what we have here, is a nice spike showing the assumed direction. but as usual, sudden plot twist can happen too. always be prepared. {image}
will see later
velolthomas@gmail
- #164
- Nov 30, 2018 11:43am Nov 30, 2018 11:43am
- Joined Apr 2011 | Status: Hoc Etiam Transibit.... | 6,091 Posts
Simplicity is the ultimate sophistication - Leonardo da Vinci
Many pips have been lost, but still good entrance to weekend.
- #166
- Dec 2, 2018 8:08pm Dec 2, 2018 8:08pm
- Joined Apr 2011 | Status: Hoc Etiam Transibit.... | 6,091 Posts
{image}
I still have pending buy at 45.57
Simplicity is the ultimate sophistication - Leonardo da Vinci
- #168
- Dec 3, 2018 5:30am Dec 3, 2018 5:30am
- Joined Sep 2006 | Status: Trader | 10,704 Posts
every Saint has a past. Every Sinner has a Future
- #170
- Dec 5, 2018 10:47am Dec 5, 2018 10:47am
- Joined Dec 2008 | Status: Trader | 2,931 Posts
persistence and determination alone are omnipotent
- #171
- Dec 6, 2018 3:18am Dec 6, 2018 3:18am
- Joined Dec 2008 | Status: Trader | 2,931 Posts
persistence and determination alone are omnipotent
- #172
- Edited 10:18am Dec 9, 2018 3:28am | Edited 10:18am
(EIA) reported that domestic crude supplies fell by 7.3 million barrels
OPEC cut production by 800,000 bpd
non-OPEC producers cut 400,000 bpd
weaker U.S. Dollar
doji on weekly
rigs drilling for oil fell by 10 to 877
Libya 315,000 barrel-a-day field shut down
Canada cut...etc etc
and what is the effect, oil is going down again,
so just keep selling
OPEC cut production by 800,000 bpd
non-OPEC producers cut 400,000 bpd
weaker U.S. Dollar
doji on weekly
rigs drilling for oil fell by 10 to 877
Libya 315,000 barrel-a-day field shut down
Canada cut...etc etc
and what is the effect, oil is going down again,
so just keep selling
- #173
- Dec 10, 2018 3:30am Dec 10, 2018 3:30am
- Joined Dec 2008 | Status: Trader | 2,931 Posts
(EIA) reported that domestic crude supplies fell by 7.3 million barrels OPEC cut production by 800,000 bpd non-OPEC producers cut 400,000 bpd weaker U.S. Dollar doji on weekly rigs drilling for oil fell by 10 to 877 Libya 315,000 barrel-a-day field shut down Canada cut...etc etc and what is the effect, oil is going down again,
persistence and determination alone are omnipotent
- #176
- Dec 12, 2018 12:18am Dec 12, 2018 12:18am
- Joined Apr 2011 | Status: Hoc Etiam Transibit.... | 6,091 Posts
I bought WTI right before but this time it's CFD instead of Futures. Current price is $52 and when it goes down to $42, my DD will be -1000 USD, when it goes down to $32, DD will be -2000 USD. I will buy back more every 10$ levels when the price goes down. (I hope the price goes down further actually.) It's easy and almost guaranteed winning game. I don't know the upper limit but I do know the lower limit (zero$, which is impossible due to production cost). This is my advantage. The key is low leverage and patience.... 
Simplicity is the ultimate sophistication - Leonardo da Vinci
I bought WTI right before but this time it's CFD instead of Futures. Current price is $52 and when it goes down to $42, my DD will be -1000 USD, when it goes down to $32, DD will be -2000 USD. I will buy back more every 10$ levels when the price goes down. (I hope the price goes down further actually.) It's easy and almost guaranteed winning game. I don't know the upper limit but I do know the lower limit (zero$, which is impossible due to production cost). This is my advantage. The key is low leverage and patience....
Ki Sang has time for everything
- #178
- Dec 12, 2018 6:05am Dec 12, 2018 6:05am
- Joined Apr 2011 | Status: Hoc Etiam Transibit.... | 6,091 Posts
Simplicity is the ultimate sophistication - Leonardo da Vinci
- #179
- Edited 2:11am Dec 14, 2018 12:35am | Edited 2:11am
- Joined Apr 2011 | Status: Hoc Etiam Transibit.... | 6,091 Posts
Simplicity is the ultimate sophistication - Leonardo da Vinci
