Thursday, July 16, 2009

Near the S1 pivot

Bearish commentry making me laugh Crude did not blow through 62 however it did not crash through 58 either that is called a trading range though with this market you would have expected more upside but there was a lot of bearish developments
I shorted near 62 as well though Im not nearly as bearish as my collegues I covered too high at 60.75
and went long on the s1 pivot at 60.30 I will trade right out of that though im just riding the pendulum selling pops and covering for a decent profit buying dips flattening at a profit repeat









Click donate below for a one hour phone consultation
and drop an email chrgr06@yahoo.com to schedule