Edit Your Comment
"Just Oil"
Mar 08, 2013 at 14:09
会员从Jan 14, 2010开始
2299帖子
Mar 08, 2013 at 16:44
会员从Jan 14, 2010开始
2299帖子
closed this trade after coming back for some 50 pips. PA on 1H doe snot look good for shorts. previous one hour close and current 1H look like the last effort by bears. will be watching Sunday through Monday daily candles and 1H PA for possible trading decisions. will resume my oil trading too on Monday. another effort.
Mar 08, 2013 at 16:48
会员从Jan 14, 2010开始
2299帖子
Oct 08, 2014 at 18:56
会员从Jan 14, 2010开始
2299帖子
It's been long time. Been busting my balls and working relentlessly on my trading.
If I could I would rename this thread into Just Beans.
I have not traded live since my last post but was working to develop my plan and myslef as a trader.
Time has come to put my money where my mouth is.
Building my account to start making living from it.
No FX. it is Futures.
If I could I would rename this thread into Just Beans.
I have not traded live since my last post but was working to develop my plan and myslef as a trader.
Time has come to put my money where my mouth is.
Building my account to start making living from it.
No FX. it is Futures.
会员从Oct 11, 2013开始
775帖子
Oct 24, 2014 at 20:08
会员从Jan 14, 2010开始
2299帖子
alexforex007 posted:
Oil keeps dropping and hurting the Canadian Dollar. Inflation in the Eurozone may have difficulty rising if crude keeps falling.
Ah, it will go back up.
Sweet light crude cheap to produce is history. Many existing projects and those coming online depends cannot be viable if price is below $70 at the very least. That includes Canadian sands. Fracking doubtfully is profitable even at $100.
Dec 18, 2014 at 09:45
(已编辑 Dec 18, 2014 at 09:48)
会员从Jan 14, 2010开始
2299帖子
Ok, some news to report.
Just finished building cushion on my futures account to start trading 2 contracts.
Which means $25 per pip/ tick. which means my account is 50% up. Next target to add another 50% , new cushion to increase my size to 4 contracts which is $50 per pip/ tick.
I am still on 1 contract this month and will increase size starting January 5, 2015.
On this account I have max daily loss on 1 contract $200-250, but as I requested from my broker, once realized loss is $150 account is blocked for a day. also cannot open more than 1 contract now. Need to ask broker to increase and now as I have built cushion I can. Risk control is first and foremost and having only one loss allowance a day makes me very patient with entries.
Snake in grass which is what I am thinking of myslef when approaching this thing.
Now back to bed.
Just finished building cushion on my futures account to start trading 2 contracts.
Which means $25 per pip/ tick. which means my account is 50% up. Next target to add another 50% , new cushion to increase my size to 4 contracts which is $50 per pip/ tick.
I am still on 1 contract this month and will increase size starting January 5, 2015.
On this account I have max daily loss on 1 contract $200-250, but as I requested from my broker, once realized loss is $150 account is blocked for a day. also cannot open more than 1 contract now. Need to ask broker to increase and now as I have built cushion I can. Risk control is first and foremost and having only one loss allowance a day makes me very patient with entries.
Snake in grass which is what I am thinking of myslef when approaching this thing.
Now back to bed.
Dec 18, 2014 at 14:28
会员从Jan 14, 2010开始
2299帖子
Never underestimate Mr. market :) Anyway, I have no doubt crude will be back to $100's and possibly higher in say 1-3 years time frame. Shale oil production spike that caused oil glat on the market alos had created condition for shale oil production reduction due to current price issues which will create financing issues. It involves a lot of drilling to just keep those shale oil flows stable.
However it take time. Meanwhile I wonder how those shale oil guys gonna refinance and pay back their debts and if I am not mistaken there the whole junk bon industry based on that... Might be another 2008 kind of trigger.
However it take time. Meanwhile I wonder how those shale oil guys gonna refinance and pay back their debts and if I am not mistaken there the whole junk bon industry based on that... Might be another 2008 kind of trigger.
Chikot posted:alexforex007 posted:
Oil keeps dropping and hurting the Canadian Dollar. Inflation in the Eurozone may have difficulty rising if crude keeps falling.
Ah, it will go back up.
Sweet light crude cheap to produce is history. Many existing projects and those coming online depends cannot be viable if price is below $70 at the very least. That includes Canadian sands. Fracking doubtfully is profitable even at $100.
会员从Oct 02, 2014开始
909帖子
会员从Oct 02, 2014开始
909帖子
Jan 11, 2016 at 14:44
会员从Jan 14, 2010开始
2299帖子
dianajs posted:
Do you think oil might reach $20 this year? The bearish trend is so strong that nothing seems impossible.
Definite possibility. I am looking for meaningful pull back to enter. so far nothing.
But then it might go back up to $100. It already happened once.
会员从Oct 11, 2013开始
775帖子
*商业用途和垃圾邮件将不被容忍,并可能导致账户终止。
提示:发布图片/YouTube网址会自动嵌入到您的帖子中!
提示:键入@符号,自动完成参与此讨论的用户名。