Trading Strategy

1. Draw a trend line: daily chart to determine the trend whether is uptrend or downtrend (Draw from bottom to bottom or vice verse) and also a horizontal line to watch out a breakout(This strategy like reflexivity from George Soros).
2. Please do remember to lock your PROFIT before you get lose. Always follow the rule & discipline.
3. Money management is the most important for double or triple up your profit.
4. Don't get lost emotion while you in losing or winning. Must always remember where are you and what should you do in this situation. Let the profit keep running or cut lost.

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Monday, December 15, 2008

Crude Oil (Cont)

After almost a few month. Herewith the reference for the oil direction.

Please to: Oil Price History and Analysis & HISTORY OF ILLINOIS BASIN POSTED CRUDE OIL PRICES

Recent news: OPEC’s challenge: Pushing up oil prices requires a break from history

Related topic: Crude oil
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