Quote from NO:1 OILTRADER:
Nice abs, lol.
There either not yours or your lying about the kebabs and pizza. I have to watch what I eat otherwise it goes to my bum.
Do you still get the feeling oil is going down? I think maybe we could get $70 but not much more. Still haven't taken a trade on it today.
Meli.
Lol
Thanks.
It is me though, ive got tons pics with my face in too on my various profile son sites.
And i may even pleasure the ET audience by rigging up my webcam to this site for a quick show!
*Was that a hint you want to see a photo of my bum??!!


That last 1hour after kebab was so sooo much fun!!
If i didnt have this fuking 12ticks spread, and instead had like 2ticks i would be pulling in 1000s per day still by my scalps!
That 81.04/16 up to 28/34 level was so so sooo much fun to just keep pumping then dumping!!
Only took in £25 - 35 per trade after comission, but did about 6 in 20mins taking in over £100 from that tiny tinsy little range!!! hehehe
Ooooooooh i must sound like a freaky but its just soo much fun to use and abuse oil by earning so much from such a tiny range.
I may also switch to a broker for te new few weeks / months though to do some real hardcore scalping!!!
I ended the day up £197 after all spreads costs.
I was at £262 after my 1st 2 trades this morning, so technically i merely wasted my whole day after that just laying around losing money in that 1 big loss, and then tssing my scalps around making it back...
But i had loads fun and more importantly i am adapting relaly really well to this new market much quicker than i though i would be able to, so im please with myself for that.

And in answer to your question 'nope', oil is done going down now.
If it broke down through the 76 STONG STRONG support barrier, that it couldnt even break trhough or come close to even touching on friday with all the crashing back then, then its not gna happen now by a slow gradual down trend.
As if we broke 76 theres then no where left to go to then try going into the $71-$66 area (which is barely higher than the actual production cost for some of the Opec countries so they could just refuse to sell at that price).
80.92 is providing extremely strong support already, and so im hoding £2 tick overnight now, as the asians and chinese LOVE to buy up oil given any chance, and so the dow going up over 400points after opening up nearly 400 start with even is going to mean BIG positive excuse for buyers to come in and nab some really cheap oil deals.
Especially with the dollar pairs now weaker 400 - 600points!
I had got a buy for £1 tick from 80.73 after a quick down spike, but i had £2 tick open from 81.06 back then and so didnt want to over do myself and cause any unecessary risk.
But i stongly feel oil is a great buy now, as 86.26 level is going to be hit very very soon if things just continue to 'just stablise' sideways even in other markets.