Daniel-Malik
Short

USOIL SHORT - AFTER GETTING ABOUT 1600 PIPS

FX:USOIL   Crude Oil (WTI)
921 11 30
Hello traders ! If you Guys have attended my webinar so you must know that Why I am giving this call.
Short USOIL             AFTER GETTING 1600+ PIPS in the same pair.
Comment: 150 pips in positive. move your SL at BE
Comment: 200 pips in Pocket ! You can book 100 pips and let the trade open !
Comment: 300 pips in profit !! move your SL at 200 pips
Comment: TP 1 about to hit
Comment: Tp 1 Hit Take a partial profit here and let the other positon run till tp 2 Thanks
Do we short now or wait till it reaches the supply zone?
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Thanks for all, Daniel. What about NZDUSD, keep short or not? Thanks in advanced
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Daniel-Malik mmercadillo
my stoploss at 0.7360.
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Daniel-Malik mmercadillo
my your stop loss at correct position
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Could be any possibility to re-enter on this trade?
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Can enter after watching price action
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what about the crude oil inventories news? will that make a difference?
thanks in advance.
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Daniel-Malik chhabrakaran37
it may or may be not. but I dont consider Fundamentals
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captain_smollett PRO chhabrakaran37
Inventories news are used by the market makers to hunt shorts or longs. It is difficult to predit which way it will move so I try not to play the inventories although normally it produces a huge volatility.

Regarding your question about if the news are relevant, please check the US Inventories evolution since the year 2000 for example. You will see a huge, massive built! Current levels are all-time record highs! And, after checking this, your first question would be: why the heck oil price is not 10 USD per barrel yet?! Well, here is a book sample of why the fundamentals are good but to a certain point
+1 Reply
Fantastic webinar Daniel !!!

I really appreciated your momentum/race car analogy, I understood immediately what you were talking about with that great analogy. Also much appreciate the bank explanations. Thanks very much for your great generosity. My current system required me to call in but I got everything clear over the phone.
+1 Reply
you're welcome and Thanks For the Feedback :)
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