400 coming, but my target is 500 (25-26).

should have short brent instead.

no panic tonight it seems.
maybe tomorrow more panic.

if you hold it since then, will you earn much more than everyday trading it?

i want to target sell at 500....still hesitate to trade or to hold.

408 matched, all sold.
almost covered back my loss of an iphone few days ago.

This post has been edited by yok70: Jan 20 2016, 03:23 AM

crude at 28.30 now......26 on the way.

guess it will open above 430....hard to squeeze profit if oil didn't rebound reasonably....
buffett is right, frequent traders always loss the gap and decrease profit essentially.
however, it's lower risk to trade frequently, in case we can't see the fundamental accurately.



This post has been edited by yok70: Jan 20 2016, 09:39 PM

once again, buffett was right.
i should have just hold the dwti for few days.
now....can only watch it moving higher loh...

true also...but risk is much higher now as it approaching 26....
i am watching uwti now....but still hesitate....risk is high also....

ya, always consider the risk there....

a different story, buffett been adding shares of phillips66 in a big way....

i loss the chance. i was queuing at 410, didn't get anything.

wow!.....good luck!.....
i still watching only, dunno what to do, better dun do....

looks like 26 could be achieve tonight....now already 26.19....

Crude Oil Feb 16 now still as low as 26.34.

ya, 1820 is a strong support.

however, it shouldn't affect oil price. Oil should be a different creature?....

Actually i was watching yahoo finance's "Crude Oil" in its front page, which will auto-pick a "reasonable contract date". For today, it picked the "Crude Oil Feb 16 (CLG16.NYM) -NY Mercantile“
Most of the time, this oil price matches those DWTI, UWTI and USO pretty well. However, occasionally they don't match, for instance today.

Ya, I also think it may visit around 25 before some bottom fishing traders creating some rebound.
Our previous target 25-26 is very close now. If sentiment continues to turn bad, probably we'll see low 20s, ie. 23-24 before rebound. However, where can the good news come from? So far, I can't imagine that. Saudi just recently express their "i don't care" behavior. And Iran, same, another "I don't care" attitude. Oil companies are sinking deeper and deeper to force cut capex. It seems to me that OPEC will not act too fast, it needs the industry to flush out more competitors, that may take another year or so.

guess i better monitor from here instead, they give me march. And they have brent too.
http://www.investing.com/commodities/crude-oil


true, i should be more careful when holding leveraged ETF, better be max just few days.
btw, i am still holding my dwti that bought yesterday at 448. Now sweat a little...
so far oil futures are in red, hopefully tonight also give red...

i have a feeling oil may go to low 20s (ie. 22-23)....the traders are aggressive now, their greediness may push price lower....