Nothing bad happened, I never traded CL. I was kidding and at the same time to give an example that a trader can be right with empty pocket. So we need to be careful and not acted that way about a strong conviction that the future will be at a specific price. If I were betting on CL and acted that way, then it's a sure way to blow.
20 reasons why Oil to NEVER hit $135.00 again...dated: May 22, 2008
- Thread starter increasenow
- Start date
Does anyone "HIGH SPEED" trade the CL, QM or ICE Brent Crude Oil?
...I am very thankful to have netted $440.00 USD in 1 ICE Brent Crude Oil trade today (July 31)...the trade took approx :25 seconds...no hype or anything...very thankful for the profit...
It seems as if the best contracts to HIGH SPEED trade per 1 contract are CL and ICE Brent Crude Oil...and perhaps the DAX?(not sure about the QM mini Crude Oil)...
Thoughts and experiences?...also a preffered timeframe to do this?
...I am very thankful to have netted $440.00 USD in 1 ICE Brent Crude Oil trade today (July 31)...the trade took approx :25 seconds...no hype or anything...very thankful for the profit...
It seems as if the best contracts to HIGH SPEED trade per 1 contract are CL and ICE Brent Crude Oil...and perhaps the DAX?(not sure about the QM mini Crude Oil)...
Thoughts and experiences?...also a preffered timeframe to do this?
great post!..right on! [/B][/QUOTE]
Thanks for your encouraging words.
Some interesting news, it seems that Crude Oil is tumbling down and has gone below $120 for the first time in three months. I am not sure whether it is time to party or not? 
As it is good that oil prices is falling but it shows slow down in economies ( 
), also as following words say:
"Crude oil fell to $118 a barrel amid signs demand may be curtailed by slowdowns in the U.S. and European economies."
Please have a look at the following links:
Does this mean good for us all? Please comment.
As it is good that oil prices is falling but it shows slow down in economies ( ), also as following words say:"Crude oil fell to $118 a barrel amid signs demand may be curtailed by slowdowns in the U.S. and European economies."
Please have a look at the following links:
- Bloomberg.com: Energy Prices
- Bloomberg.com: Worldwide
- Oil prices approach $120 a barrel - Aug. 5, 2008
- AFP: Oil prices tumble on demand worries
- Oil prices fall to below $120 amid U.S. fears - CNN.com
- Oil prices fall on demand fears | NEWS.com.au
- Oil continues to tumble in London and New York - Telegraph
- RTÃ Business: Oil prices fall as demand weakens
- RTÃ Business: Oil below $120 for first time in 3 months
Does this mean good for us all? Please comment.
Hey oil guys, nice moves today (CL - Tuesday August 12, 2008)!
This is how the mo-fo went from open to close: down 23, up 123, down 262, up 150, down 86, up 99, down 80, up 125 & down 161.
If you look along the time line you get about 4-8 peaks and 4-8 bottoms per session. So when price is not going up, its going down. On the face of it, it seems very easy, huh?
".. ah bubbling crude.. oil that is .. black gold .. Texas tea"
This is how the mo-fo went from open to close: down 23, up 123, down 262, up 150, down 86, up 99, down 80, up 125 & down 161.
If you look along the time line you get about 4-8 peaks and 4-8 bottoms per session. So when price is not going up, its going down. On the face of it, it seems very easy, huh?
".. ah bubbling crude.. oil that is .. black gold .. Texas tea"
