Recent content by Tmakedon

Wondering is what I meant to say, Anyhow the longer it hovers above 58.00 now they might try to do a squeeze Crude has become a daytraders dream and these position trades dont really work unless you buy at the bottom of the channel or short at the top.

Wonering if I should cover here Crude is very nasty and its just to darn early in the day for it to keep going down, it never does when Im short : ) Still holding but really itchy trigger finger.

I was just about to short and it started spiking up again at 59.80 I know its Friday but give me a break. Im just looking for retracement though not a long term short here.

7.08 looks kind of weak tempted to short it here.

Everytime Crude has an up day they call for a bottom kind of funny.

Anyone feel todays run up on crude is non convincing jumping almost 3 percent before the DOE report due tomorrow morning. Im not naive and understand that the market does what the market does, but trend is still down from what I can see. Anyhow entering a short at 53.800 stop at 55.200 lets see...

Your analysis is right on though great job, and from what it looks like after reading your post I dont think 53.10 can convincingly be held to get fresh longs in there which goes back to what you said about the market wanting to go lower regardless of fundamentals.

watching the over night session of the March Contract it being the the 23d of January, it is still obvious bulls are trying to get something going but it looks less than convincing. The only news I see is that there is cold weather in the Northeast part of the USA and that is why crude is up...

Friday was just a short covering rally its been warm pretty much until the end of January and we truly only have one month of winter left realistically and the reality is sinking in that there is plenty of crude to go around and that the comfortable price level will and should be 40.00-50.00, so...

First of all to the post that said you need about 200k to seriously make money daytrading if full of it. now I have an account of 100k, which means I have 200k buying power. I very rarely use the 200k buying power and I make between 3-500 usd a day. My average is about 5k a month. Thats more...

Im actually buying new hardware now, (its about time) I need to upgrade and wanted to know if anyone out there can tell me if it would work out well trading with a flat pannel 20 inch monitor standing alone without a second one. A friend of mine said it works great, I trade with two now, but if...

I got my 100k from a property that I sold, which is profit. I actually was uncomfortable doing that because my family has been in real estate all my life and that with hard work is a solid business, but it really burned me that I lost what I lost. So this money is now being used to get some...

I have a 100k account and I make comfortably about $1200-1500 a week, and I do that carefully. Its getting to the point where its easy for me to do that now because I really use those STOPS, and minimize loss big time. I do want to qualify this post by saying that I first started trading seven...