It's not as much about being a perpetual bear or bull as it is about being smart enough to get in...and get out of trades.
Where was the script...and the bulls when oil was at 82.50 yesterday? Bullshitting? :p Most importantly, where will the bulls be if oil rescinds to 80 again?
Btw, sorry, are you talking about Ashraf? He said, as recently as today, that oil would fall to 80...and possibly to 77 (please go & check the IMT).
Hey what a rollercoaster day it was for crude! Thanks Goooooooddddd technology allows you to trade on your cell phone...otherwise I would've lost a killing!
I shorted BOTH times oil tanked from mid-85s to lower-84s...
Oil will be declining in the coming days. But be SURE that you don't wait for 80.50...or try to make a profit out of it. Even if you see an opportunity around 81.50, kill it (& be thankful to God).
Again, you'll get your chance - you should just have the will & control to make the move...
DXY went from 81.2 to 80.4 (currently) - oil went from 84.94 to 85.35 currently. What does that tell you? Had the Greek b/out decision not taken place (well, it's STILL news so far), oil might as well have been 84.35.
A lot, though, depends on the US opening - they're the ONLY ones around the world dragging markets upstairs! Maybe they'll take oil higher?
Don't forget that Greece has YET to request/accept the bailout deal. They know it'll be a bitter pill to swallow! Besides, there are rumors (well, confirmed > news > rumor) that Greece requires anything b/w EUR 45 & 80 bn, so the current aid may not be enough!
I categorically agree that JUST as we sell our shorts, the markets tank. Happens...always happened...& will forever happened, so stay short while you guys can. Goodluck!
Try publishing this in the UK weekend papers: Traders bet BankofEngland will raise rates to 6.25% --highest since 1… https://t.co/GWXrTEAk4R(11 months ago)
Poor start to a slow market day as Ezone PMIs disappoint. Im still keeping an eye on the rare (-2%) USD-GOLD combo,… https://t.co/UyRzWsRbs7(11 months ago)
-5% YTD is not good, while -7% from the year highs can be tough. Gold traders have their eyes fixated on this for n… https://t.co/NV5UMKsfNo(11 months ago)
ما وراء هبوط الدولار مع الذهب و من منهما يتمكن الارتداد؟
موعدنا الآن في غرفة شركة إكس أم لجلسة الأسواق
https://t.co/Y7tD0RxCS2
@XM_COM (11 months ago)
Jobless claims > 300k before next FOMC meeting would be ideal for Fed to make up for any CPI upside surprise (11 months ago)
"Cook & Eat at Home" scheme may come next to defeat UK inflation... (11 months ago)
Earlier in the week gold selloff was attributed to smaller than exp China EASING. Metal is now holding v well despi… https://t.co/ZW9cmXTPWW(11 months ago)
It's not as much about being a perpetual bear or bull as it is about being smart enough to get in...and get out of trades.
Where was the script...and the bulls when oil was at 82.50 yesterday? Bullshitting? :p Most importantly, where will the bulls be if oil rescinds to 80 again?
Btw, sorry, are you talking about Ashraf? He said, as recently as today, that oil would fall to 80...and possibly to 77 (please go & check the IMT).
Gunjack...you naughty & cheeky!
Asad
What's your gf's names? John? :p
Hey what a rollercoaster day it was for crude! Thanks Goooooooddddd technology allows you to trade on your cell phone...otherwise I would've lost a killing!
I shorted BOTH times oil tanked from mid-85s to lower-84s...
Asad
Do nothing...and don't do anything!
Oil will be declining in the coming days. But be SURE that you don't wait for 80.50...or try to make a profit out of it. Even if you see an opportunity around 81.50, kill it (& be thankful to God).
Again, you'll get your chance - you should just have the will & control to make the move...
Asad
A lot, though, depends on the US opening - they're the ONLY ones around the world dragging markets upstairs! Maybe they'll take oil higher?
But as the w/end approaches...expect it to tank!
Asad
P.S. Quit this & enjoy your vacations...
Asad
Don't forget that Greece has YET to request/accept the bailout deal. They know it'll be a bitter pill to swallow! Besides, there are rumors (well, confirmed > news > rumor) that Greece requires anything b/w EUR 45 & 80 bn, so the current aid may not be enough!
I categorically agree that JUST as we sell our shorts, the markets tank. Happens...always happened...& will forever happened, so stay short while you guys can. Goodluck!
Asad
Asad
Asad
For a country that accounts prostitution in its GDP, they HAVE to be serious at least at this time...
Asad
Asad