One of my reasons for trading it is the volatility!! Got taught a big lesson when oil tanked on news. I think that in the short term oil will come up to just under the 150 mark, then decline as demand drops off, before taking off again.
A bit of a crap analysis, but you have to start somewhere...
LOL i'll have to look at your journal. Can i get a link? Really cautious after the very big drop in price. Got in long today at 136.76 so already a bad day!!
Trying to trade, bad day today I just can't seem to make it passed a certain £ amount in my account. Just flucuates around it!!! Any tips on creating a plan for trading the FSTE.
Well today is the very first day that I have managed to be neutral after a dayish of trading. LOL I had almost given it up? Well we'll see what tomorrow brings!:lol: