Long oil the dollar is screwed.

S

spersky

The fed does not even give a shit about the dollar. Next week we will get new Crude oil highs. I am long at 114.50 with a stop at 114.13.
 
using a tiny stop on a "fundamental" call isn't going to work.

but i still don't agree with your opinion
 
That is why I bailed. I use technical analysis, but I am sometimes influenced by Fundamentals. Then I have to come to my senses.
 
That is why I bailed. I use technical analysis, but I am sometimes influenced by Fundamentals. Then I have to come to my senses.
 
good bail. 47 cent crude stop is putting a huge amount of faith in your skill to nail the exact reversal point but if it works for you it works.
 
Quote from XBOT:
good bail. 47 cent crude stop is putting a huge amount of faith in your skill to nail the exact reversal point but if it works for you it works.
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LMAO so true.
 
Quote from XBOT:

good bail. 47 cent crude stop is putting a huge amount of faith in your skill to nail the exact reversal point but if it works for you it works.
More...

Granted $1.00 in crude is just *noise* these days, but a fitty cent stop is not unreasonable if you just treat it as a numbers game, crude is one of those contracts that will offer many opportunities well in excess of 3:1 with that kind of stop

Nice disciplined bailout by the way, plenty did not and will puke under $110 where you should be buying.
 
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