USOIL: still no real breakout,although floating with profits Short

Crude Oil (WTI)FXCM

Description

⋅ Dec 12, 2019 3:09 AM

USOIL: still no real breakout,although floating with profits of 30pips

Will keep the short positions, last night was the 5th time retesting 59.20, under great pressure.

Trend Analysis Supply and Demand

Comments

cjsquare

⋅ Dec 13, 2019 12:19 AM

Does holding short positions generate positive or negative swaps for you?

JasonSong

⋅ Dec 13, 2019 5:50 AM

@cjsquare, Yes, nagative swaps indeed. Will see how it react to the up of the channel and manage the position then. For swing or trend traders, swap shouldnt be a big problem.