DLavrov
Long

The Perfect Trend

FX:USOIL   Crude Oil (WTI)
253 4 17
I would like to share with you a good example of the perfect trend. We have up trend starting from 46 level. We could open 8 long trades and make good profit.

All trades are based on Whale Trading Strategy setups.
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ma.sanjuy
3 months ago
Dear, my view points as follows:

(a) if oil was really in demand, there was no need for OIL PRODUCERS, to cartelise the markets.. Heads of various Govt are desperate to bring the oil prices up... why so?? if there was real demand, there was no such necessity. Oil is surely being fast replaced by Solar power (which is anyways the prime source of all energy).

(b) To evidence what i said above, think of the following: If all the exchanges on which Oil is traded, simply called for 100% margin coupled with PHYSICAL DELIVERY instead of CASH SETTLEMENT, oil would drop immediately to the actual price (which cannot be more than $20 per barrel).

one must think of the above fundamentals before thinking to BUY oil at the current prices. It is simply not sustainable - as it is far away from its fair pricing.

rgds/
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DLavrov ma.sanjuy
3 months ago
Thanks for your comment! I don't use fundamental at all. The trading strategy gave 8 signals. And it's more important to follow the rules.
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JorgenValentin
3 months ago
so look like it cancel ?
Reply
DLavrov JorgenValentin
3 months ago
yes, why not?
Reply
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