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$1,000 Friday – Yesterday’s Oil Trade Gives Everyone a Great Weekend!

Posted on the 25 July 2014 by Phil's Stock World @philstockworld

$1,000 Friday – Yesterday’s Oil Trade Gives Everyone a Great Weekend!Congratulations!  

If you read yesterday's post and took action on our trade idea to short Oil Futures (/CL) at the $103 line, then you were able to pocket $1,000 PER CONTRACT in just 3 hours.  In the Morning post (delivered to our Members via Email at 8:35 am), the trade idea was:

"We're still shorting Oil (/CL) Futures at that $103 line and we hit it again this morning and, hopefully, we'll get a nice pullback around 10:30 – after the natural gas report shows a nice build."

$1,000 Friday – Yesterday’s Oil Trade Gives Everyone a Great Weekend!That's about on par for our Futures trading as we demonstrated LIVE in Tuesday's Live Trading Webinar $300 of Futures profits in less than an hour(replay available here).  We'll be doing more Futures Webinars for our Members aside from our usual Tuesday Live Trading Webcasts (sign up for your Membership here so you don't miss our trade ideas).  

How to trade the Futures is one of the many things we learn at Philstockworld – another thing is PATIENCE!  Patience has kept us from chasing this rally as we once again top out the market.  On Tuesday we took a nice, speculative bullish trade (but did not officially add it to our Portfolios) - just in case we do have a breakout – but, otherwise, we've been working oun our downside protection. 

IN PROGRESS


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This entry was posted on Friday, July 25th, 2014 at 7:55 am and is filed under Uncategorized. You can leave a response, or trackback from your own site.

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