"Just Oil"

Apr 29, 2011 at 16:28
54,629 Görüntüleme
1,794 Replies
Jan 14, 2010 zamanından beri üye   2279 iletiler
Jan 05, 2012 at 12:14
went long closed for -25 pips and then shorted again for about 40 pips. I think there might be another opportunity to buy for today's high break out attempt. but news are coming and I will call it a week. another positive one but cause some loses is half of what it should have been.
Jan 14, 2010 zamanından beri üye   2279 iletiler
Jan 06, 2012 at 13:22
ok. stopped be/ bought oil at 102.35. stop 102.00. target 103.15. will be interesting to check things once I am back. g/u is pretty close to my stop which is 1.5450
Jan 14, 2010 zamanından beri üye   2279 iletiler
Jan 06, 2012 at 18:28
ah, was posting this at Oanda and made this one post here by mistake. traded demo today. so far +5 pips, lol. -45 pips on g/u. -55 pips on 2 positions on oil and +105 pips on e/u. still have long a/u opened.

http://fxtrade.oanda.com/community/fxmessage/ultimatebb.cgi?ubb=get_topic;f=16;t=012757;p=112
Jan 14, 2010 zamanından beri üye   2279 iletiler
Jan 07, 2012 at 12:48
ok, this week big disappointment was closing my e/u short opened at 1.3036 at BE few minutes before big move started. was looking to short e/u few times at different important levels but lost those trades. had however big winners on oil with small losses which pushed account up but after due to losses on e/u return was pretty disappointing in comparison to where it should have been.
closed e/u cause saw good long oil opportunity and was invested with $0.20 in e/u which is pretty big for my account and leaving no room for oil. so closed e/u and started trading oil. but oil took few hours to go where I was looking while e/u dropped like a stone, so go figure. I traded with partial closes this week scaling out of trades. I wish MT4 had smaller sizes. like $0.05.
Jan 14, 2010 zamanından beri üye   2279 iletiler
Jan 08, 2012 at 18:16
TEHRAN, Iran - An Iranian newspaper quotes a senior commander in Iran's Revolutionary Guard as saying that Tehran's leadership has decided to order the closure of the strategic Strait of Hormuz at the mouth of the Persian Gulf if the country's oil exports are blocked.

Khorasan daily reported Sunday that Ali Ashraf Nouri says the strategic decision has been made by Iran's top authorities.

Iranian politicians have made the threat in the past, but this is the strongest statement yet that a closure of the strait is official policy.

The U.S. has recently enacted new sanctions targeting Iran's central bank and its ability to sell petroleum abroad over Tehran's nuclear program. Washington says Tehran is trying to develop weapons, while Iran denies the charges.
walker36
forex_trader_36599
May 13, 2011 zamanından beri üye   1329 iletiler
Jan 08, 2012 at 18:19
Chikot

Oil only Long.
Jan 14, 2010 zamanından beri üye   2279 iletiler
Jan 08, 2012 at 18:48
now yes! I am looking to buy
Jan 14, 2010 zamanından beri üye   2279 iletiler
Jan 08, 2012 at 18:51 (Jan 08, 2012 at 18:57 düzenlendi)
also looking to sell e/u. a/u I think long.
walker36
forex_trader_36599
May 13, 2011 zamanından beri üye   1329 iletiler
Jan 09, 2012 at 12:05
what about oil. is it making new highs?


