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i think the drinks are on you! this is gonna be one sweet trade........ well done matey - nuff respect.

Where do i sign up? Who do i need to whack? :p

I trade the WTI and Brent contracts on ICE through the TT platform. Basically i was thinking of going short and looking for a suitable entry point. I waited for the 5 min dmi to cross to the downside and entered just after 12.40pm @ 10895. When i posted my previous message, i wanted to...

Nice shout! two dollars onside already!

I agree - think its a bit overdone......... BUT it all depends on the figures tomorrow. I think there could be a very big move tomorrow either way after the inventories numbers. A bullish number at these levels will trigger all sorts of stops Just my 2c worth. I hope you're right...

$109.72 high today! Thats over $10 in a week. Anyone brave enough to pick a top? :eek:

Sold! :)

Yeah same here, cant really see any major fundamental news for the move. Looks like no sellers really want to stand in the way of this. WTI has moved from a low of 98.90 last tuesday to a high of 107.85 today. Thats nearly a $9 move in less than a week. Im pretty new to trading the crude...

Wow!! This is unbelieveble. Everytime the oil sells off - it makes intraday highs. At what point can you say the trend has changed? I think the its all a bit overdone - but dont want to go short until im really sure - any ideas anyone? Currently trading $107.60 If the figures...

Exactly! who needs crack LOL :D

Just a quick update. Thank you guys for all your info/help/advice. Just to let you know, i went down the honest path and told them in my interview about how i left my last trading job. They were happy with the explanation and how i have learnt from the mistake, and was offered the job! :D...

I dont have any positions going into the FED announcement, but cut 25bps, and im selling max clip size in Equity futures across all markets! Who's with me?

In light of the Martin Luther King Jr. holiday on Monday we will see the release of the US oil inventory data. DOE crude oil is expected to show a build of 1.5mln (Prev.4.26mln), DOE gasoline build of 1.4mln (Prev. 2.19mln), DOE distillates seen flat (Prev. 1.15mln), and refinery utilisation is...

I dont think you understand my email. I didnt get fired for having a loss, i was told i was getting fired because i was hiding positions and trading over my risk limits. The problem i have is that at no time were risk limits discussed (either verbal or written, no discussion as to maximum...

Hmm an interesting array of answers. Obviously a lot of people are doubters in here, and would suggest that my story is bullshit - that is your prerogative and im not here to ask a question as to whether you think my story is true. Let me just explain a little bit about the trading that...

Okay guys i was wondering if any of you guys could offer some honest opinions or any ideas as to what should be the correct way to handle this. I have an interview with a firm, and i have passed all the pre screening telephone interviews and numeracy tests etc. Now i am meeting with some...