Search results

don't throw the towel, you're closer to your goal than you think. Take a break, analyze what you did so far and go back at it. I don't have a automated strategy, but after 5 years of reading books, losing money, and feeling like crap, I FINALLY GET IT. One of the main the reason why most trader...

is it just me ??? do you guys see a double bottom forming at $61.50. take a look at the chart below www.liofmc.blogspot.com:)

Despite the sell off this week, oil is trending up. I'm waiting for the break of the $65 level to go long. The blog is updated. As always enjoy the rest of your weekend and good trading. Cheers :) www.liofmc.blogspot.com

The question now is: what to do with that 2 billions dollars :D

there's a new no 2 on forbes richest list.......read article below... do you think he'll be #1 within a year ??? http://www.globeinvestor.com/servlet/story/RTGAM.20070412.wslim0412/GIStory/

after the selloff yesterday...yes I think alot of people will buy tomorrow. So...yeah.. your long position looks good.But this market is brutal. and i wouldn't recommend place a trade before a Number announcement. :) www.liofmc.blogspot.com

Thanks Old trader..... you guys see what happening right now!! thank God I'm not trading this week. :eek: www.liofmc.blogspot.com :)

No Play for me next week. Will be on the sideline. I truly believe oil will trade sideway. But once again overall direction is UP. The blog is updated. Have a great week and good trading. Cheers :) www.liofmc.blogspot.com

Well I'm usually more conservative with my stops, I would normally put my stop @ 67.10...but i find it too tight. So for this week I'm risking a little bit more money. If you don't mind Old Trader, what is your play for the CL ??? cheers :) www.liofmc.blogspot.com

hey guys well I don't know about you guys, I'm looking to short the CL around the mid $65 next week. Am I crazy !!! maybe.....:D anyways , the blog is updated with analysis for next week . Enjoy the rest of your day and have a great week :) cheers www.liofmc.blogspot.com

Like i said in my analysis last week..i expected oil to reach $67 soon, but not this week !!! jeeeeez..... I will probably be short next week, we'll see what happen friday. :) www.liofmc.blogspot.com

Jesus Murphy.....That is one naaaaasty tick. feel sorry for those who were long above $64. OH well. we'll see what happen by the end of the week. very interesting stuff happening here :) www.liofmc.blogspot.com

WOW...I completely missed my entry point on that one. we'll see what happen !!! www.liofmc.blogspot.com :)

Hi guys it has been a good week for bullish traders. I'm still bullish for next week. I'm long at 61.40 and have a target of 63.20 for sure..maybe 63.45. We shall see. The blog is updated with new analysis. Enjoy the rest of your weekend and good trading !! cheers :)...

Well for me..it's all about technical analysis. I been studying t.a. for 5 years now, since college, and I find that it's the best thing that works for me. Now to answer your question,how do I determine entries and exits. It all depend on the formation I see on the chart( double tops, wedges...

hey Old trader. Do I use those kind of stops when trading ? yes. I risk about $1500 to $2500 per week on the CL( if I, see opportunities of course). I started trading oil futures in February. I found that they're perfect for technical trader like my self

thank you Guru it's seems like we trade the same products. I'm also trading the ER2. In my opinion ,it's the best instrument to trade right now. I started looking at oil in January. :)

my blog is updated with my analysis for next week. You'll also find a long term analysis that might interest some of you, it's about a possible upside breakout sometime in April. hmmmm!! have a great weekend guys and happy ST.patrick day...don't drink too much ( NOT :D ) cheers...

just what I expected.Oil reached my two targets this week. It might re- test the low of 56.17 even 56.00 on Monday. If those levels are broken, expected price to go down to $54. Full analysis in blog in a couple of hours. cheers :) www.liofmc.blogspot.com

With the double top confirmed, I expected more bearish movement next week... I think a Limit short @59.47 is not bad. My blog is updated. Have a wonderful weekend guys :) cheers www.liofmc.blogspot.com