Lanmar

OIL presenting a multitude of opportunities

TVC:USOIL   WTI CRUDE OIL
435 0 10
3 months ago
1) Initiate short at 51.25 with a stop at 52.20. If stop strikes wait for price settlement above 51 and go long into 57 if risk permits. This is not in the plan but an adjustment if stop hits.
2) If short is not executed at 51.25 wait for price to reach 46.xx to go long.
2) Initiate long (close short if any) at 46.xx targeting 57.
3) Close all long positions at 57.20. Go short at 57.20 with a stop at 62.50.
3 months ago
Comment:
snapshot
2 months ago
Comment: Multi-channel situation. We're approaching the bottom of the smaller channel.
snapshot
2 months ago
Trade active: Long at 46.70
Stop at 45.75
2 months ago
Trade closed: stop reached: Closed position at 46.40 on the break of the trend line
2 months ago
Comment: Went short at 46.30
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