agreed
I want to go short too, though a lil timid in pulling the trigger right now lol
I want to go short too, though a lil timid in pulling the trigger right now lol
5% - 10% profit per day trading
- Thread starter spanish89
- Start date
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went short 1 QM @ 43.72
keeping tight .50 loss/exit
keeping tight .50 loss/exit
My exit hit @ 43.22
got out with $250 profit
got out with $250 profit
Aloha i just want to say thankyou to all the people who emailed me asking me to stay and to keep posting.. 
I knew there were people who come on here daily but dont post, but i had no idea i was this many and that i was helping so much...
But so i am happy to keep posting on here for you, but instead of posting in £s il just do it in ticks..
K for today ive been out all day anyways, but there hasnt been any entries so far.
I cant trade till tuesday though anyways since the feb contract doesnt expire till monday evening.
But for the people who are trading the marchh contract it is simply a case of getting your sell in as high in the mid 40s as you can with target down in the mid 30s...
Since just liek last month this huge $11 gap will be closed up, since why would the price of oil be worth $44 just 8seconds after being priced at $33?? :eek: :eek:
Answer is it shouldnt be worth that much just because of technicalitys with contract dates, since its the same oil.
And so itl return down to the same price.
I knew there were people who come on here daily but dont post, but i had no idea i was this many and that i was helping so much...
But so i am happy to keep posting on here for you, but instead of posting in £s il just do it in ticks..
K for today ive been out all day anyways, but there hasnt been any entries so far.
I cant trade till tuesday though anyways since the feb contract doesnt expire till monday evening.
But for the people who are trading the marchh contract it is simply a case of getting your sell in as high in the mid 40s as you can with target down in the mid 30s...
Since just liek last month this huge $11 gap will be closed up, since why would the price of oil be worth $44 just 8seconds after being priced at $33?? :eek: :eek:
Answer is it shouldnt be worth that much just because of technicalitys with contract dates, since its the same oil.
And so itl return down to the same price.
Good to see you back spanish
I understand the future pricing and the premimum being factored in,
but $11s premium... :eek:
It just seems way too steep for me.
I now just gta hope that it crashes to low 30s/high 20s between now n tuesday, and so weh i manage to get my hands on teh march contract i can get my buy in hard and ready for opec's febuary surprise meeting announcement..
Yeah, small, but the market is too chaotic right now so i am betting small
i think we are in the middle of a long term trend reversal (after that big drop from 130 last year) which means crappy whipsawed/sideways activity for awhile
i think we are in the middle of a long term trend reversal (after that big drop from 130 last year) which means crappy whipsawed/sideways activity for awhile
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