Tag Archives: Crude Oil

Midday Missive…W/Position Update

Ford…I sold half the Ford position off just shy of the 50 DMA @ 14.86. Raise the trailing stop to 14.00 Stop Close from the current 13.80. JJG…we have a resting order to sell 1/2 this position @ 39.30. We’ll … Continue reading

A.M. Look 11/13/14

Stocks… Nasd 100…I’m looking for an eventual 4400. Spu’s..2060 is the next level technicians are targeting. Bonds … 30 Yr. Futures… 142.10 is weekly resistance and the closing upside pivot. FX… AUD/USD… 87.35-50 is closing resistance that has to be … Continue reading

A.M. Look 11/12/14

Stocks… Welcome to the mid-week shuffle. There is no change to the technical levels in the major indices. Many individual instruments are trading overbought. Nasd 100…4138 is the first support. Spu’s…2013-14 is descent support today. You still need a close … Continue reading

The late Show

We were stopped out of the remaining short Euro position @ 124.96. AUD/USD…is attempting an ORH day. Euro…a close over 125.10 cash was needed for that pattern. OIL…has had a nasty habit of putting in big rallies going into Brent … Continue reading

The Late Show

We were stopped out of the remaining short Euro position @ 124.96. AUD/USD…is attempting an ORH day. Euro…a close over 125.10 cash was needed for that pattern. OIL…has had a nasty habit of putting in big rallies going into Brent … Continue reading

OIL…CLEZ…BUY STOP Adjustment

Cancel…..Replace Cancel…. BUY CLEZ @ 77.66 Stop GTC Replace with BUY CLEZ  @ 77.32 STOP GTC

OIL..Position Update

We’re filled selling 2 Crude Futures @ 77.20. I generally recommend trading in units of 4 Futures contracts which utilizes 10% of a 100K account. Most Futures usually require $2000-2500 per contract to trade. I did not execute the oil … Continue reading

Oil…Trade Alert!

SELL 2 CLEZ @ 77.20! Use a 77.66 Buy Stop GTC

A.M. Look 11/11/14

Stocks… Spu’s…need a close under 2020 to see profit taking hit the Equity Indices in the U.S. Nasd 100…keeps putting in higher daily lows, a bullish formation.Only a close under 4142 could change the short term sentiment, although I doubt … Continue reading

Crude…Pattern Alert!

Crude…a close below 77.47 puts in an ORL day. A test of the last low would then be in the cards.