This idea is pretty simple and straightforward, everything is in the chart.
Good luck!
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Oh there is 100% going to be bearish divergence, but there is no rush.
1/ I wait for the high to be breached with b. div & then I short. 2/ I zoom in & if there is divergence on at least the 4HR chart I overcut it and short maybe 10-15 cents below the level.
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Just a waiting game now...
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Ok probably missed it. It all happens of course when I have a very very stupid call that we have daily here to say what we worked on during the day.
Wanted to start scaling in before the level is hit with a really small order... nevermind then...
It is truly mindblowing how stupid this little "reunion" is and how pointless. No wonder the guy that imposes this lost his life savings on ripple and refuses to talk about it now. Every one working with him thinks it is stupid but he somehow managed to convince management it was a good idea.
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Retraced on 1.618. Reason enough to think it will retrace on 2.618? XD
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They made me miss buying Bitcoin at 9000$ when it dipped then bounced to 14000, and closing short and buying at 6000 and doubling up back in feb... For what? Stupid crap that makes no sense. I bet some fool that kept holding my leg & is now in a depressive coma because he lost everything to ripple, just needed to change his mind while crypto was tanking & I was his distraction that is why he had so bad timing (haven't seen him 3 months he is "sick" nice 3 months of common cold right) Getting pretty tired of this crap.
Going to try getting fired soon I'll get 2k euros a month for doing nothing, and I will be able to trade.
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Here is the level test with lower RSI. I do not know how much further it can go and where to consider it will not pullback.
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Shorting 3 times more on 73.5$
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I am not shorting more. Let it not be a loss because I was at work yesterday on the phone...
Still looks like it will retrace... maybe next week...
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Hmmm
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Nevrmind I did add 10 contracts...
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Man I fking hate this...
I was hyped because I conquered Oil...But I conquered Oil AFTER starting this trade... And once again it's all because I have a day job.
They won't fire me they feel too much pity...
This is the ambient sickening mentality... losers have to be helped, it is compassion. I could just do what it takes to GET fired, but anyway I think I am good now. Wish they fired me a couple months ago thought.
I was feeling sorry as I was going to the restaurant this midday, for people that just wake up early their WHOLE life to go slave. While I got some tricks to just do nothing and let money flow into my pockets. But right now it is frustrating so I'll always be able to say I had to "work hard" my first year...
How to keep slaves in check: make every thing possible to prevent them from making money, so they HAVE to keep slaving for you to get just enough to survive.
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JESUS! APPEAR AND TELL ME WHAT USUALLY HAPPENS ON OIL OR NRJ FUTURES WHEN THERE IS BEARISH DIVERGENCE AT SWING HIGH ON THE WEEKLY I DONT HAVE TIME TO CHECK!
Trade closed: stop reached
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Stop lossed due to bad luck & people getting in my way.
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Now that I got stopped at the very top, it will retrace.
Looking at different brokers spreads.
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Is it ACTUALLY going to drop here? After barely stopping me thanks to spread and slippage?
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Not going to look at it anymore... Thanks EU regulators, thanks job.
I am claiming the title of most unlucky trader in the world.
Still managed to make 5% a week 02 to 05 2018...
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Brain damaging eu regulation are doing their besf to destroy the oil market .... Read more here
Still think there will be a bigger drop, maybe down to 70$, next week, but I am not trading that. Can't tell how high it goes and how much it retraces.
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Ouch.
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Oil dump filled my longs, got some left lower.
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Big hidden bullish divergence on 4hr to daily tf. Did not check lower ones.
Trade closed: stop reached
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I am on phone I think it retraced too much. Bad timing for me. Extreme bad luck today. I think this setup has a 90% winrate, not sure need a pc.
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I will go long on next good support I see but because of bearish divergence on weekly its pretty risky :p