Member Info for Blue_boy

Come on BP, 280 and hold!

She’s over the fence!!!

It’s like watching the grand national, come BP, Come on, 1p!

Futures looking good BP up 2.5%.

Bent up at 49.50, might see $50 this week.

This isn’t a buy, it’s the Uncrossed Trade (UT). All you need to know about that, is that it references the closing price.

GLA

I wonder what news has had that effect.

Thanks Tacet, I have my own strategy, I took profit and halved my in investment here yesterday. I was just curious as to yours and others strategy moving forward.

GLA

If we don’t hit it this week, do you intend to trade the range, or hold?

I don’t think it’s going to happen today, unless the market gets some good news!

Could be a good open!

Where you reading that?

Paddyboy, I don’t disagree. I followed the advice on here, I bought in at 191, took profit at 250 and basically sold half of my holding and bought back at 231. I’ve continued doing that listening to the guys on here, so I’m a few grand up.

Defo risky with BP to do this, it can move up so quickly and you risk missing out. When it’s running let it run, it has a long way to go from here and with plenty of upside, even for those getting in now.

I think the majority of us here are in it long term, however, some people trade very successfully. Selling at 250, buy back at 231, sell again at 270 and then buying 262, 255 and 248.

Some clever people on here calling every high and low.

MF said to avoid BP when they were 188, I didn’t listen, in fact I’ve learned far more on this board about trading and investing than you’ll ever learn from those publications.

Scroll back to October and read some of those posts.

Uncrossed Trade

Not a great open tomorrow, given the US oil prices and the the strength of the £. On the plus side oil is rising, hold, hold, hold!

I hope so, I was expecting a big jump on the OPEC news, but it never happened, priced in!

Fingers crossed Brexit goes the right way and the shares jump on that.

The strength of the £ is also a factor, strong today.

Brad, someone explained a week or two ago that the US BP shares are six UK shares, if you divide it (US BP) x6 and then convert to GBP.