Posted at 9:39 am 9/11
Trade active
Comment:
Less than 40 pips from the final target.
The key level of 54 held, and I suspect some consolidation. 75% of this position is now closed at +376 pips.
The key level of 54 held, and I suspect some consolidation. 75% of this position is now closed at +376 pips.
Trade closed manually:
USOIL, WTI Trade Closed 100%, +376 pips
Well done to those that took this trade with us.
Well done to those that took this trade with us.
Trade closed: target reached
Absolute perfect trade with no drawdown and up +200 pips in just under 4 hours. One half of this position was closed in profit at +197 pip and the remaining will ride floating.
Market sentiment is majority long, with over 80% retale buy positions. By playing on the market markers side we can continue to let this deteriorate and fill the liquidity of the bulls being stopped on the way to our target.
Look for news events to be a catalyst that will drop price below the current bottom of consolidation at 55.77
Downside target of 53.63 remains.