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A GUIDE TO MAKE A LIVING TRADING OIL FUTURES
Wednesday, May 6, 2009
first stop out of the week 11 PM
sold again at 56.85 move stop again to break even sold again we were stopped out 56.40 no loss no gain- any member still checking saw the stop out and got the new entry backed off again so risk is zero again in fact move stop to 56.83 cover commissions on the 4 trades don't be surprised if we get stopped again last sale 56.63 1111 pm
T. Boone had said $60 before $40 in the low $50's and everybody chuckled inventories
ADP were good and summer action is looming we are in a serious uptrend but a pullback is due
see you at 8
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monday morning may future
buy channel
midday chart
top horiz-54.37 middle line 51.74
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first stop out of the week 11 PM
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stopped out already but email to re-buy a53.12
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oiltradinginsider
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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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