Para utilizar el chat, inicie sesión.

"Just Oil"

Chikot
May 03 2011 at 06:53
posts 2299
ok, it is not loading images from image shack.
T1FX (t1fx)
May 04 2011 at 02:05
posts 23
i do oil trading for this few months too. seems it's a nice pair to trade.

here is my client trade ac, just for oil this month:

https://www.myfxbook.com/members/t1fx/t1fx-usd3000/101815

S n R and trendline is good for trading oil. have some fun.
T1FX, Making Money Is Automatic
Chikot
May 04 2011 at 06:42
posts 2299
yeah, looks good.
but oil is not a pair :) it's a commodity.
I always wanted to trade oil.
T1FX (t1fx)
May 04 2011 at 14:35
posts 23
HAHA ..yeah last short position closed now. be back next week after NFP... wont be taking trades for this week.
T1FX, Making Money Is Automatic
Chikot
May 04 2011 at 21:01
posts 2299
I made mistake. went long. I was thinking 111.00 will not hold. so, when I shorted later in the morning I just traded back today loss from night session . No luck this week so far.
Decided to trade only OIL account as I take same trades on both accounts which kind of makes no sense. OIL 1 I will not trade until I get some idea to take different trades from OIL.


it will be nice to see when all this reverses and testes previous high again.
Chikot
May 05 2011 at 08:32
posts 2299
took into account yesterday's mistake waited and shorted at right moment. 3/4 position is closed at profit and 1/4 left to run with stop at BE.
Generally speaking after very strong daily candle it is higher probability that next day will also move in same direction especially if some important level were broken by daily candle like 111.00 the day before yesterday.
Chikot
May 05 2011 at 09:14
posts 2299
ok. looks like 108.40 got broken and I am in. will move stop to 108.56 locking 40 points.
I am thinking would not be wise not to have take profit at all. this thing can run 400-600 points daily.
Chikot
May 05 2011 at 09:34
posts 2299
locked 20 more points. target 107.06.
Chikot
May 05 2011 at 09:35
posts 2299
thir bound to be some reaction as this area has previous history but round numbers like this tend to house a lot of orders.
Chikot
May 05 2011 at 09:44
posts 2299
leaving home and closed at 150 points. 40 points away form target. brought account back. nice. sure It have good probability to hit 107.00 but better not to be too sure as I was too sure few times this week. bringing account back to former top is a priority. now, let's start bringing account to new high.
speki
May 05 2011 at 09:51
posts 735
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.
Chikot
May 05 2011 at 14:31
posts 2299
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
Chikot
May 05 2011 at 14:32
posts 2299
Thanks Speki,I hope so too.20% damned % is a true barrier here
Chikot
May 05 2011 at 14:56
posts 2299
wow. under 104.00.
Did they find oil in Washington, DC?
Chikot
May 05 2011 at 22:08
posts 2299
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.
Chikot
May 06 2011 at 06:46
posts 2299
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.
Chikot
May 06 2011 at 06:59
posts 2299
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.
Chikot
May 06 2011 at 07:04
posts 2299
this is as i see a big picture if price breaks below yesterday's low.

[URL=[/IMG][/URL]

Uploaded with [URL=https://imageshack.us]ImageShack.us[/URL]
Chikot
May 06 2011 at 07:09
posts 2299
sorry, still no connection to image shack.
Total Recall (TotalRecall)
May 06 2011 at 07:15
posts 28

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
El tópico está cerrado