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A GUIDE TO MAKE A LIVING TRADING OIL FUTURES
Thursday, April 2, 2009
finally they understand-no such thing as too big to fail
It seems to me the markets are responding well the government unity but more so
They like that we will waste less money. The world is evolving the baton of global currency
we hand the reins to China perhaps as the new world leader they have made many more right moves than any other country during this 20 month crisis. BACK to the point If GM is mismanaged according to the laws of capitalism they should fail if they do a new company will
emerge that is better run and that company becomes the leader. YOU cannot reward ineptitude Please throw no more tax money at greedy and ignorant companies. This is a positive sign.
finally They just might be starting to understand.
That being said we should have gotten long last night now at 50.75 We are just above the pivot
point and this could really be a sell the news event This has the feel of being slightly manufactured -Use Stops if you try and sell up another 1.5 from here on an irrational rally stop no more than a quarter away if we get stung the n it just might run and we sell up 1.5 with a quarter stop.
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counter installed
april fools
monday morning may future
buy channel
midday chart
top horiz-54.37 middle line 51.74
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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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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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