I’ve been day trading oil all week with tide stops and taking profits as little as $.50. This is hard work. I have to actually sit in front of the monitors all day to make very little money. As oil stabilized around $50 I think I can prepare to pick a direction and trade it [...]
Filed under: Commodities, Energy | Tagged: CL, curde oil, OIL | Leave a Comment »
China’s stimulus package has helped oil up to above $65. I didn’t get to buy more because I thought it may move lower before it moves higher. I started to pickup a few contracts here and there when light crude traded just above $60 last Wednesday hoping it may move lower before I jump in [...]
Filed under: Commodities, Energy | Tagged: china, Commodities, crude oil, Energy, OIL, stimulus package | Leave a Comment »
Light Crude is at $63.79, below $64 again. I’m going to wait a little bit to see if it goes down some more before putting on my trading range trade which has worked well for me so far.
Filed under: Commodities, Energy | Tagged: crude oil, Energy, OIL, trading range | Leave a Comment »
Light curde is at $64.07 again. I’ll keep doing the same trade until it fails me: Buy at around $64, take profit above $67, stop lost $62.
The EUR/USD at 1.26 is interesting, but I’m not ready to trade this pair yet. I’m going to wait until after the election. With current information, my model gives [...]
Filed under: Commodities, Energy, ForEx | Tagged: curde oil, currency, election, EUR, ForEx, JPY, Obama, OIL, risk, USD | 2 Comments »
Light Curde is down to $64.25 again. I’m going to buy a few contracts for hope that it may bounds back to $67 soon. Stop lost at $62.
Pickup a little more JAVA for 4 dollars and change.
Filed under: Commodities, Stock | Tagged: CL, JAVA, OIL | Leave a Comment »
