[INTRA-DAY ACTION]
Having a horror week here. Every position I've had this week has given me a loss, but every position I've been in has ended up going my direction.
My system is so risk averse that it is costing me money.
Charts later. TSO is to the US as RBS is to the UK.
Good GDP numbers today in the US. All of this oil crap about this hurricane is total rubbish, it is just a little storm, and the media is sensationalising it to get the speculators to push the price up so the fat cats at opec make some more money.
Can you tell I'm on tilt again this afternoon?
Update 15:56
Lost on CME, tight stop and bad entry. This area now at $343 looks like the better area, given the divergence on the MACD. I won't trade because I'm on tilt there, but watch this space for an update on CME later.
Update 16:00
Just gotta post this CME chart, it looks absolutely ripe for a short right now. I'm looking for $335.
Midnight update:
I was well off the mark with CME, it only dropped to $338 after, and closed the day at a double top circa $344 after a strong rally into close. But I'm totally cool about that, because I wasn't in it.
Also, the new Batman film is really good. See it if you haven't already.
My system is so risk averse that it is costing me money.
Charts later. TSO is to the US as RBS is to the UK.
Good GDP numbers today in the US. All of this oil crap about this hurricane is total rubbish, it is just a little storm, and the media is sensationalising it to get the speculators to push the price up so the fat cats at opec make some more money.
Can you tell I'm on tilt again this afternoon?
Update 15:56
Lost on CME, tight stop and bad entry. This area now at $343 looks like the better area, given the divergence on the MACD. I won't trade because I'm on tilt there, but watch this space for an update on CME later.
Update 16:00
Just gotta post this CME chart, it looks absolutely ripe for a short right now. I'm looking for $335.
Midnight update:
I was well off the mark with CME, it only dropped to $338 after, and closed the day at a double top circa $344 after a strong rally into close. But I'm totally cool about that, because I wasn't in it.
Also, the new Batman film is really good. See it if you haven't already.
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