This trade location is approaching again and it again could be a great trade. However i am liking the opposite trade more now due to the rising prices in oil. So the short could be a nice fast scalp but the trade I will focus on, as long as oil is seeking higher values, is a long of the bottom of this upper range.
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the same trade repeating itself
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we will be a few days before this trigger happens now, so just waiting and watching. Remember I did say in original post the long side from a drop would be good
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we now have the trigger for the second trade in this thread, good luck, 2.39 is my entry price
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up $140 per pair so closing half, a bit over 20% ROC
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this trade is now reduced down to 1 contract, and closed this last group with $190 each, now remember the trade only took $680 of capital to trade so a 28% return in about a week
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This trade, what is left of it is doing very well and could be closed at anytime. I however will keep holding and now and again update the progress.