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OILITRADINGINSIDER.BLOGSPOT.COM
A GUIDE TO MAKE A LIVING TRADING OIL FUTURES
Tuesday, March 31, 2009
pre-open 8:21
I saw a last sale of 49.75 we are up big the other way move your stop to 49.5 protect 1375
this could move well above 50 but at the end of today i want everyone flat Coming into the EIA
this one got way oversold but some analyst read the channel at closing prices- my system is based
on however high or low it goes since we take a 23 hour picture- on my chart as any of my readers should know we touched bottom and bounced -it also touched top last week many times and went down- I like my chart better u should too
9:35
we are all flat stopped out everyone should have made $1300+-that is why we use stops
to protect profits- as moil nears 48.40 retracement in place take a shot down at 48.25 with a 3/8 stop risk $375 to make $1000 we are up $7000 no reason to stop trading if we start to take a hit or too we will slow down and revamp
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counter installed
april fools
monday morning may future
buy channel
midday chart
top horiz-54.37 middle line 51.74
make a living with oil futures
oiltrading insider
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t minus 25 hours to Globex launch
Market Summary
we are in extended hours there are 17 minutes left
keep your heads up
new post side note
stop moved to 51.5
there she goes kiddos
close call twice but no stop out
nfp off 8.5 over 600k out of work
you might have missed the entry point so be patient
overnight play stuffed no profit but no loss with ...
so far up $200 bucks
this was manufactured
we did one trade today
bang that was easy 219 8 minutes $470
bid 52.40 a quick 470 -7.50 comish in and out
210
52.75 2:00
finally they understand-no such thing as too big t...
today it broke the channel
better than a hammer to the forehead!
EIA showed glut dollar weak
is this an April Fool's joke
april fool's day
9:48 PM 48.52
re-draw the chart
first stop out of the week
pre-open 8:21
overnight when you are hot you are hot
3:21 open outcry closed at 230 48.58 last sale
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3:21 open outcry closed at 230 48.58 last sale
1:06 48.87
the buy channel is awesome
oil nears 48.25
this too shall pass!
50 monday 10 AM
pre-open jitters 9:02 stay short move stop watch ...
Monday madness keep dropping the stopping
just one last thought oil 10:49 51.36 bid and last
51.30 8:03 pm Sunday night Globex
already 51.80 Sunday bloody sunday
sunday bloody sunday
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About Me
oiltradinginsider
new york, new york, United States
technical and fundamental coupled with most recent economic data -2 major postings a day 8 AM and 8 PM many days supplemental posting so keep it linked to your page
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