January 31, 2012 12:59 PM | 1 min read
20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
Massive find could make Brazil one of the world's top five oil-producing nations in just the next few yearsSeveral miles off the coast of Rio de Janeiro, as much as $5 trillion in untapped crude oil is sitting under Brazil's pre-salt fields.Investment U's Jason Jenkins stated last December that this massive find could make Brazil one of the world's top five oil-producing nations in just the next few years.Dan Bartfeld, a well-known project finance partner at Milbank, Tweed, Hadley & McCloy, says, “Brazil will continue to provide a huge amount of opportunities for industry in 2012.”Energy firms from all over of the globe desperately want in on a piece of the action.Yet one oil and gas company – Anadarko Petroleum (NYSE: APC, Stock Forum) – is looking to cut ties entirely from the one million acres it owns in Brazil's pristine pre-salt fields.And it raises the question, why?
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20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
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