Crude Oil - US Session Trade Levels for 5th Oct 2016

NYMEX:CL1!   Light Crude Oil Futures
This is a "counter-trend" strategy. We do not predict but instead anticipate exhaustion in price and trade accordingly.

Short @ 50.10; Stop: 20 ticks, Target: 60 ticks.

Long @ 48.45; Stop: 20 ticks, Target: 60 ticks.
I'm seeing a pattern with your price targets and short or long recommendations.
quin2k tbuckle
I'm happy that you've caught on pretty quickly:-) I developed this strategy to overcome the the time difference between NZ and the US and I've used it to trade FDAX, CL & ES. It's a set and forget type of strategy!

Kind Regards,

the pattern I am seeing is that they are usually wrong and then constantly adjusted. Not sure how this helps anyone?
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