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OILITRADINGINSIDER.BLOGSPOT.COM
A GUIDE TO MAKE A LIVING TRADING OIL FUTURES
Wednesday, May 27, 2009
Instincts
My instincts were to buy this morning and anyone who read this morning's post should have been able to tell I was bullish- "Touching on the point no one should be surprised about this and there is more to go before this takes a breath"
I had some personal errands to run this morning so I laid out but I felt the instinct to buy and
I told one member so I have witness. I could have easily bought and stop protected
but so-called"common-sense" and perhaps greed made me wait looking for that juicy buy in spot. We all had our chance to buy yesterday and I did at 59.82 but I did not ride it nearly far enough. There is an OPEC meeting coming up and apparently inflation fears the list goes on and on right now. We know oil can move for points at at clip day after day after day in one direction- So starting tonight we analyze each day on it's own merits. All this jawboning about 75 a barrel from Saudi arabia. I am going to buy this dip if it gets back to 62 area today
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monday morning may future
buy channel
midday chart
top horiz-54.37 middle line 51.74
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You might ask yourself why should I join Oilitradi...
Buy reco was sent to members today 65.25
the trend is your Friend/the charter membership is...
Deja-vu all over again/charter membership sold out...
After open-out cry Thursday now short 65.20
We rode this time nearly two points before selling...
I'm away from my desk but my researchWas thorough ...
I am seller at 65 area
Thursday a Day for the EIA/ morning price
overnight Priing
Instincts
good vibrations last trade 62.92/morning prices
last stop adjustment last trade 62.27
Stop adjustment last trade 62.42
Recap after Open-outcry
Fighting the rally
Ok end of the road on the rally
Consumer Confidence numbers up sharply/tech drives...
break in discipline
Only one spot left
Pricing out to members already
Pound gains ground
Rocket entry-failure to launch
here we go again/overnight positioning
Only 2 charter memberships left
Memorial Day
Currencies take a 180
Everyone knows first come first serve
Sunday Globex Starting my work
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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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