Long Oil Long

NYMEX:CL1!1D

Crude Oil FuturesNYMEX

Description

⋅ Nov 7, 2018 11:52 PM

Enter Long 61.70
Target: 65.48
SL: 61.19

Trade active

⋅ Nov 7, 2018 11:53 PM

Comment

⋅ Nov 7, 2018 11:54 PM

I have viewed 63.43 as an area of major strength, looking for equilibrium hedging to take prices near 65.50 'if'... we see an interim bounce from the current low.

Good trading all!

Trade closed: stop reached

⋅ Nov 8, 2018 3:27 PM

Ouch, lots of cuts on my hands! Made quick use of my SL unfortunately. Back to the drawing board.

Comments

dim.en

⋅ Nov 8, 2018 3:31 PM

Do not despair, I think you're on the right track.
Time to stop the drop and make a serious correction.

smitheric1970

⋅ Nov 8, 2018 3:35 PM

@Dim.en, Agreed, still same view on this chart, I think today was just a spring