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A GUIDE TO MAKE A LIVING TRADING OIL FUTURES
Friday, April 3, 2009
we are in extended hours there are 17 minutes left
Get flat I don't think there is any edge to guessing the outcome of this missile business
the market rallied again shrugged off some pretty bad news again- I said this
was the beginning of a bottom and not just a bear market rally-anybody interested in holding equities i think we may get one little pullback except for RIMM earnings should be lower
We hold some stocks for the future because we only trade oil we never plan to take delivery do we- When I get up a nice amount I transfer some into a second account where i keep long equities I just started doing this -it is sort of my own retirement planning and probably never would have thought to do it if everything did not get so crushed. So you got ten minutes this
has no edge technically there is really no way to estimate where the price will be and the events unfolding are clearly volatile in nature- Let's stay safe and re-examine Sunday night when we re-open
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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
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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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