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  • #87,561
  • Apr 20, 2009 6:14pm Apr 20, 2009 6:14pm
Quoting Jay Walker
Could oil get to $20/barrel again with peak oil?
it dropped 4bucks today last i heard. i dont remember where the month ends for futures but the longs are scared.. might end tomorow.. demand is going down each layoff.. no job no need to ride.. i just threw it out there..i thought 25 and posted it in feb... unsure now its so manipulated by ice
those who can, do. those who cant, talk about those who can
  • #87,562
  • Apr 20, 2009 6:14pm Apr 20, 2009 6:14pm
Quoting knuckledrag
Unfortunately I do keep up with the grimmer side of the human socially dysfunctional society. Luckily I have my new dashboard Obama
I like the "Made in China" engraving.

YES WE CAN!!!
Not all sins are created equal
  • #87,563
  • Apr 20, 2009 6:15pm Apr 20, 2009 6:15pm
Quoting 5abi
I see this off the H4.

I am using a 50 pip stop here I know it is slipper but I cant resist temptation. Trust me I am not like this usually but right now it looks very probbale trade
It's slippery but hey, it's Forex.

I'd do a similar trade if I wasn't in a short right now.

It has to go up before it continues down so there's your chance
Not all sins are created equal
  • #87,564
  • Apr 20, 2009 6:17pm Apr 20, 2009 6:17pm
I have added few more longs in GU and GJ. Very tight stops at about 50 pips-

Quoting 5abi
I see this off the H4.

I am using a 50 pip stop here I know it is slipper but I cant resist temptation. Trust me I am not like this usually but right now it looks very probbale trade
Its all in the mind.
  • #87,565
  • Apr 20, 2009 6:18pm Apr 20, 2009 6:18pm
Quoting gatorinla
it dropped 4bucks today last i heard. i dont remember where the month ends for futures but the longs are scared.. might end tomorow.. demand is going down each layoff.. no job no need to ride.. i just threw it out there..i thought 25 and posted it in feb... unsure now its so manipulated by ice
Demand is going down sure. But people's memory isn't really long and before you know it, oil is at $30 and all those SUV's sitting in garages could come out again which would inevitably make the price of oil crawl up.

We could speculate all day on "what if's" but I suppose time will tell.
Not all sins are created equal
  • #87,566
  • Apr 20, 2009 6:18pm Apr 20, 2009 6:18pm
If it survives first hour or two of Japan open, It will be most likely a profitable trade

Quoting Jay Walker
It's slippery but hey, it's Forex.

I'd do a similar trade if I wasn't in a short right now.

It has to go up before it continues down so there's your chance
Its all in the mind.
  • #87,567
  • Apr 20, 2009 6:19pm Apr 20, 2009 6:19pm
i am currnetly short on the EURUSD, anyone else short?
  • #87,568
  • Apr 20, 2009 6:20pm Apr 20, 2009 6:20pm
Quoting Duce
Who says they even care about their children? The guys on top only care for themselves.
thats why im long pitchforks.
those who can, do. those who cant, talk about those who can
  • #87,569
  • Apr 20, 2009 6:20pm Apr 20, 2009 6:20pm
Quoting clayton4115
i am currnetly short on the EURUSD, anyone else short?
ask J
those who can, do. those who cant, talk about those who can
  • #87,570
  • Apr 20, 2009 6:24pm Apr 20, 2009 6:24pm
Quoting 5abi
If it survives first hour or two of Japan open, It will be most likely a profitable trade
i donno u.s. equitys were down usaully japan follows..bringging yen pairs down.. then it boils down to... bad news for exporting japan stocks uasually means.. well you know the rest..
those who can, do. those who cant, talk about those who can
  • #87,571
  • Apr 20, 2009 6:24pm Apr 20, 2009 6:24pm
short from 1.3293
  • #87,572
  • Apr 20, 2009 6:25pm Apr 20, 2009 6:25pm
Quoting eaglestar
......... and am on robert miner now dt workshop...
No need to go any further. He is the best ......... and his software.
  • #87,573
  • Apr 20, 2009 6:26pm Apr 20, 2009 6:26pm
Quoting gatorinla
ask J
  • #87,574
  • Apr 20, 2009 6:27pm Apr 20, 2009 6:27pm
hi shark

i am short as well looking for 1.2530 long term, but happy to take 50 pips profit at a time on the way down
  • #87,575
  • Apr 20, 2009 6:27pm Apr 20, 2009 6:27pm
i hit tp days ago i was short from 3520 something.. i forgot to move tp up.. never came near hitting my first sl 35560...that would of been a sweet trade on paper..
those who can, do. those who cant, talk about those who can
  • #87,576
  • Apr 20, 2009 6:29pm Apr 20, 2009 6:29pm
Quoting gatorinla
i donno u.s. equitys were down usaully japan follows..bringging yen pairs down.. then it boils down to... bad news for exporting japan stocks uasually means.. well you know the rest..
definitely- most likely will be down for Asian stocks- I have 2880 stop. Most likely i will add more longs if that gives way (ofcourse based off what I see then)
Its all in the mind.
  • #87,577
  • Apr 20, 2009 6:31pm Apr 20, 2009 6:31pm
first 1.27xx then who knows this is my only trade at the moment and i am waiting...my account is small...because of my idiotic trades....
  • #87,578
  • Apr 20, 2009 6:33pm Apr 20, 2009 6:33pm
hi shark, i hear you

being new to forex i nearly blew my account, from $4000 to now $1800, hit a low of $1564 so i am extra careful what i am doing now!

and mrs is not happy!!! lol

  • #87,579
  • Apr 20, 2009 6:34pm Apr 20, 2009 6:34pm
Quoting Jay Walker
Demand is going down sure. But people's memory isn't really long and before you know it, oil is at $30 and all those SUV's sitting in garages could come out again which would inevitably make the price of oil crawl up.

We could speculate all day on "what if's" but I suppose time will tell.
thats true.. i have a 10 cylinder one.. myself... but i dont drive it much .. mostly cause i figure a grunt was paying for my fuel with his blood.. but im in the minority..some say its a god given right..
those who can, do. those who cant, talk about those who can
  • #87,580
  • Apr 20, 2009 6:35pm Apr 20, 2009 6:35pm
Quoting clayton4115
hi shark, i hear you

being new to forex i nearly blew my account, from $4000 to now $1800, hit a low of $1564 so i am extra careful what i am doing now!

and mrs is not happy!!! lol


don't worry.
blowing your account is necessary to start again seriously as a business.
it is just one step you have to do.
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