AMEX:UCO   PROSHARES ULTRA BLOOMBERG CRUDE OIL
2 months ago
UCO             has an interesting setup to go long at the open, ideally if we make a new daily low here. We can enter at the open, but it'd be nicer if we hit 8.91, risking a drop to 8.35.
Upside is considerable, and this ETF uses up half the cash compared to UCO             , so it's a good vehicle to ride the post-OPEC meeting rally -if correctly diagnosed-.

Good luck,

Ivan Labrie.
2 months ago
Comment: If you followed my trade here, you're up big time. Premarket: 9.85
2 months ago
Trade closed manually: Sold at 9.85. I'll wait to reenter tomorrow if we get a dip...if not, I'll buy back if above my exit on close.
2 months ago
Comment: I'm holding futures/CFD longs, and OXY shares. We have potential for considerable upside here, so, we can look to reenter tomorrow, if we get a dip, if not, we are forced back in as well, risking a drop to the initial entry, with the same size.
2 months ago
Trade closed manually: I sold OXY and all positions 2 days ago.
If you're interested in joining my trading newsletter or private lessons, message me. I trade Forex, Equities and Commodities. Contact: skype @ ivanlabrie, PM here or QQ (2954487803). KHL telegram group: https://t.me/joinchat/AAAAAAqHRWYvrLlfpF0StA
ropaar
2 months ago
Very nice, I have followed your trade from $8.7.
+1 Reply
IvanLabrie PRO ropaar
2 months ago
@ropaar, good to hear!
Reply
MARGEO
2 months ago
hey my friend. thank you for the comment and advice yesterday.i was not able to find it and answer below that. Thank you once again and apologies for intruding in this post. take care.enjoy your trading today!
+1 Reply
IvanLabrie PRO MARGEO
2 months ago
@MARGEO, no problem. You took the long too? Or only covered short?
Reply
MARGEO IvanLabrie
2 months ago
@IvanLabrie, only covered short
Reply
IvanLabrie PRO MARGEO
2 months ago
@MARGEO, ah, too bad.
Reply
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