QUOTE(danmooncake @ Jun 3 2015, 02:13 AM)
nice if u got the groupers in mid session.front and back, ikan bilis only.
USA Stock Discussion v6, Midterm Elections! U.S. Jobs Report!
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Jun 3 2015, 09:37 AM
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#421
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All Stars
24,471 posts Joined: Nov 2010 |
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Jun 3 2015, 09:58 AM
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#422
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All Stars
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QUOTE(danmooncake @ Jun 3 2015, 09:43 AM) Ya.. no choice - mini grouper also must sapu now. yup, opec meeting + may payroll report on fri, then fed meeting the following week.Thurs or Friday evening, I think we're going to get some news from OPEC. You know these guys, if they announce same or higher level of production because they want to keep market share, crude oil price will tank, which could also affect the oil services sector. oil is still much in play, but not always easy to catch it! been a lot of fun for me so far - for ikan bilis. other sectors... mundane. but if this comes true, nice. QUOTE Apple tends to gain 20% every time this happens http://www.cnbc.com/id/102726895 This post has been edited by AVFAN: Jun 3 2015, 09:59 AM |
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Jun 3 2015, 10:47 AM
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#423
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24,471 posts Joined: Nov 2010 |
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Jun 3 2015, 06:09 PM
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#424
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All Stars
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QUOTE(danmooncake @ Jun 3 2015, 09:43 AM) there could be some surprise. those big ego fellas can't look the same predictable dummies all the time, every time...? possible they will ram up output! http://www.cnbc.com/id/102727758 anyway, about oil, like to hear any comment which ones u guys are investing in or trading... .. uso .. xle .. oih .. slb .. bhi .. hal .. rig .. xom .. tso .. rsx .. ? i been trading only oih, rig and uso, rig being most volatile, oih least. |
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Jun 3 2015, 08:48 PM
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#425
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All Stars
24,471 posts Joined: Nov 2010 |
i see big fat bull tonite.
maybe can trade spy. tricky one is oil... which way will it go...? |
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Jun 3 2015, 09:55 PM
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#426
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QUOTE(danmooncake @ Jun 3 2015, 09:45 PM) I added a few and my comments in blue in there. thanks, willl check them out one by one. .. erx <-- occassionally (bull side) .. ery <-- sometimes (bear side) .. xop <-- done some but rare .. gush <-- this one is new but 3x leverage bull version of xop, has not traded it yet.. just watching. .. drip <-- this one is new but 3x leverage bear version of xop, has not traded it yet.. just watching. |
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Jun 3 2015, 10:15 PM
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#427
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Jun 3 2015, 11:01 PM
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#428
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QUOTE(danmooncake @ Jun 3 2015, 09:45 PM) I added a few and my comments in blue in there. this pair is interesting... erx <-- occassionally (bull side) .. ery <-- sometimes (bear side) it's feels odd to see ery moving up when oil price goes down, simply counterintuitive! gotta get used to it. but yes, can see they are hugely amplified, 3x. oil price sliding now... This post has been edited by AVFAN: Jun 3 2015, 11:18 PM |
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Jun 3 2015, 11:29 PM
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#429
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QUOTE(danmooncake @ Jun 3 2015, 11:26 PM) Here's the thing... I think I mentioned this before. Crude Oil and Oil services stock doesn't go in tandem. thanks, got it.ERX/ERY is the 3x leverage of XLE. So, you need to watch XLE. XLE is the Energy/Oil services sector (not Crude price). The Energy/Oil services sector (the actual companies that do the drilling,processing and distribution) - they may or may not follow crude price or sometimes, they're (or usually) late to follow. Therefore, if Crude price goes up.. then it will give you some time to buy and own the oil companies now because earnings are reported much later. |
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Jun 4 2015, 10:32 AM
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#430
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Jun 4 2015, 04:07 PM
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#431
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QUOTE(Brother J @ Jun 4 2015, 01:51 PM) I take that as compliment, thanks but rather no. (I know you are just kidding) dun worry, just post something when interesting enough! Firstly you won't know how did I enter my trade since it involves mathematical calculation and mechanical short term point of value on a "3D" way of data observation price structure. (Candlestick,bar chart,OHLC are referred as 2D observation to me) Secondly the risk/reward fluctuates with every tick, in which I have to assess should I take the partial profit to exit or should I add to my positions since a critical point of control on price structure has been challenged and attempted to breakout to the upside/downside. Thirdly, the last thing you want is to follow someonelse's trade since that will literally blow out your own account. All my trades are short term and posted for entertainment purposes only Just stick with what you are good at doing. Even if it's catching ikan bilis it is always alot better than loossing on a bad trade. Lastly, no you don't want to use this 3x leverage instruments to trade since the way it is priced is not exactly 3x. The value depreciates at faster rate if the price move sideways, in which a range bound action will result in loss even on both bull and bear 3xleverage. And besides, erx/ery does not correlate well with crude. The riskier type of leverage you only need to keep on your radar is SCO. Either long or short it, unless you are into futures then it's even better since your stop loss can be hits during overnight action instead of watching your position anxiously awaiting market open to get slaughtered or escaped at a loss higher than initial stop loss. When I trade, the only thing I remind myself daily is this: "Good trade is today, bad trade is one trade away" (If your position is closed at a stop loss that you have set initially, that's a good trade; whereas a profitable position can be a bad trade if you just close your eyes and forget about the stop loss. The latter is going to cause emotional capital drainage when time comes if you keep repeating and get lucky with it) the onus is on us to do our work, we'll know what to do. no liability on anyone! |
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Jun 4 2015, 05:33 PM
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#432
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Jun 4 2015, 06:45 PM
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#433
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Jun 4 2015, 10:25 PM
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#434
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yeah, shud boost stocks.
except oil! keeps going down... i bought ery insurance! |
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Jun 5 2015, 01:47 AM
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#435
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QUOTE(Brother J @ Jun 5 2015, 12:21 AM) went in a little late but not too late.at least got xle's drop covered. QUOTE(yok70 @ Jun 5 2015, 01:08 AM) i could almost smell the oil falling at opening. not getting out until tmrw's opec meeting. |
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Jun 5 2015, 09:29 PM
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#436
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and...
good jobs report = usd up. opec maintain production, usd up, oil down! can see ery premarket continue to rise. i rather it soften, let xle/oih rise!! |
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Jun 5 2015, 09:52 PM
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#437
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Jun 5 2015, 09:59 PM
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#438
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Jun 5 2015, 10:07 PM
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#439
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i think will be small bull later.
erx... moved too fast, lost it... |
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Jun 5 2015, 10:15 PM
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#440
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QUOTE(mikehwy @ Jun 5 2015, 10:09 PM) latest .. he should keep pressing germany to pay becos of ww2 in 1940'sptaras going to address greek parliament on his 'plans' to avoid humiliation !!! wa ha ha .... no money to repay, what else is not 'humiliation' ? this joker shd be removed long ago hor? hourly wages r rising higest since aug 2013 ...(this is what the market wants to see for a better economy) or iran (old persia) for the greco-persian wars 500 b.c. |
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