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  1. I

    5% - 10% profit per day trading

    shorted 5240
  2. I

    5% - 10% profit per day trading

    target 4800
  3. I

    5% - 10% profit per day trading

    shorted 4840
  4. I

    5% - 10% profit per day trading

    http://www.marketwatch.com/news/story/Private-sector-cuts-742000-jobs/story.aspx?guid=%7B2E7CEF2F%2D03AC%2D4418%2D9F73%2DFE4FFD3E034B%7D It was the largest job loss recorded by ADP in its nine-year history, Private sector cuts 742,000 jobs in March, ADP says...
  5. I

    5% - 10% profit per day trading

    for now oil is tagging on equity market strength , if it is pulled to 49.0 then good place for short once oil runs out of equity stength it will be pulled back to 47.50 level
  6. I

    5% - 10% profit per day trading

    Report bearish on all 4 fronts
  7. I

    5% - 10% profit per day trading

    U.S. Oil Inventories: For week ended March 27. Crude Gasoline Distillates Refinery Use EIA data: +2.8 +2.2 +0.2 -0.3 Forecast: +2.3 -1.2 -0.5 +0.2
  8. I

    5% - 10% profit per day trading

    http://www.msnbc.msn.com/id/12400801/ Americans are collectively driving billions of miles less each month, and that has helped to push U.S. oil inventories to 16-year highs. On Wednesday, the government will release the latest oil inventory report, which is expected to show a build up of at...
  9. I

    5% - 10% profit per day trading

    closed shorts at target , will be watching at higher level shorts 49.0 level
  10. I

    5% - 10% profit per day trading

    API numbers are out -------------------------- US crude oil stocks rose by 3.276 mln bbls - at the high end of expectations - in the week ended Mar 30, the American Petroleum Institute said Tue. API data also showed gasoline stocks fell 451,000 bbls, less than expected, and distillate...
  11. I

    5% - 10% profit per day trading

    entered new fresh shorts at 49.0 , target 48.50
  12. I

    5% - 10% profit per day trading

    NEW YORK -- U.S. crude oil stocks are expected to rise to a fresh multi-year high on data due Wednesday from the Department of Energy, according to a preliminary Dow Jones Newswires survey of analysts. The data, put out by the department's Energy Information Administration unit and covering...
  13. I

    5% - 10% profit per day trading

    closed all shorts at 49 for flat , taking a break before next position . mostly looking at short around 49.60 level , may take long only if it is too cheap like 47.50 level
  14. I

    5% - 10% profit per day trading

    OPEC has lowered its oil price forecast for this year. Qatar’s oil minister said yesterday that prices between$40 and $50 are fine in light of the global economiccrisis. He also said he did not believe OPEC would cut production at its next meeting in May. Crude prices have recovered more...
  15. I

    5% - 10% profit per day trading

    I think this is one last push before tomorrow EIA report , I feel this 49.90 is peak it will give back to 48.50 level atleast before 10:30 report tomorrow
  16. I

    5% - 10% profit per day trading

    Crude prices ticked lower after shedding $4 Monday on concerns about the future of General Motors Corp. (GM) and privately held Chrysler LLC. U.S. equity markets sank on the prospects of one or more going bankrupt, and oil followed suit. "Yesterday's sell-off was excessive," said Gene...
  17. I

    5% - 10% profit per day trading

    big time short avg. 49.0 , will hold for 50 cents down
  18. I

    5% - 10% profit per day trading

    http://www.marketwatch.com/news/story/Oil-falls-housing-data-inventories/story.aspx?guid=%7B9EFD4BC5%2D217C%2D4B79%2DB255%2D999E530D085B%7D&dist=hplatest The EIA reported last week that crude inventories in the U.S., the biggest oil consumer, rose to 356.6 million barrels in the week ended...
  19. I

    5% - 10% profit per day trading

    I am short at 48.30 , planning to hold 40 to 50 cents gain . I wanted to short more at 48.70 levels , as stated in my post above down side chance is high till tomorrow EIA stock pile report ( which is expected to be bearish )
  20. I

    5% - 10% profit per day trading

    gasoline RB dropped by 1.8% where as crude dropped by only 1.2% , this may be indication crude further drop, what you guys think. I am new to comparing this RBOB to crude , seems you guys are doing for some time , let us know your thoughts
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