Friday, October 26, 2007

Selling Oil at the highs

Oil at new highs. I'm trying a COIL 89.23 short, but get stopped 89.25, when CL is trading another 20+ ticks up above 92 to 92.21

In at 89.25 again short when CL starts to drop


Stopped at 88.92. A big hidden buy order is sitting in the 88.86 to 88.90 area for 10 minutes holding COIL up, while CL tests the 91.75 area. Placing a Stop at 89.92 securing 33 ticks on this trade, as the order is hit at the London open.