moorekapital

USOIL: I'M WAITING FOR THE BIG TRADE

FX:USOIL   Crude Oil (WTI)
281 13 11
TREND
Main Trend is down

SUPPORT/RESISTANCE ZONES
Key S/R zones based on ideas from
TIME AT MODE METHODOLOGY(Courtesy Mr Tim West)
60.00 50.00 and 40.00

SHORT TERM STRATEGY
Price is currently being coiled up in a
box, Therefore, ( Buy Low Sell High =Scalp Strategy Activated)

LONG TERM STRATEGY
Main Trend is down but at the right signal, this could be traded to 50.00 or to 40.00, depending.


Comment: Oil rejected 50 w/ a fantastic wick ;)
It's making its way back to the mode @ 45

It was a nice short from 50.00000

REACTION @ the MODE would be monitored for another trade

Until then........
Sitting on my hands, and protecting Capital ;)
Comment: 45 killed. We head for 40 next.
Comment: So we hit 40, and Oil seems picking up strength. ^_^
Glad I held my short. Very sweet bear close!
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moorekapital moorekapital
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Hummmm
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moorekapital moorekapital
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IvanLabrie PRO moorekapital
Saw my last publication?
Also, Tom Killick posted one.
I think it's headed south.
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the wick aka rejection is too strong
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