long 106.54 my view is down OIL by EOD , but it seems we will get another chance for short at higher level .. so is this long
What sort of risk control do you use? I'm guessing you don't use stop losses, in which case, what do you do?
"China's Economic Data Leaked" http://www.zerohedge.com/article/chinas-economic-data-leaked "RTRS-CPI 5.3-5.4% (BBERG est is 5.2%) RTRS-PPI 7.4% (BBERG est is 7.2%) RTRS-IP 14.8% (BBERG est is 14%) RTRS-RETAIL SALES +17.4% (BBERG est is 16.5%) RTRS-FIXED ASSET +25% (BBERG est is 24.8%) * GDP also appears to be coming at 9.4%"
US PPI (Mar) M/M 0.7% vs. Exp. 1.0% (Prev. 1.6%) US Initial Jobless Claims (Apr 9) W/W 412K vs. Exp. 380K (Prev. 382K, Rev. to 385K) US PPI ex. Food & Energy (Mar) M/M 0.3% vs. Exp. 0.2% (Prev. 0.2%) US Continuing Claims (Apr 2) W/W 3680K vs. Exp. 3705K (Prev. 3723K, Rev. to 3738K)
http://af.reuters.com/article/commoditiesNews/idAFN1430162820110414 * Muammar Gaddafi's forces fired rockets into the besieged city of Misrata, rebels said, as diplomatic disputes over Western bombing in Libya continued. [ID:nLDE73D00A] * Chinese inflation in March accelerated to as fast as 5.4 percent from a year earlier, Hong Kong media said, reinforcing the government's vow to rein in price rises. Economists polled by Reuters expected annual inflation in March to be 5.2 percent, up from February's 4.9 percent. China is set to release official first quarter GDP figures and March consumer price data on Friday. [ID:nL3E7FE0EO] * Yemen's opposition rejected an offer to join Gulf-mediated talks on a transfer of power and set a two-week deadline for President Ali Abdullah Saleh to step aside. [ID:nLDE73D0RP] * Syrian authorities sought to defuse tensions in Banias by agreeing to withdraw the feared secret police from the restive coastal city replacing them with army patrols and to free imprisoned pro-democracy protesters. [ID:nLDE73D0LU]