IvanLabrie
Long

Oil WTI futures: Buy when it turns up for the day...

NYMEX:CLF2017   LIGHT CRUDE OIL FUTURES
I'm monitoring oil             here, I'll enter longs above Friday's close, with half position and a one average true range stop loss. I'll look to add after the close, on a new daily high, to then tighten stops under today's low.
I think we might get a deal, and push prices higher, currently sentiment is mixed, but people don't think a deal to cut production is likely, that's why price dropped.

Good luck,

Ivan Labrie.
Trade active: Up for the day.
Comment:
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Comment: Good move so far.
Comment:
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Short term target.
Comment: Buying for 2 days paid off.

Closed half here.

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Stop at break even now.
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