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Well there will always be a few trick plays in every game....LOL! :D

All my SHORT covers in this zone are now filled....last 15% of my trade will ride for the $85's and below.

Thanks to tonights trading I have been able to have all my $100.75 to $98.75 zone covers tagged.....oil is now trading in a very large zone of stops. :)

.....just another PLANNED weekend wealth transfer as part of the "2008 Globalist (wealth transfer) Games".....don't you just love it! Smashing additional financial assets down to low wholesale levels to come in later and pick up the debris on the cheap.....do you maybe need a couple more...

That would be nice......we are sure trying to get there! This trade has played out about 90 days faster than I thought it would and the momentum is very strong at this point. :)

After the covers in this current targeted zone, I will have 3 QM's left for any additional downside...my stop for the last 3 QM's I will hold (after the $100.75 to $98.75 zone covers are filled) will be set at the $117's.

Yes I have another round of covers from $100.75 down to $98.75....some were filled today as we traded down into the $100 level. I have held these trades from higher price levels, so don't just go and initiate new short entries at these levels as this is a lower probability entry location imo.

Oil to $100....Yoda called it! :D

Profit targets are now getting covered with todays price action....will be playing these covers down to $98.75....remainder of the last portion of my position will be held for $85 to $77 (last 15% of my overall trade).

Kershner in Austin has zero down plus TT&L! :D

I would go with NT and the TT fix adapter feed instead.....you can get a better deal. http://www.velocityfutures.com/Ninja_platform.html http://www.velocityfutures.com/Fix_platform.html I like Zenfire feed myself for using NT but this feed is fine too.....horse a piece.

There is a lot of good reasons why the bigger oil traders would "let" oil trade to the $98 to $100 zone imo....due to past accumulations of LONG positions there.

I was able to take additional covers at 1.5180 on Friday, so this trade is looking real good with the area of support I was watching longer term busted now....so far so good.

I am almost all out of my AUD/JPY short trade with additional covers at 86.80 this week....holding my last 1/5th of the position for any possible run to 83.80, where I will cover the last portion and then be flat on this trade.

All scaled out and flat on this trade with the pass through .8140 this week....that was one heck of a move in a very short time.

Thank you Sir......this Forex trading has been interesting. Multiple significant currency moves all hitting at the same time for some excellent trading the past few months. Also, the leverage is very nice too. :)

Correct....I am very aware of the meeting. It is one of my companies that will be catering T. Boone's favorite West Texas Brisket meal for the event. :eek: :D

Just so you know....there are MASSIVE stops below the $99's from the last time we ROCK'd off this zone (from my market delta analysis at that time we last traded there.....I remember I had a small LONG position out of the $98/$99 area last time we traded there. I had entered a trade due to a...

Remember......"you gotta be IN to WIN" :D You have to be in longer term positions imo to play the significant moves in oil at this time......that is the highest probability plan of attack with all the volatility as I see it.

Nope.....I am trading around my core SHORT position with intraday trades here and there. Any major price movements I will just address by potentially "reloading" my core SHORT trade after any significant price increase in oil. This is a longer term SHORT trade and I see no evidence yet to...