Similar.
Down $500 on 1 contract.
Was down a LOT more at one point!
Still, have had 5 winning days in a row now thanks to Nodoji's subliminal message, so cant complain.......yet!
CL Redux
- Thread starter schizo
- Start date
Similar.
Down $500 on 1 contract.
Was down a LOT more at one point!
Still, have had 5 winning days in a row now thanks to Nodoji's subliminal message, so cant complain.......yet!
I agree, I felt CL was too hard for me to trade today, so I traded TF and 6A for a small profit. CL seemed to make fast random moves today, and I wanted something a little slower.
<< this is 7:47 PM bit old news , when CL retraced from 104.60 to 103.62
The reason I am posting it here is , once morning New York market opens,
- this Chines inflation can be a BEAR factor for Wednesday ( esp. for Long Term OIL FUND investors )
- in addition to EIA report Crude build BEAR factor for Wednesday
let us see what happens ..
>>
Oil Drops, Erasing Earlier Gains, After Chinese Inflation Exceeds Target
By Paul Gordon - May 10, 2011 7:47 PM PT
http://www.bloomberg.com/news/2011-...s-after-chinese-inflation-exceeds-target.html
Oil dropped as much as 0.3 percent, giving up earlier gains, after China reported inflation which exceeded economist estimates and the governmentâs target. Crude was down 26 cents at $103.62 a barrel at 12:43 p.m. Sydney time, after earlier rising as high as $104.60.
Chinaâs consumer prices rose 5.3 percent in April from a year earlier, above the governmentâs full-year target for a fourth straight month. The gain was more than the 5.2 percent median forecast in a Bloomberg News survey of 30 economists.
The reason I am posting it here is , once morning New York market opens,
- this Chines inflation can be a BEAR factor for Wednesday ( esp. for Long Term OIL FUND investors )
- in addition to EIA report Crude build BEAR factor for Wednesday
let us see what happens ..
>>
Oil Drops, Erasing Earlier Gains, After Chinese Inflation Exceeds Target
By Paul Gordon - May 10, 2011 7:47 PM PT
http://www.bloomberg.com/news/2011-...s-after-chinese-inflation-exceeds-target.html
Oil dropped as much as 0.3 percent, giving up earlier gains, after China reported inflation which exceeded economist estimates and the governmentâs target. Crude was down 26 cents at $103.62 a barrel at 12:43 p.m. Sydney time, after earlier rising as high as $104.60.
Chinaâs consumer prices rose 5.3 percent in April from a year earlier, above the governmentâs full-year target for a fourth straight month. The gain was more than the 5.2 percent median forecast in a Bloomberg News survey of 30 economists.
long 103.66
20c stop
edit: stopped
20c stop
edit: stopped
