tntsunrise

Jun 8, 2016 2:11 PM

USOIL Just Short at 51.13 Short

Crude Oil (WTI)FXCM

Description

⋅ Jun 8, 2016 2:11 PM

Just Short at 51.13, This the Entry also for the DAILY AB=CD Pattern
1. Retest the Trend Line
2. 200% Range Bound
3. RSI overbought

40 pips SL
If you can risk 400 USD
u can trade 1 lot

TP1: 49.50
TP2: 47.71

Comment

⋅ Jun 9, 2016 5:43 AM

My first Position at 51.13 was stopped out after the US session at 51.43
Right now I am lookig at the 51.66 level
see price got ant rejection or not.

Comment

⋅ Jun 9, 2016 8:41 AM

Comment

⋅ Jun 10, 2016 9:12 AM

1st Short at 51.13 stopped out for 40 pips
2nd Short at 51.60 now in profit 200 pips

Comment

⋅ Jun 10, 2016 4:21 PM

Water Fall ! Nice

Comment

⋅ Jun 10, 2016 6:20 PM

Comment

⋅ Jul 26, 2016 4:24 PM

Comment

⋅ Jul 27, 2016 5:50 PM

41.83 HIT
TAKE HALF PROFIT
from 51.13-41.80
930 pips

Trend Lines AB=CD

Comments

mlbo

⋅ Jun 9, 2016 6:00 AM

We are unlucky lately
....

Gluckmann

⋅ Jun 8, 2016 4:50 PM

You take the trade without some bearish candle like pin bar hammer or bearish engulfing? Daaamn :D

Trendhopper

⋅ Jun 8, 2016 2:13 PM

Short everything!!!

peterleem

⋅ Jul 26, 2016 4:56 PM

I believe it will change the trend after hitting $41.86
What do you think Jack?

tntsunrise

⋅ Jul 27, 2016 4:12 PM

maybe there is a bounce or maybe it will start a new trend. who cares. I will Take my profit at this level

peterleem

⋅ Jul 27, 2016 5:34 PM

Jack, not short covered yet?

tbuckle

⋅ Jul 27, 2016 8:07 PM

"who cares" ??? Anyone who wants to make some money on oil cares. Maybe YOU don't care. Fine. But yes, many of us care. So the answer to your question "who cares" is....most of the world cares.

BryanLasmana

⋅ Jun 11, 2016 2:33 AM

Hi Jack, thank you the update of the graph. I still hold my short from 51.6, many thanks to you.
Then from the new graph I can see that this will go down till 43-44.
Can I add another position, at 49 with sl 50.5 and tp1 46 and tp2 44?
Thank you for your idea Jack!

tntsunrise

⋅ Jul 26, 2016 4:24 PM

NOW oil is 42. hope you still hold your trades

tntsunrise

⋅ Jul 26, 2016 4:25 PM

NOW oil is 42. hope you still hold your trades