It was expected that Crude oil would sell of sometime soon as it failed to make new highs last week. A low risk trade was evident on the charts this weekend which I took advantage of, and this could flow through to further downside this week. Looking back though – big down days such as [...]
Archive for the ‘Oil’ Category
Oil correction or pause?
Posted in Oil, tagged crude oil, financial spread betting, spreadtraderpro.com, trading oil on August 31, 2009 | Leave a Comment »
Oil’s not well…
Posted in Oil, tagged oil trading, spread trade oil on February 23, 2008 | Leave a Comment »
No trades in oil usually but watching as if it rises through US$100 barrell on volume then it would be a buy as it could quickly run to say $120-$130. T Boone Pickens the legendary investor has suggested this week it is a sale at current levels – but I think strong support would [...]
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