Crude oil intraday

hey friends!

whats your view on Crude oil for a week n month?

is it better to go short @ $86.86 for target $85.50 & second target will be below $85--- $82 ???
pls share your opinion...
recent High was $87.20
what will be Stoploss??
above $ 89???


plz share. ur ideas...

Concern over debt issue in Europe weighed on crude oil, pulling prices on the NYMEX under $83 per barrel.

crude trading near $81-81.
is it right time to buy with SL of $80 ??

or there is posibbility of correction???

Buy around 78 i keep updated iv changed

ingmarforex

Thanks for reply......

I try to regulary update again and to some of my thought right now oil is coming at strong level if whe dont break it wait for stochs to cross or more agressive can be touch trade with tight stop otherwise target bottom of the rande again.

Oke my larger position long still not closed i closed the 1 from today the long for 46 points just whent short on the above scenario.

Cross stochs or bottom range would be exit depends on momentum what is lagging on days like this. I also expect in us session not much action from the crude oil pit traders.

This how the trade whent got out with little profit only 11 points could not break the little zone as you can see. The second 1 i missed i was not home but that 1 was better entry because whe aslo had some divergence and price was able to go straight in to heavier ressistance

friends here i'm uploading chart in mcx , u may not useful, but no harm in watchinh

http://www.forexfactory.com/attachme...1&d=1290789610

http://cdn.forexfactory.com/attachme...3&d=1290789610

Oil

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Still More to go up

Buy pullbacks around 90 nice accumulation area best seen on 30 min.

http://chart.ly/users/ingmarforex

I'm going Long near $88.40 with Stop of $87.
i think small bounce back is expected after yesterday's correction.

am i fighting with trend???
some peoples are talking about 98-120 levels.& thinks that main trend is up till it will remains up till 87.
what u think friends?

Friends!
whats ur latest view on crude oil???
i'm long @ $90.45

will oil correct more???
or will bounce back??
pls share ur ideas...
regards

http://img713.imageshack.us/img713/9972/oil15min.jpg

Uploaded with ImageShack.us


buy @88.37

nice intraday trade :-)

I'm long yet but the 4hrs chart have good signals.

My Long position is Holding Yet
entered @ $90.45

may break $ 85 ??
or bounce back??
what u think friends????