Time for some OIL — in breakout mode

Posted on March 20th, 2009 in Trading Journal

I am not trading on Friday, so I thought to have a look at some charts. After watching Adam’s video from market club, I had a look at oil.  I see oil coming. It is in the trading range, and with the sell off of USD , momentum is building up,  chances are, we will [...]

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OIL..is it over? Yet?

Posted on July 27th, 2008 in ETF, Trading Journal

Let’s have a quick look at USO ( United States oil Fund, ETF) and spot Oil price.  I am not sure if people start talking about the bull run is over. Well, not yet. Uhm…I am not convinced, yet.  This implies, the recent strength of Dollar might be short lived?  There is another theme calling [...]

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