Ok i thought i would change my approach and see if i get a better response.
I will be posting this on two dif threads.
CRUDE OIL TRADES I TOOK FRIDAY 11th FEB2011.
The first chart is a 1min chart zoomed out. I have drawn the major trendlines i spotted during the day to give you a wholistic view.
I will now breakdown the resulting trades i took and the results. Each chart is a snapshot of each trading zones i was actively trading on friday.
The first trade:
Second Chart
from the zoomed out chart you can see that the was strong resistance around 8760. Even though the wedge mad was small( i dont normally trade these ). Because of the strong resistance at 8760 i took the trade.
The black star was my entry zone and the trade WON +43...the trade behaved well at the start and my exit was the big Black line just above my long term MA.
The second trade:
Third Chart
After exiting my last trade the price started forming another pattern and i traded to the upside. The green circle shows my entry.....i LOST -12pips
The third trade:
Third Chart
I went short in the blue star. This trade WON +51pips...my exit was the same as before...the thick black line
The forth trade:
Fourth Chart
First wedge looked nice....just run of the mill LOSS -12pips
The fifth trade:
Fourth Chart
I very often have pending stop orders on both side of the market for this very situation!!......The price swiftly reversed and i went short in the light blue circle...i LOST -12pips
The sixth trade:
Fourth Chart
The second blue circle shoes my entry short.... if im initially profitable with a trade i leave it to run on the long term MA......but since it was fri and late i closed it out using the medium MA(pink)...i WON +27pips
Overall across my four instuments i had a profitable day