Showing posts with label crude oil. Show all posts
Showing posts with label crude oil. Show all posts

Wednesday, October 14, 2015

OJ Update

After respecting the downtrend and bouncing off the trendline, OJ has held support and has been rallying with good energy. It is approaching again, and may turn around, but I am holding for a decent close above our average entry.

I also exited exit EVOK for about a $100 profit. I don't remember and there is no trade history on the platform. I'll keep track of those details from now on.











Also, for the XBOX project, my Nixie tubes arrived today. They look awesome, but I am still waiting on the power inverter to arrive so I can install and power them.

10-15-2015 Update

Exited all our OJ positions today. They are at resistance. If price plummets I'll re-enter.

Wednesday, August 19, 2015

Oil Is even lower

Took a look at Oil today and it is even lower now! Back in a post long ago I bought a contract of Oil @ $66.81 and now it is down to 47.28 so it's time to go another contract for an average price of $57.04.

Could take years, but who cares really. It's relatively low right now.

Monday, June 15, 2015

Commodities Update

Hello all,

I'm in Ohio tonight. It's late and before I go to bed I wanted to update you on the commodities trades. Last December I bought one Crude Oil contract in the $66 range. As you can see by this chart, we've hit a profit as of recent, but it really isn't much. Had I purchased another contract months back when it was in the $45 range we would not doubt have exited at least on contract for a hefty profit, but for whatever reason I was lazy and didn't do it. I'm not going to make up some bullshit and act like I did, even though I thought about doing it. If I haven't posted it, it didn't happen. It looks like we are in a nice uptrend as of now, but I don't know if we're going to see a third measured moved higher. That would be a great place to sell if we do.














On the Orange Juice front, prices had a steep decline and then a recovery the other day. Looking back on previous events, moves like that have been met with continuation, so there is a probability we will see further decline. However, that decline could have been profit taking, and then dip buying. I am curious to see what happens either way.














On a final note, I had my socks blown off by some of the best news possible in the video game world tonight... Final Fantasy VII is actually being remade!!! After well over 10 years of fans screaming and pleading for it, and being teased and disappointed... we are finally getting a remake. With that said, that means I have to make due on a silent promise I made to Sony. I promised if they ever remade it, I would buy it full price and I would also buy whatever system it came out for. Well, it is coming to Playstation 4, but it is also hinted that it is not exclusively for that console. So, I have to decide how I feel about that. Anyways, here is the trailer for it. Fucking so excited!!!