Special Opportunity Swing Trade

Thursday: November 9th, 2017

Here is a special opportunity that I saw yesterday. I am updating this trading opportunity on this blog post as it progresses. We are at the critical stage of the trade today.

YOUTUBE VIDEO:

 

SPECIAL OPPORTUNITY UPDATE:

DAY TRADE OPPORTUNITY

I am short from 5686 the open is 5685 I am risking 45 ticks here at TST (this is a 3R risk) to gain 10P 183 ticks vs 45 Ticks Risk.

Short Trade: Short at 5686 at 5:30PM CST November 8th, 2017
Risk: 5731 (45 ticks) Update: 2R RISK NOW 5717 (on move to 5669)
Profit Target: 5503 (183 ticks)

DAY TRADE DID NOT WORK OUT ... BUT STILL HOLD MY BELIEF THAT WE WILL NOT SEE $58 before $50 to $52.

THIS TRADE WAS ON THE CRUDE OIL FUTURES DECEMBER 2017 Contract (Z) for Month (CLZ7)

 

SWING TRADE OPPORTUNITY

Profit Ratio 5:1

Thursday: November 9th, 2017

HIT STOP ON TRADE AT 5717 AT 9:00AM CST

REENTER SHORT AT 5729 NOW Time 9:08AM Current market trading at 5738

Trade Filled at 5729 at 9:12AM CST.

Added to Short Trade 5733 at 10:07AM CST

2P OUT on 1/2 of Position at 5697 at 10:10AM CST

RISKING 3R 5773 (45 Ticks) 1R RISK NOW 5749 at 10:10AM CST.

Friday: November 10th, 2017

Profit Stop on Trade 5714 as of 11:45AM CST

Monday: November 13th, 2017

Hit Protective Stop at 5714 at 9:05AM CST

ReEnter Short at 5704 at 9:11AM CST

5709 Stop Loss on Trade Now as of 11:20AM CST

Tuesday: November 14th, 2017

1/2 of Position is OFF at Profit on the Gann Magic Number 5558 at 9:51AM CST

Profit Stop Moved to 5677 Profit Target 5211 as of 10:00AM CST

Wednesday: November 15th, 2017

Profit Stop Moved to 5569 as of 10:22AM CST

Thursday: November 16th, 2017

Profit Stop Moved to 5549 as of 12:23PM CST

Profit Stop Moved to 5539 as of 13:43PM CST

Friday: November 17th, 2017

Hit PROFIT STOP 5539 around 1:12AM CST Trade is Completed and Flat!

 

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TradeCraze
SOHK - School of Hard Knocks at David M. Knight
I am a 25 Year Futures and Commodities Trading Veteran. In addition, I enjoy games of skill and chance like: poker, craps, blackjack and roulette. During my professional career, I have developed and implemented successful trading strategies and methods; along with winning systems in games of skill and chance. Join with me on our mutual journey together.
About The Author

TradeCraze

I am a 25 Year Futures and Commodities Trading Veteran. In addition, I enjoy games of skill and chance like: poker, craps, blackjack and roulette. During my professional career, I have developed and implemented successful trading strategies and methods; along with winning systems in games of skill and chance. Join with me on our mutual journey together.