Babar
Short

AAL - LONG USOIL, SHORT AAL

NASDAQ:AAL   AMERICAN AIRLS GROUP INC
43 5 0
SAVE and LUV looking good also, OIL             will pressure stocks and market
Babar PRO
2 years ago
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Hi Babar,

I don't get why this is a short? seems like you're suggesting shorting on strength, instead of shorting on weakness

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Babar PRO HermanBrummer
2 years ago
Hi herman,

Yes indeed, shorting into strength are hard to find setups but i believe this one is a good one. I was waiting for 44.60-44.75 potential top area to be verified by candle formation and velocity to slowing down...i do believe this could be a RSI-SMII or any kind of other oscillator reload to mean 0. this would make level number 2 but i will already be selling at number 1....or on my stoploss just above because any candle closing above this level would decrease the probabilities of this setup below 10-20%, so too risky. This part is important as it makes the whole risk/reward ratio interesting.
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This is my strategy but my operation part will guide my entries and exits. http://gyazo.com/5ce35ca25b42d3dd6cc88279fb41d2f7 First chart above are