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.
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.
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
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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