walker36 posted:
Chikot

Oil only Long.
Sep 06, 2011 zamanından beri üye   1 iletiler
Jan 09, 2012 at 14:50
I would'n go long, it is very high price for today's market
Jan 14, 2010 zamanından beri üye   2279 iletiler
Jan 09, 2012 at 16:43
so far no change. lost one won one. even. I am looking to buy and I am short E/U.
Jan 14, 2010 zamanından beri üye   2279 iletiler
Jan 09, 2012 at 16:44
just closed short for few pips. so much time not moving in my direction. better pick whatever.
Jan 14, 2010 zamanından beri üye   2279 iletiler
Jan 09, 2012 at 22:02
ended today +80 pips. went long at 100.50 before leaving with risk 80 pips and target 102.50. Did not like another lower high and closed trade few minutes ago when came from work. I am pretty sure price will full down again but I am still bullish until 100-100.19 level holds.
Jan 14, 2010 zamanından beri üye   2279 iletiler
Jan 12, 2012 at 22:51
The week is up but not by much due to 2 winning trades which missed my TP and turned against me while I was away. cost me total 120 pips these 2. Thankfully got lucky and caught few moves yesterday and today to become up again for this week.
Jan 14, 2010 zamanından beri üye   2279 iletiler
Jan 12, 2012 at 23:40
Just checked chart. My my. I shorted for few pips practically from the top. last half got break even and I walked from PC. Now, I see there were news about embargo delay. so, everything clear. I guess it is sell for some time but ultimately with current oil situation prices less than $70 is unsustainable. Bear in mind oil sands and deep water projects.
walker36
forex_trader_36599
May 13, 2011 zamanından beri üye   1329 iletiler
Jan 15, 2012 at 12:33
Chikot
market is changing very fast these months due news effect. may be these days decreasing the PIP target and increasing the risk (Lot) may help combined with partial close and trailing stop.
Jan 14, 2010 zamanından beri üye   2279 iletiler
Jan 15, 2012 at 12:45 (Jan 15, 2012 at 12:48 düzenlendi)
This is where we are different. It is not that market changed. You can check my trades I posted on that same thread in Oanda I posted above. Thread called "Charts" by Lonestar. I came and saw price practically hitting 4 pips short of 103.00 which is the beginning of resistance area and getting stuck there and also starting getting lower highs. Guys ran up the price from 100.09 so, after this run not being able even to get to 103.00? Cheesy! Based upon my experience I sensed something cheesy and decided to short the damn thing thinking they are going to run to at least weekly open which was 101.90 I did not know of course about that piece of news that Euro nations delayed sanctions against Iran for 6 months... Which meant that guys who accumulated long positions betting upon those sanctions to be set in place to run oil to much higher levels had to start liquidating long positions. I do not see any market changes. I guess it is because we are coming to this from different perspectives. you are trying to rationalize it and to put it into numbers. I do not. I am trying to trade upon what I think about orders flow.
I was going long and short all over the place with good % of predictions being right and only lacked time to manage trades and you cannot leave oil trades running without much attention. Winner can turn loser without being managed. The thing is a beast. With my job I cannot even get myself some I-phone to check upon market. Lot of responsibility. i do not work at the office.
When i get my time back and I am quitting my current job when my wife is going back to work to trade and will be looking for job which is not messing with my trading hours.


walker36 posted:
Chikot
market is changing very fast these months due news effect. may be these days decreasing the PIP target and increasing the risk (Lot) may help combined with partial close and trailing stop.
walker36
forex_trader_36599
May 13, 2011 zamanından beri üye   1329 iletiler
Jan 15, 2012 at 12:48
Chikot

I am not saying you are doing wrong. but Iran effect on the Oil market is big these days
Jan 14, 2010 zamanından beri üye   2279 iletiler
Jan 15, 2012 at 12:50
I know this. It is obvious. BTW, Iranian small rocket boats were running around US carrier group. Dangerous stupidity.
If oiol was managing to go $1 on 1 min chart when Libyan crisis erupted you can expect it to make $5 on 1 min chart per 1 min if something happens in Hormuz.

walker36 posted:
Chikot

I am not saying you are doing wrong. but Iran effect on the Oil market is big these days
Jan 14, 2010 zamanından beri üye   2279 iletiler
Jan 15, 2012 at 12:51
The truth however that market will give you small clues almost always. It is big money/ big orders.
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