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  1. I

    5% - 10% profit per day trading

    crude March 09 contract expiry is next friday that is FEB 20 th , here is contract info from my broker platform (IB). Can you pls. verify so that we all make informed decision ( in case if I got wrong info ) Light Sweet Crude Oil Underlying : CL Security Type : FUT Contract Month ...
  2. I

    5% - 10% profit per day trading

    I agree with you , it can hit hard bottom . Once bounces back we should see atleast 37-38 range before this contract expires (next friday??) . Now the question is should we hold or close and wait for uptick ( holding on a solid base price) to re-enter. The problem with waiting for uptick...
  3. I

    5% - 10% profit per day trading

    It is pretty bad for all of us who are holding LONG. I am still holding , i did not see any comments from forum, I know it was pretty bad ... please post your thoughts ...
  4. I

    5% - 10% profit per day trading

    opened new LONG 37.25 seems low risk
  5. I

    5% - 10% profit per day trading

    limit closed long position at 37.80 on it way up to 38.30 ( i should not complain ). It seems I should not do any oil trades today to protect my profits :-)
  6. I

    5% - 10% profit per day trading

    limit sold at 37.60 , now long 37.20 again , it seems iam lucky today
  7. I

    5% - 10% profit per day trading

    wow what a drop , now LONG at 37.10
  8. I

    5% - 10% profit per day trading

    closed at 38.07 , I will be in quick trades today
  9. I

    5% - 10% profit per day trading

    yesterday closed positions for loss at 38 just opened LONG at 37.70
  10. I

    5% - 10% profit per day trading

    @useman , based on your posts readings it seems you never SHORT oil (or very very few ) , only Long all the time , Is it right ?
  11. I

    5% - 10% profit per day trading

    thanks @spanish ... I remember you were using a 'news service' for energy , it seems real time , can you give the name of web site .. I remember it is UK based site . Is it good or do you recommend any other
  12. I

    5% - 10% profit per day trading

    read above closed at 41 :-) this is just fluke , price action is not pulling up so just took a chance
  13. I

    5% - 10% profit per day trading

    closed 40 , just started day , searching for today oil news
  14. I

    5% - 10% profit per day trading

    just shorted 41.25
  15. I

    5% - 10% profit per day trading

    closed LONG at 39.90
  16. I

    5% - 10% profit per day trading

    closed short ,now LONG 40.00
  17. I

    5% - 10% profit per day trading

    today ( these days in general ) crude does NOT have it's own direction , it just follows ES (s&p) - to have 41.90 ( I doubt ) for crude today again you need s&P 880
  18. I

    5% - 10% profit per day trading

    shorted 40.90
  19. I

    5% - 10% profit per day trading

    http://www.bloomberg.com/apps/news?pid=20601087&sid=ahouWo7b06V0&refer=home but I do not think the above link news is real reason, i think it is small short squeeze. for me when price abruptly rises like today , the indicator weather this rise is true or false check that month options...
  20. I

    5% - 10% profit per day trading

    finally being in cash paid off with crude , patiently waiting in cash with no positions when market is not clear. took 1.5k in 2 trades while shoring and closing from 41.80 and down ... new short opened at 40.89
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