The Saudi oil shortage rumor was bought and now I think the news will be sold. We’re awash in oil with a slowing global economy.
Long SCO (3x inverse oil) at $14.27 average price. Stop loss 1.5x ATR. TP with half the position @1 ATR, stop loss will move to breakeven and trail upward from there.
Long SCO (3x inverse oil) at $14.27 average price. Stop loss 1.5x ATR. TP with half the position @1 ATR, stop loss will move to breakeven and trail upward from there.
Trade active
Trade active:
Stop moved to $12.55
Trade active:
Stop moved to $13.50
Trade active:
Stop moved to $15.30
Trade active:
Stop moved to $16.50