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OILITRADINGINSIDER.BLOGSPOT.COM
A GUIDE TO MAKE A LIVING TRADING OIL FUTURES
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.
We understand
Paypal
was not working for the last few days so anyone who might have tried to join should try again. There are three spots left and then we will go to delay as we cannot direct
email anymore than this number. We will be purchasing more space and the price is then moving to $40 per month. Anybody who traded on my suggestions this week made more than 5 years worth of subscriptions conservatively.
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monday morning may future
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End of the Week-Memorial Day Weekend - Drive safely
Oil trading
Holiday Market-
61.45 overnight last trade
Secondary Account Notes /last trade in CL july 61.25
Thursday long one contract at 61.05 stop in place ...
overnight action pending
Weekly goal Met-Overnight action nets $900
Rally GBP recent chart on left of british pound
We 61.64 sold move stop break even
Closing trade -midday Look
Summer Drive time -the pound is at new heights Fut...
Wednesday EIA
Stopped out for $250 profit
Secondary Equity Account/Currently OIL is overdue
We are overdue-Members were advised of short posit...
The End of Open Outcry
day trading
Fine tuning an entry point
currencies looking too strong back off sell order ...
currencies looking too strong back off sell order ...
Fine tuning entry points
oil breaks 60 again we resll at 60.12
By the time we went to make an adjustment it was h...
EIA comes back into focus
Adjust Trading Range
Stating the obvious trade take profits back to b...
Currently trading at 59.45
Currently trading at
Up all Night
1,2,3,4,5 legs in from the short side July contra...
trading this beast from the short side is tough here
Get a Little give a Little
Monday 2nd Update at the opening
Monday Morning should have started earlier
Dollar rally reverse posotion
Sunday night ActionWe get off to a start and we se...
Range and De-ranged
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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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