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OILITRADINGINSIDER.BLOGSPOT.COM
A GUIDE TO MAKE A LIVING TRADING OIL FUTURES
Monday, May 4, 2009
Overnight pricing just out of reach
We were stopped twice once for $500 the second time lost a $100
We had charted a higher entry point for our sell trigger but it was not reached yet
which means back to work. There is housing and construction data coming today
As it should be the NFP(Non-farm payroll due Friday should be talked about and have influence sooner) will probably have a stronger effect than it has of late
Jobs or the lack there of will dictate the tone as a leading indicator. H1N1 has been discovered in a hog but it caught it from a human still commodities seemed to get hit by this and oil ticked down slightly systemically with the rest of the pack.
We believe a base has been formed we have been saying so since March 9th
Move profits from last week into the secondary account and cherry pick equities on significant pullbacks or what I like to call stock sales. Our Stocks are RIMM X and C
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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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Starting to gear up-once the new site is up we are...
We talked about it on twitter-
I'm not a contrarian the writing on the wall was w...
3rd time again's a charm
overnight oil breaks through the range/Jobs are be...
first stop out of the week 11 PM
alright we will tell you this one last time 9:21Pm...
my analyltics show people are reading me for more ...
This is time stamped check out this mornings post/...
Midday post remote test
Calm before the storm
we are in the break oil closed at 53.84 ater open ...
pretty tight trading range still not a bad day
looks like we are gonna have to work for it today
last sale 53.54
oil stuck in the la brea tar pits
june contract drops to 54.07 last check in 10:16PM
oil drops to 54.10
june contract drops to 54.32
we are at the break-Tuesday's trading starts in 16...
Sometimes discipline can work against you but over...
Construction and home sales data up
Overnight pricing just out of reach
stopped out already but email to re-buy a53.12
June contract 53.40
Sunday's Globex Action begins at 5-Offcially first...
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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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