Nick’s Trading Diary – Thursday 21st February 2019
A usual day at home and now I’m settled in the office eventually after a long cycle ride I shall be watching my collection of favourite charts.
11:40am: Nothing to report at the moment.
13:50pm: Back from lunch a few minutes ago and I’ve just taken a ‘short’ position on my WTI Crude Oil 15-min chart. It’s a Master-The-Trend Strategy-B set-up with a 17 pip stop loss. The trade will be quite quick potentially as the Crude Oil Inventories announcement is due out in a few hours which could cause some volatility in the market.
15:20pm: The Oil market is getting more volatile ahead of the announcement so I am now taking the unusual step of watching my chart more closely – I may have to close the position quickly.
15:45pm: Out of the WTI trade with +30 pips, the price is getting too volatile now. Charts are now closing for the day.