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Good to hear back from you usman :) Its boring here when you and spanish aren't active.

Its strange how the energies are all going in different directions march crude +11% apri crude +1% march gas -3% I just hope crude closes near the top of the day. That would make it very bullish for the next trading day. If we lose most of the gains, then we'll be back in the stupid...

Thanks mate! Though the market has now reached 37.80 Had i held on to my long, I would have made close to $4000. I hate it when this happens. I want to cash out and wait for it to go back down to 34 area so I could buy back again, but the damn thing never pulled back.

i got out at 35.18 with $1000 profit i'll get back in if we get a nice pull back

wow gas just dropped like a rock

Dude, thats not a bad plan at all. Taking a break from trading is sometimes the best thing to do. You'd be surprised how much of weight it reduces off your shoulders. Also, you come back in a month with a fresh perspective.

1st set of resistances are around 35.20-35.70 range I might get out around that area and wait to jump back in a pull back

Why did you withdraw your capital?

Yeah, i hope this triggers a massive short covering :cool:

wooohoo, i am going to let this baby ride. I have setup a $1 trailing stop. Lets see where this ride ends :)

We have now formed a very nice double bottom base on the 5 min bars sitting at 33.90. All we need now is a jolt and market should rally.

Damn giving away %20 doesn't sound like a very good deal. Will they let you trade anything you want?

Thats good to hear mate. I hope you get the gig. Do you know how much capital they will give you to start trading with?

On the hourly bar, we have broken out of the downtrend channel. All we need is a solid double bottom, which I am betting on right now, then we can rally back up to 35.62

just went long again at 34.18 we are putting nice higher highs and higher lows on the 1 min bar

Yeah i do the same thing. I got most of my money in my long-term trading account at e-trade and have a smaller amount for day trading in my IB account. Though so far this week, I've taken some losses in my long-term account for buying USO around 28.

wow 10 contracts is a lot. Is that a typical size for you?

lol yeah me 2, but knowing my bad luck these days, this thing might now shoot up and never look back.

I just dumped that trade @ 33.93 and took a small $75 loss i exited because it broke its earlier low no point in catching a falling knife here

I am home sick with a flu, so I won't be going to work. I am planning on trading all day today What about you spanish? Where is USMAN?