"Just Oil"

Chikot
Chikot
Apr 29, 2011 at 16:28
49,025 Tampilan
1,794 Replies
Chikot
Chikot
Anggota Sejak Jan 14, 2010   2299 pos
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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Chikot
Chikot
Anggota Sejak Jan 14, 2010   2299 pos
May 06, 2011 at 07:29
It is not that simple. for now mood is bearish obviously.
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Chikot
Chikot
Anggota Sejak Jan 14, 2010   2299 pos
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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Chikot
Chikot
Anggota Sejak Jan 14, 2010   2299 pos
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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Chikot
Chikot
Anggota Sejak Jan 14, 2010   2299 pos
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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Chikot
Chikot
Anggota Sejak Jan 14, 2010   2299 pos
May 06, 2011 at 07:39
damn, for all I kjnow it might be 300-500 pips day again.
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Chikot
Chikot
Anggota Sejak Jan 14, 2010   2299 pos
May 06, 2011 at 07:41
97.00 broken.
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Chikot
Chikot
Anggota Sejak Jan 14, 2010   2299 pos
May 06, 2011 at 07:43
good decision, good entry, trade management sucks.
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Chikot
Chikot
Anggota Sejak Jan 14, 2010   2299 pos
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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Chikot
Chikot
Anggota Sejak Jan 14, 2010   2299 pos
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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Chikot
Chikot
Anggota Sejak Jan 14, 2010   2299 pos
May 06, 2011 at 07:51
already 120 pips
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Chikot
Chikot
Anggota Sejak Jan 14, 2010   2299 pos
May 06, 2011 at 07:52
closing on 95.00. damn Ferrari.
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Chikot
Chikot
Anggota Sejak Jan 14, 2010   2299 pos
May 06, 2011 at 07:52
stopped at be at least I did not close it manually.
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Chikot
Chikot
Anggota Sejak Jan 14, 2010   2299 pos
May 06, 2011 at 07:54
not be, locked 30 pips. strong bounce. so, I would call it a day . could have made much more had I controlled myslef on winning side.
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Chikot
Chikot
Anggota Sejak Jan 14, 2010   2299 pos
May 06, 2011 at 07:55
it looks like investors coming back.
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Chikot
Chikot
Anggota Sejak Jan 14, 2010   2299 pos
May 06, 2011 at 07:56
but..... probably not yet .
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Chikot
Chikot
Anggota Sejak Jan 14, 2010   2299 pos
May 06, 2011 at 08:05
unbelievable.
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Chikot
Chikot
Anggota Sejak Jan 14, 2010   2299 pos
May 06, 2011 at 08:09
may be I moved stop too early. 94.50 being tested.
extraordinary events.
No wonder dudes do not do grids on oil. I imagine grid dude trading his little grid here.
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Chikot
Chikot
Anggota Sejak Jan 14, 2010   2299 pos
May 06, 2011 at 08:19
it's going down much faster than it went up.
ok, I feel tired and will take a nap before going to work.
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t1fx
t1fx
Anggota Sejak Jan 09, 2011   23 pos
May 06, 2011 at 18:35
big swing today for oil, i just close a LONG position and called it a day today.

how long have you been trading OIL ? I'm fairly new to OIL, only start trading OIL this year.
T1FX, Making Money Is Automatic
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