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"Just Oil"
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Member Since Jan 14, 2010 2186 posts
Chikot
May 06 2011 at 07:24
May be, but I was expecting quick re bounce and and price moving above 100.00. It is not kind of thing that happened last year.
TotalRecall posted: Chikot posted: It looks like those unemployment data had important impact upon oil as investors realized what kind of recovery it is if it is going on hot air and not supported by real job creation. hi chikot I think the only thing investors-speculants realized was profits :D and some latecomers even losses. all that campaign.. buy commodities, buy silver,gold now when its still cheap... all they needed was some sheep to buy it from them at the top |
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Member Since Jan 14, 2010 2186 posts
Chikot
May 06 2011 at 07:29
It is not that simple. for now mood is bearish obviously.
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Member Since Jan 14, 2010 2186 posts
Chikot
May 06 2011 at 07:34
ok, shorted it after 99.00 got violated second time looks like serious attempt on yesterdays low. closed half position at 30 points above 98.50 and moved stop to be. no take profit target for now.
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Member Since Jan 14, 2010 2186 posts
Chikot
May 06 2011 at 07:35
will try to trail it if 98.25 doe snot hold if it holds I will close it probably myslef.
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Member Since Jan 14, 2010 2186 posts
Chikot
May 06 2011 at 07:39
closed it around 100 pips. i wonder why. I gotta work on my psychology. 98.25 did not hold broke like nothing and it's moving lower yet. damn.,
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Member Since Jan 14, 2010 2186 posts
Chikot
May 06 2011 at 07:39
damn, for all I kjnow it might be 300-500 pips day again.
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Member Since Jan 14, 2010 2186 posts
Chikot
May 06 2011 at 07:41
97.00 broken.
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Member Since Jan 14, 2010 2186 posts
Chikot
May 06 2011 at 07:43
good decision, good entry, trade management sucks.
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Member Since Jan 14, 2010 2186 posts
Chikot
May 06 2011 at 07:48
there were no sense to close it at the moment. I already moved stop to 98.30 and price was showing strong downward momentum.
it looked like my hand had life of its own. one of those days when big returns are made and trading is easy. |
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Member Since Jan 14, 2010 2186 posts
Chikot
May 06 2011 at 07:51
ok, shorted again with reduced risk closed half for 50, stop at 96,30 and I will not touch it and will only trail it.
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