The trade bring the oil market drifted back down. As they trying to fill up the pipelines as a storage, It may not implement as soon as possible. It takes months to create and manage the project. They said stop the rigs, shut down the drilling .. but that is not an easy stop like a car, can switch off and off within a seconds.. Back where I was, as an oil & Gas workers, I understand what the process it may takes, the producers, and hard tough work. The daily operation of drilling can not shut down fast, it takes times, or the machinery will broken or worst will exploded.
Back to the trades, We've forecast the price will continue to plunge this week. Set tight with your trailing stops, and renew trades if where is needed.
This is just a forecast trade and educational only. Please take serious, that profit or loss is at your own.
If you find this is helping you, please like, follow and comment if you have different ideas.
Back to the trades, We've forecast the price will continue to plunge this week. Set tight with your trailing stops, and renew trades if where is needed.
This is just a forecast trade and educational only. Please take serious, that profit or loss is at your own.
If you find this is helping you, please like, follow and comment if you have different ideas.
Trade active:
Trading still active, and has been renewed. Still stick with the plan, there is no upstream news so far.
Trade active:
The support zone has been defeated.. Add small position. Still far to go..
Trade closed manually
