it should bear for the rest of the week at least.

so fearful just now that i took only a wee bit of dwti at 73.

will keep for a few days, see how many ikan bilis i can get from it.

time for bed, gudnite.

Crap... oil took a dive.

oil correction coming?....
next stop maybe....46.50...

This post has been edited by yok70: May 19 2016, 03:38 PM

Collapse US Dollar on 28 May 2016? Serious?

looks like it.

stocks buildup again and again did not deter the bulls.

opec incr production did not deter the bulls.

fed minutes indication of rate hike did!

perfect storm now for profit taking in may and go away.


missed opportunity to get more dwti last night.

will see later tonight.

i see it going to 44-45.

This post has been edited by AVFAN: May 19 2016, 05:34 PM

I will try to buy dwti at open if its not too high. I hv been thinking all these days tat crude climb has been too too fast n steep....yday cleared all uwti. Made over usd4.5 and 1.00 for 2 batches....i really think that crude is over priced atm. Time to pause. Just need 1-2 news to push it down

that is like 10%, 2%... very good.

tonight...

i never buy at open. will wait an hr or so.

i expect same behavior - europeans dump just before nymex opens.

then us side may push it higher for while.

question is what happens next...

Yellen team finally said the scary words yesterday.
The bears are definitely out... all majors are retreating finally after "possible" interest rates hike by next month.

Low 80.xx for DWTI might be a good spot to get some here..

This post has been edited by danmooncake: May 19 2016, 11:11 PM

BREAKING: Fed's Dudley: Summer rate hike likely if economy meets expectations


rate hike jitters hitting...


dwti, anyone?

already small amount, got "partially filled" at 80 earlier.

very close hitting 46.50 today....

The bulls are still quite strong in supporting oil here.

This post has been edited by danmooncake: May 19 2016, 11:23 PM

2am will tell.

i think it will close around 46.70.

dwti, in 80.50.

impressive... wti regained 1.5% in 15 min.

strong bull.....very keen to go 50....

seeing the bulls in the last 30 min, i will be lucky to get 1 ikan bilis later.

oil bulls win, on a rampage.

i surrender!

It's hard to trade... oil wants to see $50 before tanking below $45.

does look like it.

nothing seems to be able to stop that!

oil/energy counters like xle and oih are not moving up in tandem - that seems to say this oil rally is very shaky...?

i see that currently, we either long or no play for crude. as seen from yesterday, crude was hammered, till about 1.30am and it recovered so well and so fast. lucky i dint buy dwti at open and leave it .... what a commodity to trade!

ya, it was a shocker last night how fast it recovered.

it was becos of "turmoil in nigeria", again.



tonight, baker hughes rig count.

maybe -30, extra motivation to push it to 51...?!

This post has been edited by AVFAN: May 20 2016, 04:59 PM