FX:USOIL   CFDs on Crude Oil (WTI)
422 5 19
Analysis on chart.
Use your sixth sense ^_^

Click like to be updated on developments. I hold a short from 47.22 on demo, and short on live account via EURCAD             long. see chart here---

We had fun with the chart below, some 4months ago. The updates to this chart presents loads of real trade lessons, bar by bar. Great for my library

Comment: OPEC set for no deal as Iran rejects Saudi oil output offer
Comment: price reaction here, it matters!
Comment: 47.10 Just be patient and dont fight the mkt ;)
Comment: Heads Up!!! USOIL UPDATE--- If you did this trade w/ me, I think that we got activated now. The #1 challeneg I have here is that, we did not walk into the entry order---we gapped into it. That means that we need to be a bit careful here. Otherwise, for now, revise your stops from 50.98 to 50.56
Comment: Investigating gapping.....
Comment: Well,
Saxobank doesnt show gap....
Tradenavigator doesnt show gap......
IG doesnt show gap......
Tradingview/ doesnt show gap.......

I guess I hold short, and rel on stop
Comment: CRUDE OIL TRADE UPDATE---- No loss. Very tiny gain. Thanks to good risk management practices. click on link for chart update.
Comment: Now, if price fails to reach 51 in 6hours from now = I'll short again, at close price of 6th hour, w/ stops @ 51
Atm, I see price simply rally into a PSZ-- Potential Sell Zone. No crude oil trade yet
Comment: Doing a new chart for oil short----
Comment: New chart done
Seems like we got the same minimum target >.<
+1 Reply
moorekapital Yahia.Awes
Certainly! 'BOL' is a KEY trend decider.
a nice chart. let's see if opec meeting could take oil to a new high or a new low. :)
+1 Reply
Valid statement. I believe that anyone short or long would manage his/her trade accordingly. Buy Climax, 51.60 would invalidate any further shorts imho
summer6 moorekapital
agree ^_^
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