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- acidguy replied Apr 16, 2014
good luck, crude oil should be avoided by most of the people, 5 years in this and is the most unpredictable commodity in my opinion. price action is full of traps.
- acidguy replied Apr 16, 2014
it should drop around $100 but long large speculators are now in control of the price which make things very tricky, see the uptrend, its perfect, its being made.
- acidguy replied Apr 11, 2014
well, it spiked up to 104.50, then fell down fast again at 103.50 consolidation, right now the market is not on good shape for a rally but Oil always impress us, right now in my opinion Oil is the hardest commodity to trade, i still keep the shorts ...
- acidguy replied Apr 9, 2014
amazing the strenght of oil, not following the path of gold, silver and other commodities. there is not any news that support the current PA and still keep rising,
- acidguy replied Apr 8, 2014
impressing move with oil, it makes me think market most of the time does not move fundamentally but technically, today i wiped with oil the whole last week account earnings, after negative IMF global economy report oil started trending down, i ...
- acidguy replied Apr 7, 2014
Historically April has been a month where oil falls, this time look like were moving to $90 area in the next 2 months.
- acidguy replied Mar 31, 2014
great position to be in, im closing in 92, may take 2 or 3 months but its worth the time.
- acidguy replied Feb 17, 2014
$101 looking a like a very hard number to crack, if weather start going back to normal sure oil is going to start to fall wild and hard, $92 again. in the mean time the $99 - $100 range continues.
- acidguy replied Feb 12, 2014
technically it could, we saw extasis of oil prices up $103-112 in july-september cause of QE party, thats looking over for now, there is some calm in middle east, personally looking at price action its going for a lower low of $91 . yesterday spike ...
- acidguy replied Feb 11, 2014
time will tell, tomorrow is important, in my opinion this rally will not get past $101 , there is some fear in the market about china and oil oversupply, this rally has been just speculative cause of technicals and the support at $91 of the historic ...
- acidguy replied Feb 11, 2014
they are trying hard, big price manipulation defending 100, in my personal opinion they wont be able this time as there is not any support for this rally besides oil cartels, shorting now target $97, sl $100.50
- acidguy replied Feb 11, 2014
very nice fight in $100-100.5 area, being sent $99 level many times, news are not helping oil to rally and natural gas price has fallen fast while weather is expected to start going back to normal, will oil be back to $91 area?...
- acidguy replied Feb 9, 2014
traded based on the idea of bad usa jobs data + china slowdown but for any reason rallied friday really hard.
- acidguy replied Feb 7, 2014
its $100 again and look like it wanna keep rising, im trapped at $97 and $99 with shorts, looking at price movements im getting a lil bit scared since i shorted big.
- acidguy replied Feb 6, 2014
if you can answer, why did you chose exactly $98.83 number as the stop loss, it exactly hit there and then went south.
- acidguy replied Jan 31, 2014
Europe talking about QE, look like we are now headed to 1xx zone.
- acidguy replied Jan 30, 2014
very interesting price action, china economy cooling and at the same time usa steaming forward, not wars in the world owhich caused oil to be up, also lot of new production going on and oil keep rallying, gold, silver crashed but oil held up in ...
- acidguy replied Jan 30, 2014
i agree with this report : url whats driving the price right now is weather, who knows where is the top but it must be close, im personally scalping in every overbought zone, right now i have a short from 98.50 to 97.50 maybe in the next hours. ...
- acidguy replied Jan 24, 2014
nah, 2xx next week, sell everything you got and start longing now.
- acidguy replied Jan 24, 2014
very nice, i think you are on the right side of the trend.