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Old 03-27-2008, 08:14 AM
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BlowFish BlowFish is offline
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Re: Crude Oil March 20

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Frankly I don't care what the signal was, it's making me money. If we want to get bitchy about the candle and when I should have taken it, then we will simply look at price action alone. The fact stands, price hit support and found buyers thus moving price higher.
Bingo - Price Action baby! The fact you chose a candlestick chart over bar chart over P&F the price action is clear. It hit a potential support area and reversed.

Nice trade! Did you enter on bar close with a stop below the wick? I have noticed (in index futures particularly) they will often poke through that price just to gun stops.

Cheers.

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