crude oil(图) 07/23/2008 don\'t fight with the trend

Failed 1-2-3 Rule. 止损于129。

lesson: don't fight with the trend. Trend is your friend.




=================================================================
1. 130 建仓
2. test 129. did not trigger cut loss point
3. 过133 加仓
4. target 136-138 this week. then reevaluate from there. lock profit or add more.








===============================================================
crude oil(图）


来源: entry 于 08-07-21 12:08:11 [档案] [博客] [旧帖] [转至博客] [给我悄悄话]

Simple 1-2-3 Rule. Step 2.
only for short term bounce.







======================================================================
Oil Future(图)


来源: entry 于 08-07-20 23:38:51 [档案] [博客] [旧帖] [转至博客] [给我悄悄话]


After a sharp drop from previous 2B Rule, this one touched its lower down trend line and looks like it will breakout from its upper down trend line.

Go long around here at 130 and cut loss one buck below. Looking for a three to four bucks bounce in short term.