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OILITRADINGINSIDER.BLOGSPOT.COM
A GUIDE TO MAKE A LIVING TRADING OIL FUTURES
Tuesday, May 12, 2009
Sometimes making a quarter is like losing a dollar
We are not in the least bit surprised that oil is nearly $60 a barrel T. Boone Pickens in fact promised it months ago we took some short term scalping but ultimately got a little too pricey and missed the majority of this latest move up even though we have been telling everyone for days that we are going up. We correct our recent mental mistake even though we made money we let the real opportunity slip by and predicted it. Back to basics buy pull backs. This is a screaming buy channel. We will show patience
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midday chart
top horiz-54.37 middle line 51.74
make a living with oil futures
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Market is very predictable here. Stop guessing whi...
recap
(only read this post technical error)OPEX/CPI/DOL...
Same post new chart looking at the numbers 11:09 PM
jobless claims up
We start early in these parts 3:22 AM
oil drops to 57.375 /stop adjust 57.5 off to sleep
reversal of position-dollar rally kills crude
this Pull back had to occur-the long term Lens-Sec...
when i doubt Lay out
7:24 Members check your Emails-Join Follow on the ...
Dollar values abound./overnight traders adjust sto...
Today among other suggestions We said sell 60.5-...
monster day now
long at 58.15 moved stop to 58.67
update trading brisk on Tuesday
looking to finesse buy in
we have some members short at 60.05/stop adjust 5...
Sometimes making a quarter is like losing a dollar
Secondary account notes
daily chart
this is an excellent view of the past 5 trends dat...
just missed it still charted fairly well take a lo...
Around 3 Am OIL took another drop
a little disappointing start to the week
members just a little high
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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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