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Daniel-Malik
Aug 22, 2016 10:37 AM

USOIL SHORT - AFTER GETTING ABOUT 1600 PIPS Short

Crude Oil (WTI)FXCM

Description

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
Comments
ErnMan
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.
Daniel-Malik
you're welcome and Thanks For the Feedback :)
chhabrakaran37
what about the crude oil inventories news? will that make a difference?
thanks in advance.
Daniel-Malik
it may or may be not. but I dont consider Fundamentals
captain_smollett
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
MiDiGre
Could be any possibility to re-enter on this trade?
Daniel-Malik
Can enter after watching price action
mmercadillo
Thanks for all, Daniel. What about NZDUSD, keep short or not? Thanks in advanced
Daniel-Malik
my stoploss at 0.7360.
Daniel-Malik
my your stop loss at correct position
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