Oil is going to $70+ per barrel

Discussion in 'Commodity Futures' started by marketbarometer, Feb 3, 2007.

  1. #11     Feb 17, 2007
  2. Though I'm "predicting" it, my money doesn't necessarily follow. I have stop losses and profit targets when I actually trade. This is merely a subjective guesstimate based on charts, etc. Most of my trades are based on support resistance as the price of oil moves. Obviously if this breaks out of resistance, I'll be buying it up.
     
    #12     Feb 17, 2007