Wow, oil really spiked. I enjoy trading oil, but occasionally I have no clue why it does what it will. Very dangerous if you don't know what you're doing, and I often don't know what I'm doing.
Natural gas keeps moving up. I guess I should've relied on my stop loss and let it run a little. My main problem is that I second suspect transactions way too much. To be honest, I probably shouldn't have taken that commerce. There was really no installation, it was a 50/50 shot that it goes up or down.
Markets are pretty big this morning. Bank of England reduced its healing forecasts, Asia and Europe are pretty much all down.
UJ hit it is November 2009 low that it has been targeting for a while and has bounced off it.
Natural gas is hanging around the edge of a pond. Tried to break under 4.27 this morning but failed and has since regained.
I do not expect a broad based selloff today. Actually I believe we may observe the markets recover a little. My first trade today I'm long crude oil in 79.31. Stop at 78.99 for Now.
Oil is merely hanging around 79. I'm not planning to do anything until the start of the market or a little later though. Feeling weak. Waiting for signs of a bounce, but likely won't happen till near 10:00.