faylee
Long

Update for Oil

FX:USOIL   Crude Oil (WTI)
1037 20 37
6 months ago
My 1st buying entry at 39.5
2nd buying entry at 40.6
3rd buying entry at 41.3

TG1:$45.9-47
TG2:$49
TG3:$60+
6 months ago
Comment: I've pocketed some profts at 45
6 months ago
Comment: Now approching resistant MA250 in 4H chart
6 months ago
Comment: TG1 reached, pocket some profits and waiting for a retracement to buy
Action speaks louder than Words!!!
yewtay
6 months ago
this time i got it.. keep my finger cross...
Reply
faylee yewtay
6 months ago
Nice, don't forget to protect your profits
Reply
DavidTan
6 months ago
Stop loss? You hedged these position?
Reply
faylee DavidTan
6 months ago
I moved S/L to $42
+1 Reply
liuzhiji8888
6 months ago
Faylee is usually right on the money.
+1 Reply
faylee liuzhiji8888
6 months ago
Thank you:)
Reply
azizhk
6 months ago
Nice Faylee!!
Reply
kw1846
6 months ago
Hi Faylee, also have another question for you. How do you determine it as a 5 waves up reversal, rather than a 3 waves up correction (i.e. big B wave)?
Reply
faylee kw1846
6 months ago
In daily chart, it'd finished Fibo50% retracement and heading fibo target 1.618, about $67.
It's not only the correction
Reply
kw1846 faylee
6 months ago
As I see the chart, Fibo 50% is at 45.43, which is also my flag target... Then it may stop and go down, or touch our agreed 45.9 target and go down as well... As it only passed 0.382 around 44, I was not able to see it that far... Hmm, is there any trick when using Fibo? Like if 50% passed, we could then determine it as a full reversal? Sorry, I am not good at Fibo retracement theory...
Reply
elbistan
6 months ago
Hi Faylee. Question from a learner, why are buying on 3 seperate occasions.? Rather than keeping to one buy. Thank you.
Reply
faylee elbistan
6 months ago
hello, yeah, it'd be fine to keep one buy, it's depend on the strategy for your own risk and money management.
For A-B leg or Wave1-2, always retrace deeply.
+1 Reply
elbistan faylee
6 months ago
Thankyou.
Reply
SungPLM
6 months ago
was too late :|
Reply
AKIN007
6 months ago
Congratulation....
Reply
TimZhang PRO
6 months ago
Great job!
Reply
Cruddest
6 months ago
its not abc , its 1,2,3 ... even your monthly chart counting is wrong aswell , you will be surprised when this thing goes to 90-100
Reply
Cruddest Cruddest
6 months ago
monthly wave analysis
Reply
Bo PRO
6 months ago
That is some very nice and sharp trading. Congratulations~!~
Reply
GatesOfCapital
5 months ago
Hi FayLee, what do you think about oil for this moment? Can we go to 50 again?
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out