xukaitan888

I am not taking risk on OIL.

FX:USOIL   Crude Oil (WTI)
73 0 2
I sold my UWTI             at 21 ps.
I am not taking risk on OIL             any more.
I don't think OPEC can have proper action after their stale meeting.
I want to see OIL             push down to 36 from now.
I would not take a lot of money to trade that decline.
Comment: http://www.cnbc.com/2016/08/11/iea-cuts-oil-demand-forecast-as-economic-uncertainty-weighs.html

I want to see OIL down to 36 in the next few weeks.

I am full position in gold miners and LABD shorting position.

I will not short OIL now.

I will long OIL when it reaches target price.
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