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Just exited these lots at 72.90 for 130 ticks profit per lot Original entry of longs at 73.45 is still open

what 60 second rule??

+1 Or still if you are too conscious get Reuters 3000 Xtra. Here (in my country) it costs around USd 2000/month and gives you every news (rumors included)

Nopes. Added almost 70% more lots at 71.60

Added more 71.60 avg

As heech said, its the dollar and the unwounding of carry trade + Toyota concerns which means an immediate reduction in gasoline demand given the popularity of it in the US. Hedge funds may be liquidating but dont forget the net 10,000 contracts limit. Whatever the case, these are good levels...

Interesting :) What do you reckon is my 1)Account size? 2)Current longs? 3)Profit for Feb 10?

Heavily long @ 73.45 No stop loss See you guys at the close with +100 atleast

I am already in day trades..... It's the swing trades I want and this definitly is not the point for a safe 100 ticks short

Not at all... We are going down.... I am mad at myself for exiting early...

Exited at 77.30 for 30 ticks profit

SL moved to 77.40

We should fall to atleast 76.10 today

stop moved to breakeven at 77.58

Heavily short 77.60avg. SL 78.15

Just exited at 75.90 avg. for 280 ticks profit per lot EDIT: Even though I also believe it is headed towards 80 (I am already long OTM calls) I am not a position trader. I would rather book profits and buy again a dollar down than wait for the complete $10 upswing

Stop has been moved to 75.40 to lock in 230 ticks profit per lot

Average buy was reduced to 73.10 as added more lots. Stop has been moved to 74.30 to lock in 120 ticks profit per lot. Will let it run till 76.40

A rebound from 72.10 is in order today Max we can drop due to stop hunting is 71.80. Should not fall below

Just added heAvily to longs at 73.38 stop 72.38 target 74.95