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How did you come with sl 8044?

long 8042 target 8169

Anyone holding into the eia? Im holding long.

Just play the direction of the trend. Im assuming that you are short bias? I burned a stupid amount of money in the past 2weeks trying to play the short side. So im playing the long side now. I don't agree that its going up but riding with it is better than swimming upstream.

I did ok. I was buying the dips from 1130 forward. Buying the 60-70 area and selling the 85-95 area. Only played the long side. Just put a stop at the 11:10 low 8132. Just cant be greed on the long side after the huge rally yesterday. After a big rally or selloff look for minor profit taking...

Its easy in hindsight:p

api @4.30 today

This market doesn't seem to breakout every day. So be patient and let it come to you. This is what I tell myself, not often enough sometimes

Looking for a rebound to 8120-30 see what happens

Closer look, I see it was breached. Still playing long side, minimal risk

daily tl support held.

It covers gasoil too!

I don't think opec creates reports? Here some eia crap: http://www.eia.doe.gov/oiaf/analysispaper/retrospective/index.html

Every did below 70 has met aggressive buying. Look at 2/5/01 when it hit 6988. That was the day the upward trendline was broken. With something as bearish as that, everyone jumped in and bought. The only way I think we go way below 70 is if the indexes tank also. Its possible looking at how...

I just did it on TS continous chart and we have not broken above it yet.

Put a tl on that going from 3rd quarter of 2003 low to jan 2007 low. Looks pretty interesting. Per that line we have broken to the upside of it

I don't think he cares about this resource that we rape the earth for so we can speculate on it:D

When they were drawn they were not eyeballed. Upper tl start is 7020, end is 7947 The lower tl start is 7020, end 7147. That one is comprimised of 2weeks. When market breaks, lower tl will be entry point/cover. Reason for using the upper tl is that chartwhiz never regarded the lower tl. Not...

Changes minute by minute eh?

The current trendling being touched today. 02/05/10 - 03/19/10