Friday, May 15, 2009

recap


Ok from a charting or technical analysis perspective we had noticed this morning that when oil was going up the highest price it would reach a slightly lower high than the one it reached previously this is a very bearish or negative signal similar to the 123 top 
If there is one technical pattern you must learn this is the one because this one is nearly infallible - Anyway this led us into a bearish stance for the day  but as members still wanted to trade today-(if you read my post I did not think today was a good trading day as many surprises lurked in the darkness and despite My analysis Which was correct I saw some things on the horizon which could change the picture.)
 I did nothing in reality except buy one contract in Jul at 56.75 one cent off the bottom which I sold at 57.30 to have a relaxing weekend you can't Protect yourself 
against gaps with a stop order-Way too much can happen over a weekend all of my traders should be flat before the after hours close.

According to my analytics report We know we have over 100 readers who are non-members  that read my blog each day(We can even see the city you are checking in from) I honestly do not have enough room to accommodate that many and I would like to be able to publish my pricing so my members can get it straight from the site- we will be publishing delayed as soon as possible - join today first come first serve there is a limit then  we will be purchasing more 
space and the price will go to $40 Per month It is not much for what you get and you should make more than enough to pay for a year your first day of trading


lifetime locked in price




Join today the price moves to $40 a month June 1 2009