was short at 73.80--
Ejecting here for a small loss at 73.93 no need to screw up a good day
Ejecting here for a small loss at 73.93 no need to screw up a good day
CL Redux
- Thread starter schizo
- Start date
What a crap day, anyone still in the CLF or has everyone moved to CLG? With todays volitility im thinking there is going to be a big move Fri or Mon. Whichever way will hopefully will set the trend for CLG.
I hate expiration week, it will drive you insane
I hate expiration week, it will drive you insane
Just got short 1 QM at 75.30 will short another 1 at 76 (R3)
This will be interesting to see if the 50% Fib from 82 to 68.2ish means anything. We are there right now around 75.
Dec. 18 (Bloomberg) -- Oil rose in New York after reports that Iranian forces entered Iraqi territory and surrounded a well.
Crude for January delivery was also helped by U.S. and German economic data that may indicate a rebound in demand for energy, rising as much as $1.67, or 2.3 percent, to $74.32 a barrel in electronic trading on the New York Mercantile Exchange.
Iranian forces entered Iraqi territory at dawn yesterday and occupied well number 4 in the East Maysan field in al-Fakah region, 450 kilometers (280 miles) south of Baghdad, Border Guard General Zafer Nazmi said. The Iranian forces positioned tanks around the well. The border guardâs comments couldnât be immediately verified independently.
âThey positioned tanks around it and dug trenches,â Nazmi said by phone from Basra. âThey are still there, they raised the flag.â
East Maysan in southern Iraq is an old oilfield that is no longer in production, according to Nazmi. Iraq is the third largest oil producer in the Middle East after Saudi Arabia and Iran.
Crude for January delivery was also helped by U.S. and German economic data that may indicate a rebound in demand for energy, rising as much as $1.67, or 2.3 percent, to $74.32 a barrel in electronic trading on the New York Mercantile Exchange.
Iranian forces entered Iraqi territory at dawn yesterday and occupied well number 4 in the East Maysan field in al-Fakah region, 450 kilometers (280 miles) south of Baghdad, Border Guard General Zafer Nazmi said. The Iranian forces positioned tanks around the well. The border guardâs comments couldnât be immediately verified independently.
âThey positioned tanks around it and dug trenches,â Nazmi said by phone from Basra. âThey are still there, they raised the flag.â
East Maysan in southern Iraq is an old oilfield that is no longer in production, according to Nazmi. Iraq is the third largest oil producer in the Middle East after Saudi Arabia and Iran.
trying a short, 74.57, stop 74.80
edit: moved stop to 74.65
edit: moved stop to 74.65