Oooh oils down 123ticks at mo in the overnight (broken very strong support at my sell and then the equally strong below my sell), but i got in at 106.96 instead of around the 108 level where i wish i could have... lol Ahhhh my wishes. Ive hit it with a £2 tick though, so even if i cash in at the major support levels, let it bounce, check dollar, and then resell, it sould be £900 profit by the time it hits my set target level at 102.56. (il post a screen shot to prove i havent just been making all this week up) lol
Cashed it in fro £202... Goti into a second short, but saw it was too low, so managed to exit for a loss of just £14 when after paying £24 spread cost! (so technically profit £10) lol Im now just waiting to hit it hard from around the 106.26/35 area.. Heres my trade history for the last 2 days + so far this morning.. (Its jus over £850 profit in the last 2days, and £1.636 so far this week). Trade History Contract ID Status Order # Date/Time Buy/Sell £/Tic Price Profit/Loss Nymex Crude Oil - Nov Daily Fut 21007 Open 5764292 24/09/2008 14:45:00 Buy 1 108.22 21007 Closed 5764334 24/09/2008 14:46:00 Sell 1 107.92 £-30.00 NymexCrude Nov Fut - 20 Oct, 08 21008 Open 5764386 24/09/2008 14:51:00 Sell 1 108.31 21008 Open 5764807 24/09/2008 14:51:00 Sell 1 108.31 21008 Closed 5764807 24/09/2008 15:32:00 Buy 1 0 £Stop Loss Move 21008 Open 5764843 24/09/2008 15:37:00 Sell 1 108.57 21008 Closed 5765225 24/09/2008 16:21:00 Buy 1 107.81 £50.00 21008 Closed 5765225 24/09/2008 16:21:00 Buy 1 107.81 £76.00 21008 Open 5765226 24/09/2008 16:22:00 Sell 2 107.57 21008 Open 5765233 24/09/2008 16:22:00 Sell 2 107.57 21008 Closed 5765233 24/09/2008 16:23:00 Buy 2 0 £Stop Loss Move 21008 Closed 5765246 24/09/2008 16:24:00 Buy 2 107.22 £70.00 21008 Open 5765260 24/09/2008 16:25:00 Sell 2 107.44 21008 Closed 5765335 24/09/2008 16:33:00 Buy 2 107.14 £60.00 21008 Open 5765615 24/09/2008 17:03:00 Sell 1 106.58 21008 Closed 5765655 24/09/2008 17:09:00 Buy 1 106.26 £32.00 21008 Open 5765914 24/09/2008 17:45:00 Sell 2 106.39 21008 Open 5765924 24/09/2008 17:45:00 Sell 2 106.39 21008 Closed 5765924 24/09/2008 17:47:00 Buy 2 0 £Stop Loss Move 21008 Closed 5766180 24/09/2008 18:27:00 Buy 2 105.97 £84.00 21008 Open 5766181 24/09/2008 18:27:00 Sell 2 105.8 21008 Closed 5766195 24/09/2008 18:31:00 Buy 2 105.58 £44.00 21008 Open 5766200 24/09/2008 18:32:00 Sell 2 105.41 21008 Closed 5766959 24/09/2008 20:46:00 Buy 2 105.31 £20.00 21008 Open 5767056 24/09/2008 20:55:00 Sell 1 105.11 21008 Open 5769288 25/09/2008 11:51:00 Sell 1 104.67 21008 Open 5769301 24/09/2008 20:55:00 Sell 1 105.11 21008 Closed 5769301 25/09/2008 11:54:00 Buy 1 0 £Stop Loss Move 21008 Closed 5769746 25/09/2008 12:46:00 Buy 1 103.59 £108.00 21008 Closed 5769746 25/09/2008 12:46:00 Buy 1 103.59 £152.00 21008 Open 5773601 25/09/2008 19:10:00 Sell 2 106.96 21008 Open 5773605 25/09/2008 19:10:00 Sell 2 106.96 21008 Closed 5773605 25/09/2008 19:10:00 Buy 2 0 £Stop Loss Move 21008 Closed 5773698 25/09/2008 19:22:00 Buy 2 0 £Stop Loss Move 21008 Open 5773698 25/09/2008 19:10:00 Sell 2 106.96 21008 Closed 5774755 26/09/2008 08:22:00 Buy 2 105.95 £202.00 21008 Open 5774809 26/09/2008 08:29:00 Sell 2 105.49 21008 Closed 5774881 26/09/2008 08:39:00 Buy 2 105.56 £-14.00
GRRRRRRR THE 1DAY WHENI SHOULD HAVE JUST STAYED IN BED I HAD TO BE FOOLISH AND WAKEUP!!! STUPID OIL HASNT GOTTEN ANY BOUNCE AT ALL AFTER STRAIGHT FALLING, BUT ID CASHED IN BACK FOR £200, INSTEAD OF WAITNG OUT AND WOULD HAVE HIT £600 NOW! LOL
Spanish, i read about your giant stop losses and your risk/reward ratio... They are too conservative IMO... Next time you short crude around 105, put your target at 104 and your stop loss at 130 ... There are virtually no chances your stop would get it, especially considering your skills and knowledge of the crude market. Listen to me and you will be able to buy all tropical plants and furniture you want...
LOL Sorry mate but i don't have the need to take advice from someone else on a forum about how to make money traidng oil.. No offence, but i dont let others influence me, as when i previously did they were always wrong. And itd be stupid to make a trade with a target level of just $1... lol Ive managed to get another sell it at 105.89, and set target level for this at 102.52
Whenever i read someone write 'risk - reward' i know instantly that they are not trading, they are simply gambling though! lol So if you want to throw small amounts of the money at the market eachtime, hope to get some good odds on that bet, and 'win your bet' as you would say goodluck to you though..
Spanish, you're gona blow-out...it's just a matter of time...with your huge stop losses......and you threw risk-reward out the window.....lol In the meantime....I'll just sit back and watch the show with my popcorn
K cashed that in for £164 at 105.01, and not ut a £1 tick 30ticks s/l from just below 105 with target of 104.. I gta go out now, and dont wan get fucked or end up holding over weekend so that why i clsoed the sell for 164 profit only