Recent content by bigtymer292929

Oil is easy money right now

I am trading oil on the global exchange, but since it is 24hours how do i go about calculating pivot points for oil contracts? I am eastern time zone. I intraday trade. Thanks for any help

:D

I have been tossing around the idea of giving them a shot because of the intraday margin? Just curious if anyone has ever used them and what you think about the company? Thanks

yes, if you can visualize it. Everybody knocks daytrading, but the truth is most people don't have the knowledge nor the cajunas to do it. What do you think the guys in the nymex pit do all day. trade in and out of contracts somedays there up huge some days they lose. Eric Boling was in the pits...

I'll be honest with ya I think the so called seasoned pros are extremely overrated. I never listen to what the guys on cnbc say all they are there for is to promote a stock or commodity for their company.

I think it will be a break to upside once the economy straigthens out. I think we have seen the lowest point for awhile

I use it solely as a overbought/oversold indicator to help confirm the candlestick patter. I will look for a key support level followed buy an oversold signal from stochastics where there is a solid candlestick reversal pattern on strong volume at the point i make my buy order with a stop loss a...

I think there are to many systems out there right now if people would just get back to the basics like the old timers I think they would see improved results. Keep It Simple Stupid that's so true

I trade it soley using candlesticks, pivot points, and volume. Sometime especially here lately it is like a slot machine that cannot miss. I also employ stochastics. With the volatility of the market right the the price swings are phenomenal to take advantage of.

Does anybody know what the minimum amount is to trade oil futures on the ice exchange also i had heard of trading oil contracts 1/10th the normal size where cna i do that at?

Thanks

What is the lowest margin requirement available for day trading the emini oil future contract? Also who do guys recommend trading through? Thanks

I have heard of forexyard.com and am wondering if anyone uses this broker and to trade super mini oil contracts? IF so what do you think or is their another broker that offers this or something similar? Thanks so much