Daytrading United States Oil Fund LP (AMEX: USO)
Posted on August 28th, 2008
Written by Richard
Posted in: N/A (old archives)
Reader Jeff also requested to see our ultra-simple example system on United States Oil Fund LP (AMEX: USO). Three trades, for net +$2.35 per share.
Thanks for the suggestions, Jeff! I’m enjoying pulling up the charts you all select. If you aren’t aware, I’m trying to show how just a couple eotpro elite series indicators can make a profitable system that works on stocks. I’m not cherry-picking trades… I show the whole day’s action. I’m not using convoluted rules… just enter after a pullback to the averages, when the volume pressure and paintbars agree. Exit when the volume pressure subsides, or if we push past the averages and the previous price swing. I hope you all find this as interesting as I do.
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© 2010 Richard Todd. I am not a financial advisor, and nothing on the site should be considered investment advice or actionable recommendations. I'm just an individual, saying what I think, and sharing my experiences.