jolicoeur342
Long

USOIL - BUY SETUP (SHORT TERM TRADE)

FX:USOIL   CFDs on Crude Oil (WTI)
604 10 14
Long term USOIL             is going down! But short term USOIL             got stop by a BEAUTIFUL daily support =)
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Retracement periode should begin about now, I will be waiting for a RE-TEST then I will be buying!
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I will keep UPDATE on this trade!
Make sure to LIKE and FOLLOW for more CHARTS IDEAS!
I will also make sure to answer every comments below =)
Comment: *UPDATE TRADE STILL VERY GOOD =D*
Comment: Better idea of my point of view!
Great chart and think you
i totally agree with you
Reply
simple trade set up! but wish you could share what supports the long view other than just trend line! (ps. looking forward to more USOIL posts! and perhaps GOLD!)
!
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I've never done oil Pierre, heard it moves mega slow, maybe I will do my 1st very small lot size buy on your excellent analysis :-) Thanks for your views
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jolicoeur342 iamdreamer
you cannot play small lot on USOIL ! So if you have a small account i wouldnt suggest you to play it
Reply
iamdreamer jolicoeur342
oh ok, yes I just have $1K balance so I like to keep small lot sizes, I was thinking .05
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alan_watch iamdreamer
It moves slow but accelerates greatly during US hours (or sometimes earlier in London hours)
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iamdreamer alan_watch
ok thanks, yea I have seen people mention the slowness of it. I'll watch more closely.
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alan_watch iamdreamer
It moves slow then it acclerates greatly!
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Pls provide us the possible approximate entry exit and SL which is helpful. Regards / manjusr at gmail dot com
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jolicoeur342 manjusr81
Safe TP around 46 SL: 42
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