47 looking pretty good As predicted Geitner speaks up and this turns right around all members are long the June contract at $47 up $1500 protecting a thousand you have to be a member to be included in direct email pricing otherwise you are on the outside looking in - Funny how things look so different after just a couple hours-did you not read my previous post I will
not give anyone but members the inside track but we basically predicted this! and definitely got you in at $47 that is so sweet
we may all just get a toothache
6:55 PM
current price on the overnight $48.70 we are still long all members are showing a $1700 profit move stop again to protect $1400 if somehow you do not understand how to use stops email me at chrgr06@yahoo.com
I will say it over and over again we cannot succeed with the use of stops trading oil. We are long and feel no stress here
not just because we happen to be up 1.7 points on this last trade no because we have a stop in place if it trades down we activate a sell order locking in $1400 in profits we can now go out take our girlfriend to a movie or go to bed knowing we can do no worse than make $1400 okay.
Special note:
attention turns back to todays API which I'm hearing has glutted again(just read the report api is bullish) and EIA this is discounted in my estimation if EIA comes out even a little bullish they might light a fire under this future-SO we keep our free shot to the upside and reset if we get stopped out again but this time it will be a hefty profit week currently stands at $3500 to the plus side move profits once again to secondary account so you can buy equities as they dip there were bargains to be had this morning!
i have been telling you to buy the dips for you secondary account this was a nice opportunity to fatten the retirement account
i told you at eight i did not wholly believe this continued sell off when the futures were way down-
read the 8 Am post Expect something from the "dynamic duo of DC" meaning Geitner or Bernanke-and lo and behold Geitner speaks on cue this is almost too easy to predict and I would believe this to be true but nobody but oilitradinginsider predicted it!
TO BECOME A MEMBER AND MAKE THOUSANDS OF DOLLARS TRADING OIL FUTURES CLICK SUBSCRIBE JOIN AND DO EVERTHING I DO- you will receive daily entry points via the email you used to join oilitradinginsider- members made $1700 today alone
remember always trade oil with the protection of stop orders this system will not be profitable without this practice
I update through twitter and through the site after trade utilizing shifts on stop but generally we move stop a 1/3 away from
price as oil moves in our direction which because of our work usually does just that.
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