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"Just Oil"
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Mitglied seit Nov 18, 2009 735 Beiträge
speki
May 05 2011 at 09:51
Hmm, good to see some 'interactive trading' here. Wish you success. That 20% psych barrier will be knocked out soon. After that, let's hope the 20% will turn into massive support level.
Surround yourself with people whose eyes light up when they see you and who have no agenda for your reform. |
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Mitglied seit Jan 14, 2010 2186 Beiträge
Chikot
May 05 2011 at 14:31
cannot understand why history ahs not been updated.Iam at 16% nowback to previous high.I need to admit what a sucker I am.closed at 107.42 and it is now at 105.10.i originally set take profit at 106.50.damn,never knows where this thing willrun but it looks like leaving no take profit forpartofposition is good idea
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Mitglied seit Jan 14, 2010 2186 Beiträge
Chikot
May 05 2011 at 14:32
Thanks Speki,I hope so too.20% damned % is a true barrier here
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Mitglied seit Jan 14, 2010 2186 Beiträge
Chikot
May 05 2011 at 14:56
wow. under 104.00.
Did they find oil in Washington, DC? |
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Mitglied seit Jan 14, 2010 2186 Beiträge
Chikot
May 05 2011 at 22:08
I am itching to buy oil now, but feel weary as this huge daily candle carries a lot of momentum. I want to be sure that momentum turns before going long somewhere. still looks like a great opportunity.
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Mitglied seit Jan 14, 2010 2186 Beiträge
Chikot
May 06 2011 at 06:46
Yeah, it is not that simple.Not kind of last May 6, 2010 event. Price stays where it fell to and 100 holds as resistance. price is below daily open and testing 99.00.
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Mitglied seit Jan 14, 2010 2186 Beiträge
Chikot
May 06 2011 at 06:59
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.
In the long term I still believe oil will get much higher but I always go with a market and for now I see momentum has not shifted to long side. 100.00 did not hold as support and price just tested 99.00 although has not reached previous low for now. |
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Mitglied seit Jan 14, 2010 2186 Beiträge
Chikot
May 06 2011 at 07:04
this is as i see a big picture if price breaks below yesterday's low.
[URL=  [/IMG][/URL]Uploaded with [URL=http://imageshack.us |
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Mitglied seit Jan 14, 2010 2186 Beiträge
Chikot
May 06 2011 at 07:09
sorry, still no connection to image shack.
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Mitglied seit Apr 07, 2011 28 Beiträge
Total Recall (TotalRecall)
May 06 2011 at 07:15
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 blah bla bs |
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