Quote from pocrel:
hi guy just wanted to say hi and i am new but have read all the treads very interesting and very funny i must say been having all the same problems of winning and losing as you spanish, pissed off this morning as should have bought brent at 56dollars would have made a killing today but hey we live to fight another day, also in studying the spreading for scalping Worldpreads are competive annd the 250 money back is worth a pop, also financialspreads.com the same and paddypower.com why dont ye use these sites much tighter spreads? and all offering cash back so free money to play with, also what is you opinions on oil now is at the bottom? would you short todays bounce? its nearly 4dollars?
chheers guys
Aloha mate.
I misse dthe morning cos i went out clubbing in london lastnight and stayed over there in a hotel.
I got home, saw that spike, didnt have any real interest in selling oil at this low end of the 60s, especially with dow down at lows now waiting to re-rally later today.
So i instead ate my kebab, let oil drop down, and then dropped £2 buy at 63.92, then £1 at 63.69, and then as i saw oil starting an uptrend added another £1 long at 63.74
So a total of £4 long now from average of 63.82, target level set to cash in at 65.69 (oil will have to hit 65.75)
That trade went into profit on all the 3 trades after about 15seconds, and is now over £100 rofit already after just 1minute.
So if we can get a spike back up to the high 65s, which could be very likely as we had oil rise $4s from 61 to 65, fall back $2s to the mid 63s, and so now can quite easily rise $2-$3s more.
Especially now that down is back to barley above the 9000 after falling, but now starting a retremd, so we get 100+ more rise in dow and oil will easily reach the 65s again and if we take out enough of the saps who have stoplosses there we can get some nice spikes then.
