http://af.reuters.com/article/topNews/idAFJOE56C00Q20090713 Quite important fresh news about nigerias biggest militant group saying they have attacked major oil port in the last few hours. Ive havent looked at chart yet but i saw when flicking through news articles that oil has opened in the mid t low 59s which is very good, since it means that either later today if we can get it even lower back to the one of the 3 key levels taht i mentioned on friday, then we can rebuy it there and hold into the close/overnight for some more very safe profit. Ive got an amazing shit pattern at my work where i work the continental shift (4days on/4days weekend/4days on/4days weekend), so from tomorrow im free till saturday, so will be trading daily. (Although at the site thst ive been moved to i get paid 20k per year to just lay back in the recliner chair control room and surf the net on my laptop/listen to music, since apart from friday/saturday night we arent needed to do anything at all, so i will also been monitoring the market trhoughout the day/night, and postingon here too). What levels is everyone else looking for today though?? And what trades you all planning on making at what levels??
I want to see 57.26 hit. That would be the dream level to buy at. Im not sure if we will maange to get taht low today though, but i am 86% certain that i want to buy at around 4pm today and hold into the close/overnight. Ive set a buy order at 57.36, so need market to touch 57.30 to fill me into it. And target for that will be 59.62
My cousins and partners in crime are doing everything to get there oil longs into profit.........i hope they wait for ever
Just got my 1st pay cheque and they have tax me the full rate as its my 1st ever tax paying so i havent done p45s or that stuff before, so im very annoyed about this!! I need some money so im gna buy oil if we can fall to 59.26 before the close.
lols, welcome to the club man! US Gov has been taxing me since I started working at age of 16, and now, they are putting my tax money in the pocket of AIG/Goldman crooks using gov bailouts. When I build a decent size account, i will move it offshore to protect it from these crooks. As for oil, i was planning on going long today, but the price didn't break above my target resistance level during normal trading session, so i didn't do anything. The sell off on market open told me that the market is still weak, so i just stayed back and watched. I was taken back by the rally in S&P. Oil didn't move with it, which was odd, problly another sign of weakness in the energy markets. I'll check the charts tonight to see if I find any patterns to trade.
They'll still find you eventually. The only people that get away with this are the major players and the banksters.
GRRRRR why thee fuck didnt i just leave that buy order in overnight and for today!!! I slept out today as id got less than 3hours sleep for the last nights and so had decided to just sleep off today to makeup for it. But lastnight when i saw oil had risen over 60 into the 9pm close in cancelled my 59.26 order as i knew that if it was going to fall 80ticks overnight to fill me in tghat there would have to of been a very very big thing happen, and so it would likely be on a fall of 280ticks on that news, so i wouldnt have wanted to been in a long. But i just now and saw that i would have got filled in by a few ticks clear in the pit close, and it then rose back over $60!! I just feel depressed now.