Oil Weakness May Intensify

next week

Hi Ashraf, can you pls advice if there is an exchange or broker or any other way for retail customers to trade NYMEX crude oil options.

When it clears 1.0315 on the upside. Any additions here are bottom-fishing and come with additional risk.

You'll be more succesful giving up the first part of the move to increase the probability of a succesful trade to try and have a better opportunity of being on the right side of the trade.

I am not taking my own advice and trying a short of the blatantly manipulated gbp/usd pair at these obnoxious and ridiculous levels of 1.6340/1.6360. Literally for each pip euro gets trashed, cable, or The Pounder, goes up a pip, telling the market, "In your face-I'm The Pounder, and I will defy logic and gravity" because I, The Pounder, have cured cancer and solved the worldwide golbal economic crisis all in this week alone by forcing a decimation of 200 pips from the eur/gbp pair.

Here, here chloe on that call.

BTW, continuing on this theme, one of the MOST BLATANT manipulation I have EVER witnessed in any market including FX is the continuos selling of eur/gbp to pimp gbp/usd higher and higher.

Cable at session highs while euro at session lows.

Eur/gbp now down 200 pips since Monday alone, when it was revealed that cable cured cancer, solved the global economic crisis. Cable is a ridiculous pimp for a conspiracy to steal.