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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 8935
Forum Topic:

Gold, Oil & Indices (Equity & Bond Indices)

Discuss Gold, Oil & Indices (Equity & Bond Indices)
 
chloethebull
halifax, Canada
Posts: 1183
13 years ago
Apr 27, 2011 15:47
hey dave what do u think of oil lately..im not playing anything but rather wait til after the ben q-a session..been watchn cad lately 9500 holding very strongly lately now over 9550..looks like some profit taking in cmod mayb helpn cad weakness..ok gl:)
Ashraf Laidi
London, UK
Posts: 0
13 years ago
Apr 27, 2011 0:10
My interview earlier on CNBC about Russian's plans for a single currency
http://bit.ly/hEiZQ1


Ashraf
Gunjack
London, UK
Posts: 1184
13 years ago
Apr 26, 2011 10:36
@Chloe on CL im waiting for bernanke to speak tmrw and that combined with inventories shd give us an indication of where oil is heading. Currently ranging in the 111-113.50 region...until bernankes speech prob best to swing trade that range imo. Have a fear that risky assets cd get sold off tmrw on any small hint of withdrawal of QE...cd potentially see CL at 109
jacek
Melbourne, Australia
Posts: 2579
13 years ago
Apr 26, 2011 2:14
Sh.. might not have a chance.. if only I had more guts.. but thought psychological 500 will resist a bit stronger than it did.. yeh power of candlesticks speaks louder than any opinions.. (including mine:-(
jacek
Australia
Posted Anonymously
13 years ago
Apr 26, 2011 2:04
Yeh Chloe, best to watch today, markets are volatile and still in low volume.. treaded gold just before of the spike upi to 508 down to around 500.. and now it look like it is breaking down below 500.. might wait a little retrace to reload a short..
chloethebull
halifax, Canada
Posts: 1183
13 years ago
Apr 26, 2011 1:47
yup i agree jacek..that was part of my strategy last yr was stink bids..worked great for me..have to get things cheap reduce my risks..thanks gl:)
jacek
Melbourne, Australia
Posts: 2579
13 years ago
Apr 26, 2011 1:39
sorry Chloe, have not looked at oil.. but I would say don't chase the market let the market come to you.. of course, your chart analysis must be correct..
chloethebull
halifax, Canada
Posts: 1183
13 years ago
Apr 26, 2011 1:17
hey jacek..if ur willing to sell gold @ the close i wonder if it would make more sense and sell oil @ its closing price 112.25..i wonder if i could be playing oil to tight..mayb best to lower the entry??ok thanks gl:)
chloethebull
halifax, Canada
Posts: 1183
13 years ago
Apr 26, 2011 1:13
ok thanks jacek..i;ll keep an eye on gold ..gl/gt:)
jacek
Melbourne, Australia
Posts: 2579
13 years ago
Apr 26, 2011 0:12
Yep Chloe.. you are right there.. anyway don't trade what you think trade what you see!.. also not sure about something being risky.. just set the stops eg. good trade for gold would be to sell close to 1510 for 1480 with 1520 stop..