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A GUIDE TO MAKE A LIVING TRADING OIL FUTURES
Thursday, April 2, 2009
this was manufactured
down 5/8 to 52.02 we sell here to see a southern drift on the overnight
With he futures unchanged oil wants to correct back south remember inventories or real economics were up which means more oil which means lower prices. This systemic or market driven rally has a tendency to correct We did that nice little flip but We are thinking that
speculation on the jobs will at least put this new bullish sentiment in some sort of check
we hate to sell into a drop are not gonna wait to 51 to decide this was indeed overbought in light of real economic data- technical cases based on CCI and bollinger bands has way overbought and we have what I have on my own personal chart serious resistance at 52.875
and a screaming sell at 54.625-Anyway we just sold 52.03 i haven't even published this
51.94- I expect 51 by morning no economic data is coming out tonight and fear should drive it down
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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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