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54.60 :( i feel like kicking myself if only i had put a trailing stop :(

finally Trades for today 1 BUY @ 52.50 1 SELL @ 51.40 (Stopped Out) 1 BUY @ 51.45 1 SELL @ 52.76

i need crude to touch 52.80 :/

well its spread betting, rite? sounds like fun a couple of questions more if you dont mind 1. Which country are you from and where is your broker based? 2. Any charges on withdrawing money from your account? How long does it takes for the funds to reach to your bank account from the time...

@spanish89 1. What do you mean by 1 pound/4 pounds per tick and stuff? 2. How long have you been trading and what is the timeframe of your average trade? 3. Who is your broker and what commissions do you pay? 4. Any indicators you use?

1 BUY @ 52.10 1 SELL @ 52.45 1 BUY @ 53.71 1 SELL @ 53.95

W on 1 hour chart currently at $53.10 I am planning to go short around $54 EDIT: SELL 1 @ 53.30 BUY 1 @ 53.09 Target achieved. I am out As far as later tonite is concerned, I believe it will touch $54

1 BUY @ 51.29 1 SELL @ 51.60 1 BUY @ 51.75 1 SELL @ 51.91 Not too happy with the exit on 1st and entry on 2nd trade. Should have let the 1st trade run especially when the indicators were in my favour EDIT: The moment I exit my trade, rate jumps to $52.40 :(

ive been trading crude oil for the last 1.5 years. I am a daytrader and trade using 1 min and 5 min charts. Initially I made some mistakes and lost alot of money but now when I look back I see that I ve learned a lot. As far as earning 5-10% a day is concerned it is easily possible if you...

crude oil (CL) on NYMEX

i suggest you stay with MFGLOBAL btw what sort of commissions are you paying for futures over there?

I expect crude to rise to 10350-10400 tomorrow

you probably dont have any common sense oil prices have been rising over the last couple of years. Look at the broader picture @loik that would take many years

one simple question. why would OPEC and other non-OPEC producers let oil prices fall anytime in future? Their economies depend on oil. Why would they let supply keep up with demand in future?

well it took 2 more days than I anticipated but I guess 2 days is an acceptable time frame if you are predicting major reversals :) so who profited from todays moves?

this was one I am expecting market to drop to $105 today or tomorrow

these are phil flynn's recommendations. Although I dont know about the guy and not questioning his abilities or command over the market but over the past 2 weeks all he was talking about was shorting crude (back when it at $86 to $100 level) and hi sops were consistently being hit. BOTTOM...

short squeeze? I guess thats relative because usually my target is 10-20(10-15 per day) cents although i also go for 75+ cents(1/2 per day) moves. As I said earlier I am a daytrader.

hit a high of 10653 and now its at 10399. I got out at 10485 btw any predictions for monday anyone?

market bounced back from 10290. I added another short from 10530 earlier today. I should have also shorted from 10590 but was a bit scared. lol now i feel that a short from 10630-10650 would be a good trade for a dollar or two.