Short US Oil

I have already been short for some time and it looks like it is going much lower, if you want to be cautious watch for ks pointing down and cs going down through price and of course price entering and exiting the cloud for fast and safer gains.

Trade closed: target reached:

Trade closed for now may reopen trade when price breaks below cloud but it is not looking like a typical journey to below the cloud so I am cautious.

Comment:

Luckily I was asleep when the market climbed back to above 49, at that point I may have closed the trade but I ended up with decent profit from this trade.
It is always important to remember I trade with no stop loss which needs a strong belief in your strategy at times when the market is a little temperamental.