Friday, May 22, 2009

End of the Week-Memorial Day Weekend - Drive safely


We had another nice week members I shot myself in the foot straying from the game plan 
And bought prematurely at 61.10 after selling the overnight play for a profit. All is well as  I re-entered on the bottom that we targeted from earlier in the morning.We had it pinned cold.
Slightly bullish shade and Our very own charting style  identifying the buy entry spot  at 60.5 which was indeed the low today. Last nights overnight play was strong as well and if it were not profit taking weekend I believe with the currencies continuing their domestic abuse of the dollar we would have seen the sell entry at 62.5. We are flat now back in a three fairly strong calls in a row and feeling the confidence in my work return. There is a mission here as well to help others be successful to help them avoid the thousand mistakes that are made that prevent traders from turning a profit. In that altruistic pursuit I hope today this week I again made in roads.  My goal is consistency to be able to call oil trading I think of the weekly goal 
as sort of a gross salary that can be counted on ad infinitum. There are some traders making much more money and according to the so-called stats 90 % of the traders who do not make anything at all but if you follow me you will see my ranges are incredibly close day in and day out and more than occasionally like today dead on. The information garnered from this site the last three days would have made the most novice of traders money.
 Everybody have a great weekend. I am glad to see some of the members made an effort and commented yesterday I encourage much much more of that. Globex is unaffected by the Memorial day holiday so we will see you Sunday Night. 

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