101.55
-1 @ 92.94

Opening cash balance today $27,080
Change in Cash $ 8,990
Closing Cash Balance $36,070

Bot 2 @ 92.75 @ 11:38

101.55-92.75=8.80 * 1000 = $8,800
92.94-92.75=0.19 * 1000 = $0,190
Total $8,990

Net equity $36,070

No positions open

June 23rd, 2011, 01:07 AM

looking like it will bounce for a few days.

perhaps shorting again in the 98.76 area.

Crude in 2011

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Crude in 2011