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current rate 8910 :cool: now i have a feeling of 9050 on monday

Well OPEC is going to meet in 12 hours. Crude ended on a bullish note today but I have a feeling that we are going to see 8890-8910 tommorow. Who else feels the same? any predictions?

anyone has any experience with abn amro market index? I am thinking about opening an account there so views would be highly appreciated

dont know about $80 but yes its going to $85 and that too in less than a month

dont worry crude is going back to 9250 today however I would suggest u carefully evaluate the inventories and make a decision then

i m a daytrader and wht i meant was that it was a good short for a $1 move. However even on a longer term perspective(1 week) crude is going down. I would say that if someone is short be careful around $90/$91

we just hit a high of 9443 was a good point to go short

remain careful on the oil short we can see a retracement upto 9450 on monday

well got out of the long position(which was at 99.48 avg) with a loss @ 99.10 but overall yesterday was closed with a a reasonable profit. Todays trades S 15 97.84 B 15 97.83 S 15 97.84 B 15 97.81 B 15 97.74 S 15 97.91 S 15 98.03 B 15 97.44 S 5 97.70 B 5 97.49 S 5 97.63 B 5...

common sense says its februrary CLG8 but in the end i dont think it even matters

nice call on crude i believe it will touch 94 within next 2 days and i m pretty much sure we'll see a build up in inventories this wednesday

@oilfxpro I averaged before and I averaged now because I know market will remain in this range for enough time for me to get out profitably. And no market wont go to $98 overnight let alone $40. One has to have deep understanding of the fundamentals and technicals before going for averaging...

Today was a better day. Trades as follows B 31 99.07(covering yesterdays short position and going long) S 12 99.94 S 1 99.73 S 1 99.90 S 1 99.91 S 5 99.96 S 6 99.89 B 14 99.82 S 2 99.80 B 2 99.71 S...

sorry guys couldn't post yesterday due to some unforeseen circumstances. First of all yesterdays trades January 3rd, 08 S 6 98.51 S 1 98.85 S 1 98.90 S 1 99.00 S 1 99.08 S 1 99.01 S 1 98.97 S 1 98.98 S...

it seems like

@Setharb I use a combination of 1 min & 5 min charts. I have no prior experience in futures and I ve been trading since the last 3 months. Prior to that Ive done occasional investments in stocks (not actively) My basic strategy is to look for 10/15 cents and exit. @loik yes

thts difficult ill try tho it doesnt hurts to pay ur broker when u r earning

This is my first attempt at a journal correct me if I go wrong Following are the trades for today CLG8 S 4 96.54 S 4 96.52 S 4 96.50 B 4 96.30 B 8 96.21 S 10 96.13 B 10 96.00 S 10 95.83 B 10 95.69 S 10 95.61 B 10 95.48 B 10 95.10...

there one thing in asia which is more important than money....that is POWER & AUTHORITY Nothing feels better than 'owning' a country in third world countries rules & laws are only for the poor. Those with money, power and 'connections' cant even be touched by law.