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Crude oil 7-26-10


First, let me re-visit some longer term stuff for perspective: a look at seasonals=
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crude sesonals

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crude sesonals 2
Originally posted by prestwickdrive

I have next down proj to 7870 from 7933-7909 fwiw
..yup i had 78.72...you win!!!
Kool just wondering what your stop was on the .19 short. I shorted .2 and was stopped at .30 then re-entered.
Kool just wondering what your stop was on the .19 short. I shorted .2 and was stopped at .30 then re-entered.
Originally posted by einstein

what was your stop on the .19 short?
..Einstein, i started out with a 200 dollar risk.(79.39) then while posting and getting the one min downside proj it apperently went up to 79.33(i was posting) i lowered my stop to 79.35 for a more reasonable risk of 160 bucks given the area i was going to exit.. as soon as i finished and was ready to put in my exit order, it had already gone below 78.96! so i just jumped out 10 cents lower!..Thats how fast this thing moves and why its soooo hard to post and trade!
Originally posted by einstein

Kool just wondering what your stop was on the .19 short. I shorted .2 and was stopped at .30 then re-entered.
actually you did nothing wrong.. i got a little lucky on that one.. the fact that you re- entered tho was the right move and im proud of you for that.. takes guts but was the right choice!
Thanks. Kool. I really appreciate your charts and comments.
Originally posted by einstein

Thanks. Kool. I really appreciate your charts and comments.

you still short?..careful now cause we are at the prc baands..by the way did i send them 2 you?
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945
7867-7882 >>> 7906
I have projections on the 5 min from the .33 high (first 3 bars) at 78.87 and 78.58.
I wish I could! I am not at all proficient in that type of thing but I have asked someone at sierra to do it. He said he would but only if he has permission to use the original code. So far the author(s) have not responded.