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simonsays452

Another leg lower in oil shorting to $33

Short
CFDs on Crude Oil (WTI) (FX:USOIL)  
simonsays452 Updated   
FX:USOIL   CFDs on Crude Oil (WTI)
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Asymmetrical risk still exists to the upside, but the price action the last few days is screaming for another leg lower. We short to $33 with a very tight stop to keep risk/reward > 3:1.
Comment:
Our original stop was hit, but we moved it up to 35.70.
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