Just opened a short on oil.
Interesting to see the algo traps to the long side.
I opened a long this am at 5am that I sold later in the morning for a modest gain. This was a scalp based off the headline catalyst and the TA.
That ship had $30m of oil in it - peanuts. Still see this thing going lower.
Only thing that worries me is the dollar dropping affecting this short.
Interesting to see the algo traps to the long side.
I opened a long this am at 5am that I sold later in the morning for a modest gain. This was a scalp based off the headline catalyst and the TA.
That ship had $30m of oil in it - peanuts. Still see this thing going lower.
Only thing that worries me is the dollar dropping affecting this short.
Trade closed: target reached:
Closed trade about even steven. $40 profit lol.