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I use another one on traderbanter.com

Some very good information on there, I use it every morning.
 
That 1s deserted always man..

Ive been there a few times recruiting everyone to mine.. :D
 
HI SPANISH89,
Can i ask you are you long or short on oil ,
I am long thinking of cutting lose and taking a loss,
I am also long on gold.
 
Last edited:
Hello,

I have tried trading rooms and I had more loosing trades than winning ones.

I have learned some valuable things but it seems trading has similarities with wolf life.:LOL:

Cheers

B
 
doberman said:
HI SPANISH89,
Can i ask you are you long or short on oil ,
I am long thingking of cutting lose and taking a loss,
I am also long on gold.
Click to expand...


Aloha bruv oil is changing on a 2/3day basis at the moment.

Just to show you how sucessful i am though at making calls check post yesterday with the calls i made sunday night about whta oil would do monday, and then compare it to what happend.. :cheesy:


And then you can check my trades today...

Today's closed trades (Full Trade History)
Contract Order # Date/Time Buy/Sell £/tic Tic Size Price Profit/Loss
Brent Crude - Daily
Brent Crude - Daily 5398805 01/07/2008 14:16 Sell 1 0.01 142.53
Brent Crude - Daily 5398897 01/07/2008 14:29 Sell 1 0.01 142.97
Brent Crude - Daily 5398985 01/07/2008 14:38 Buy 1 0.01 143.00 £-3.00
Brent Crude - Daily 5398995 01/07/2008 14:39 Buy 1 0.01 0.00 £Stop Loss Move
Brent Crude - Daily 5398995 01/07/2008 14:16 Sell 1 0.01 142.53
Brent Crude - Daily 5399311 01/07/2008 15:00 Buy 1 0.01 142.37 £16.00
Brent Crude Aug Fut - 14 Jul 08
Brent Crude Aug Fut - 14 Jul 08 5398765 01/07/2008 14:12 Sell 1 0.01 142.80
Brent Crude Aug Fut - 14 Jul 08 5398791 01/07/2008 14:15 Buy 1 0.01 142.45 £35.00
Brent Crude Aug Fut - 14 Jul 08 5399051 01/07/2008 14:43 Sell 1 0.01 142.95
Brent Crude Aug Fut - 14 Jul 08 5399092 01/07/2008 14:47 Buy 1 0.01 142.87 £8.00
Brent Crude Aug Fut - 14 Jul 08 5399115 01/07/2008 14:48 Sell 1 0.01 142.71
Brent Crude Aug Fut - 14 Jul 08 5399453 01/07/2008 15:05 Buy 1 0.01 142.32 £39.00
Brent Crude Aug Fut - 14 Jul 08 5399474 01/07/2008 15:06 Sell 2 0.01 142.30
Brent Crude Aug Fut - 14 Jul 08 5399552 01/07/2008 15:06 Sell 2 0.01 142.30
Brent Crude Aug Fut - 14 Jul 08 5399552 01/07/2008 15:13 Buy 2 0.01 0.00 £Stop Loss Move
Brent Crude Aug Fut - 14 Jul 08 5399562 01/07/2008 15:14 Buy 2 0.01 0.00 £Stop Loss Move
Brent Crude Aug Fut - 14 Jul 08 5399562 01/07/2008 15:06 Sell 2 0.01 142.30
Brent Crude Aug Fut - 14 Jul 08 5399889 01/07/2008 15:47 Buy 2 0.01 142.08 £44.00
Brent Crude Aug Fut - 14 Jul 08 5399918 01/07/2008 15:48 Sell 2 0.01 141.74
Brent Crude Aug Fut - 14 Jul 08 5400026 01/07/2008 15:58 Buy 2 0.01 141.59 £30.00
Brent Crude Aug Fut - 14 Jul 08 5400034 01/07/2008 16:00 Sell 2 0.01 141.74
Brent Crude Aug Fut - 14 Jul 08 5401469 01/07/2008 18:55 Buy 2 0.01 141.56 £36.00
Brent Crude Aug Fut - 14 Jul 08 5401521 01/07/2008 18:57 Sell 2 0.01 141.26
Brent Crude Aug Fut - 14 Jul 08 5401548 01/07/2008 19:00 Buy 2 0.01 140.98 £56.00
Brent Crude Aug Fut - 14 Jul 08 5401556 01/07/2008 19:01 Sell 2 0.01 141.20
Brent Crude Aug Fut - 14 Jul 08 5401574 01/07/2008 19:03 Buy 2 0.01 141.00 £40.00
Brent Crude Aug Fut - 14 Jul 08 5401586 01/07/2008 19:04 Sell 2 0.01 140.87
Brent Crude Aug Fut - 14 Jul 08 5401599 01/07/2008 19:05 Buy 2 0.01 140.62 £50.00
Brent Crude Aug Fut - 14 Jul 08 5401610 01/07/2008 19:06 Sell 3 0.01 140.48
Brent Crude Aug Fut - 14 Jul 08 5401622 01/07/2008 19:07 Buy 3 0.01 140.36 £36.00
Brent Crude Aug Fut - 14 Jul 08 5401646 01/07/2008 19:08 Sell 2 0.01 140.31
Brent Crude Aug Fut - 14 Jul 08 5401691 01/07/2008 19:13 Sell 1 0.01 140.71
Brent Crude Aug Fut - 14 Jul 08 5401729 01/07/2008 19:21 Buy 1 0.01 140.47 £24.00
Brent Crude Aug Fut - 14 Jul 08 5401761 01/07/2008 19:25 Buy 2 0.01 140.17 £28.00
Brent Crude Aug Fut - 14 Jul 08 5401763 01/07/2008 19:27 Sell 2 0.01 140.27
Brent Crude Aug Fut - 14 Jul 08 5401800 01/07/2008 19:32 Sell 1 0.01 141.10
Brent Crude Aug Fut - 14 Jul 08 5401950 01/07/2008 19:55 Buy 1 0.01 141.22 £-12.00



