Brent wants to go up - Clue WTI might do too.

FX:UKOIL   CFDs on Crude Oil (Brent)
310 13 4
WATCH: daily EMA10 :)
YaKa charlie.delta.trader
Exactly Charlie.. I look at the 13d ema.. probably close enough.. for me Crude could breakout if achieves closes above 47.
+1 Reply
here is chart
hoping for a spike lower to clear out stops and then a run up
dionvuletich dionvuletich
yes, its a bat on the monthly at a 15 year trend line, want to be long but need a good entry
YaKa dionvuletich
i feel it is preparing an upside attack from nowhere.
YaKa dionvuletich
very possible. hoping not as i d be one of them:)
sorry mate, not meaning to undermine you - only saying that because my long entry is just below that horizontal level and stop below 45
YaKa dionvuletich
Dont worry - market does not care what we say/wish anyway... it has its own life.
YaKa dionvuletich
it is often good to wait for a test before entering a position (we had 2 tests on wti already).
Sometimes, to enjoy the honey you need to bear some bites... That's what i am doing... The trade could be kicking if wti jumps over 47 which could give it enough energy to go break 49 and reach 53/57 where i would fold.
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