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The Italian Job
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The Italian Job

  #351 (permalink)
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redratsal View Post
First trade of the day 6E short 1 contract, target on S +307$

Nice, I was short at almost the exact time but ended up getting out breakeven just now. I'll look to re-short the breakdown if I am in here at that time.

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  #352 (permalink)
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Nice, I was short at almost the exact time but ended up getting out breakeven just now. I'll look to re-short the breakdown if I am in here at that time.

Mike

Seems Euro is pretty bullish since Asia, following the TL
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  #353 (permalink)
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CL short 1 contract, target moved see pic attached +356$
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after the spike
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  #354 (permalink)
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redratsal View Post
Seems Euro is pretty bullish since Asia, following the TL

Yup, but I am feeling bearish today from what I see on the charts.

I re-shorted on the LH after the DT, am still short now but watching closely after the DB a few minutes ago.

Mike

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  #355 (permalink)
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CL short 1 contract, target S +216$
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  #356 (permalink)
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I beleive the system can be profitable with extreme volatility, like today with CL's US section, nevertheless the stoploss would need to be adjusted: higher risks, higher profits, higher capital capacity to sustain drawdowns.
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this would be my entry:
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  #357 (permalink)
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This is the same example as #356 but on the opposite side of the Vwap 2SD. You can go short on a bull trend, entered 4 contracts shorts on the break of the TL and exited on the S +1133$
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This trade does not account on the Italian Job, I used an experimental account, as I normally don't trade in such volatile conditions.

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  #358 (permalink)
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First trade of the day CL short 1 contract, target vwap +185$
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  #359 (permalink)
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Hi Redratsal - Really enjoying the thread, thanks for the insight. Am i correct in interpreting your timezone in that you trade ETH so some of your trades are 3am your time or so ?

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  #360 (permalink)
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gktk View Post
Hi Redratsal - Really enjoying the thread, thanks for the insight. Am i correct in interpreting your timezone in that you trade ETH so some of your trades are 3am your time or so ?

Thanks, I am and my charts are central european time, if you are from UK that means one hour ahead of your time zone.


Last edited by redratsal; July 27th, 2011 at 06:22 AM.
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