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FINALLY this oil news gets released - http://www.infowars.com/?p=2359

FINALLY this oil news gets released - http://www.infowars.com/?p=2359

Right - lower channel right in the 112 to 113 area and right where my primary short position targets are at.

I was not able to get filled at 130.00 on Thursday (missed targets by a few cents) and had to take fills at 130.40 on the rebound for +1.10 per contract. Today I have covered the remainder of my 131.50 entries at 129.50 for +2.00 per contract. My targets for $128.35 entries have been moved to...

Thanks - it was a good signal for original entry as oil had over a $4.00 per contract drop after my initial entries. :) The decision to continue the trade after rotation back up to my initial entry levels was my own based upon the overall technicals - so far so good, took some heat one day but...

Looks like the mid to low 128's will be a key area to see if our current oil trend will hold - if that area is tested and broken then we should have a build in those taking short term profits from long positions - we will see...

I am very sorry the CL did not run up to 137's and stop me out - I am sure you were just licking your chops to come in and praise the defeat - LOL! :p Typical ET :D

Correct - but for obvious reasons I was in the green Tuesday and then underwater and full defensive yesterday with the price spike, so I trade it as I feel is most prudent under the current conditions (discretionary). I have a playbook for the methodology but when "in the game" you have to work...

Was filled overnight with 5 at 134.50 (no fill on very last standing entry at 135.50 - price never traded there) and had good accordion action and some trade management covers during the overnight session and into this morning. I have covered my 133.50 (5) and 132.50 (10) entries at $132.00 for...

Right where the government wants you = FAIL! :eek:

More talk about the potential of Iran attack before November - http://www.infowars.com/?p=2288

More Ventura news today - http://www.infowars.com/?p=2282

5 contracts in at 133.50 and 5 in at 134.25 (no fill at 134.50) - cost basis for trade since started with all profits included is roughly $131.81 - position is underwater just over $2 per contract. I have 5 lots parked at 134.50 and my last entry at 135.50.

Filled at 132.50 and put some target covers at 128.35

War with Iran soon - http://www.infowars.com/?p=2262 http://www.infowars.com/?p=2279 http://www.infowars.com/?p=2274

Recent Ventura video - http://www.infowars.com/?p=2269

http://www.infowars.com/?p=2278 :eek:

http://www.infowars.com/?p=2278 More "insiders" point the finger directly at Bush for 9/11! :eek:

This is just another aspect of the global entities "financial grid" tightening down more day by day - they want their electronic hands in your financial pockets where ever you are!

It works out very well and is a form of what I call the "accordian" method. I am extracting profits of a small portion of the overall trade while managing the core position to play for a price pullback to a specific price target area ($112's in this case) - or "trades within a trade".