That was with a 12tick spread, so there was £252 extra that i lost in spreads.

But all the above i did with a £1,800 account, with money from my creditcard that i need to live off... :LOL::whistling
 
Nice one
I looked at your posted account thats why I asking you
Whats you next call on oil
 
I honestly dont have like a crystal ball so i cant say the exact day n time this will happen..

But my next oil forecast is it will open slightly lower tomorrow, rise a little maybe 1 t 1 n half dollars depending on how string the dollar continues to get, but the nonfarms will we upsetting and putting off alot of buyers so the price wont go more than 143...

Then the crude inventories are finally out in afternoon, so watch this number.

All the dorks down the oil trading exchange have been hyping up oil and buying it cos they think they are so smart and that people will always need oil so they can they flog that oil for as high as they want....

Bad move though, because they about about 9years to late, as this worked when i 1st saw it when i was 9years old, back when oil was 61p litre, and thats when everyone should have bought it.



The saudi oil minister sayed in a clear and actually rude way today in his public announcement that there is no shortage of oil.
If someone knocks on their door tomorrow and wants millions n millions of barrel of oil they will happily be able to sell them it and they have no shortage whatsoever!!

And that they dont mind if everyones a fool and is willing to pay them $142 per barrel of oil cos they arent gna say no as its more cash for them..,
But they would be happy to sell that same barrel of oil if everyone said they would only pay $100 maximum for it!! :D:D




So the crude inventories are gna start giving all these idiot buyers a hard slap in their face cos they are gna see they are stuck with contracts to all this oil at $142,
when there is still so much available that the manufactureers of that oil are happy to undercut them and accept cheaper prices..
And so they are gna try shifting those contracts quick as they dont wnat to be the fool stuck with it, and so there will be a sell off.

As i said earlier whne i was live trading we were gna see 140.75 today and I think we are going to see 136 touched some point during this week.



But like i said ''DONT TRADE OIL WITH A STOPLOSS LESS THAN 900ticks''!! :devilish::devilish::devilish:

Seriously just dont do it ok or you will lose your money when theres abit of noise or jumpiness in the market...(n)


If you sell it at 142, you drop your stoploss at 152 whats going to happen??

It wont cost you even 1penny extra how big your s.l is, and even if oil decides to have a rally up 8dollars for some mysticla reason you will still be in the markt in the trade, not have lost your cash, and then the pullback will come just like lastime whne i called it at 137.67.

But if you do a 400tick stoploss even the oil can go up to 145 in under 1minute if it feel like it and you will be taken out, and then will lose your cash and be out the trade so will miss the pullback.
 
Oh btw for any dow traders i have a 80% certainty that nonfarms is going to be worse than expected and dow going to be ****ed.
 
Thanks for your forecasts about the non farm today.

You may be interested to know that non farm is released tomorrow.
 
spanish89 said:
Oh btw for any dow traders i have a 80% certainty that nonfarms is going to be worse than expected and dow going to be ****ed.
Click to expand...

Looks like i was right again about the adp, and nonfarms going to follow it tomorrow.. :LOL::devilish:

And my oil forecast was correct
 
let me know if you make a move please,
should i set a order for 139.5$ just in case hits that low?
 
Got in at 142.09$ (bit late convinced it was to drop)
is it to late in the day for 144$
may be time to sell short down to 142.5
and buy long for tomorrow
could see 145$++ cant see what would stop it ?
Anybody out there agree?
 
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