Realisto_FX
Long

USOIL Outlook : Long or Short ?

TVC:USOIL   WTI CRUDE OIL
158 0 4
Good morning traders,

I´m considering a long position on USOIL             while 43.5 level holds.

In the past 2 days we had mixed signals. There are fundamental reasons to consider OIL             prices will remain stable around this levels, and technical reasons , like price above 200 MA to be long.

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6 Trading Rules :

1. Never add to a losing position .
2. Don´t be the first to buy low and sell high ., and don´t be the last one to exit
3. Think like a fundamentalist, trade like a technician .
4. Keep your analysis simple
5. Start small and increase exposure when trend is confirming your analysis
6. The hard trade is the right trade

Regards

Josep Pocalles
http://www.realisto.net
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