Tom_Killick
Short

CL1!: Looking To Short Off This Level #Oil

NYMEX:CL1!   Light Crude Oil Futures
594 10 8
Traders,

Looking to short off of this level.

Best of luck,
Tom
To join my signals group, or receive training from a former city trader: T.killick182@gmail.com

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Bulish on oil , you should be buying :D
Reply
Nah, I'm a bear, for the time being anyway.
+1 Reply
IvanLabrie PRO Tom_Killick
Same view. Great work as usual mate.
Reply
Buy oil :d
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Nah I'm a bear (For the second time)
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Supply/demand fundamentals have only gotten more bearish since last Nov's OPEC decision. Other than technical bounces, IDK how you spin the bull case.
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Tom_Killick PRO simonsays452
He's entitled to his own opinion- No harm done :)
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IvanLabrie PRO Tom_Killick
Sometimes fundamentals fail at crucial junctures where there's a radical paradigm shift.
Might be the case, you never know.
Technically speaking, I'd be going long if we see 5 daily bars without new lows and a close above 45.21, and also a strong range expansion candle, a marubozu/engulfing breaking local resistance. Otherwise, no go for me yet.
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Thats a very time at mode biased view of the markets, not everyone holds this view.

Tom
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IvanLabrie PRO Tom_Killick
Naturally...key: "for me".

Check out my updated usdjpy:
USDJPY: Neutral but volatile, Rgmov implies down


Would like to hear what you think.
Reply
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