Time to short Oil

Discussion in 'Commodity Futures' started by thesharpone, Jul 3, 2008.


  1. On what do you base your judgement that;
    This over-hyped optimsm about the bailout in USA that is supporting and rising oil currently,
    combined with the fact that when they print all those 100s billions dollars inflation will rocket, and so the usd should logically weaken, + winter coming so more energy needed...

    Will be outweighed by the lower demmand, and so cause oil to gow back below 100 before rising??


    Thanks
     
    #91     Sep 25, 2008
  2. Next 33% of SHORT $109.75 entries set to be tagged out at $99.75 ......price action, "come on down"!!! :D
     
    #92     Sep 29, 2008
  3. EUR/USD dropping into financial grid takeover, mixed with world economic oil demand destruction.....the "one, two punch" :cool:
     
    #93     Sep 29, 2008
  4. Orders filled at $99.75......last 33% of my QM $109.75 SHORT add's will be set for $89.75 targets.

    Oil getting punked today with the EUR/USD drop. :cool:
     
    #94     Sep 29, 2008
  5. mr888

    mr888

    AMT how many contracts do you play with?
     
    #95     Sep 29, 2008
  6. SHORT add's at $109.75 was a total of 9 contracts.

    I am also still holding some additional positions from my original SHORT for this longer term trade from $147.75.....I will not cash those out until we trade in the $85 to $77 support zone.
     
    #96     Sep 29, 2008
  7. Oil

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    L


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    :eek:
     
    #97     Sep 29, 2008
  8. Well done mate! ;)


    IM SO SO FUKING GUTTED!!!!


    THE 1DAY OIL CRASHES I HAD TO BE OUT ALL MORNING, GOT IN AT LUNCGTIME WHEN OIL WAS 100/1 AND I THINK IF I TRADE THEN ITD JUST BE A CHASER TRADE, SO I JUST SIT AND WAIT FOR THE BOUNCE TO SELL OFF...

    GO OUT TO CALM MYSELF DOWN, COME BACK AND OILS SLID EVEN MORE!! :'(


    ON A DAY WHEN I SHOULD HAVE MADE THOUSANDS I MADE ONLY 392!!!
     
    #98     Sep 29, 2008
  9. Lets go to the $85's!!!!!!! :D
     
    #99     Sep 29, 2008


  10. How high you see it boucing 1stly mate????

    ive got order for sell at 107.66..., bu you think thats too high??
     
    #100     Sep 29, 2008