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WillNixTrading
Mar 24, 2020 5:23 PM

USOIL Short

WTI CRUDE OILTVC

Description

Whats up Traders -

Publishing another scalp here. I show the SL and TP on the chart.

Looks like another step down for OIL is coming.

Im Using Leveraged ETFS (LETFs) to get access to this price movement. There are a whole host of them including DWT, DRIP, SCO, DTO

Trade closed: stop reached

Fail
Comments
gaiapunk
I'm also trading DWT, got greedy and doubled down at the peak, now have a bit of a negative carry and now I'm just waiting to see where the cards land regarding total demand destruction this coming especially now that India is closing shop for a bit. I expect we will test some new lows and this time I'll just take my ticket and chill.
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