OmerN92
Short

Entered DWTI at 107.96

FX:USOIL   Crude Oil (WTI)
62 1 4
5 months ago
I do think the oil             is bullish these days' although I think it needs some correction before it can continue it's trend line . so today it is going down, for the next week, it will be bullish .
5 months ago
Trade active: I don't try to cover up when ever I do mistakes, but I didn't expect that rally from the Saudian announcment. As I said before, I am bullish for the long term, ALTHOUGH I do think it must have some correction before that up swing. that correction should get to 0.618 retracement, which means 40.80.

Good Week and great profits for everyone!!
snapshot
4 months ago
Comment: Still holding the position, I will look closely today how the market will react to Putin's announcement.
It's obvious that oil must get to 50$~ area.
** it's the interests of all oil producing countries to make such announcements that lift the oil prices up so there will be no need for OPEC freezing.
**If the oil price remains 40$~, there will be OPEC meeting and probably then the oil prices get to 50$~.

Either way, oil must go up.
Why am I still SHORT on it? Because I do think the real price should be around 40$, and only when it comes to that price zone the oil producing countries will start the rally.

---But I don't try to fight the market, but surf on it. So today, if the price breaks the resistance of 45.22 I will close the position and suffer the losses. If it won't be able to break it, I still think we have some room to go down.
4 months ago
Comment:
snapshot

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OmerN92
5 months ago
So it didn't go down as I expeceted, but we DO see correction here to 39.77. After that we're out
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