LeoYao

Wait till USOIL comes to 49.9 to 51.5 Zone.Short Then Long

FX:USOIL   Crude Oil (WTI)
2842 42 54
6 months ago
You can take RSI into consideration. If everything is perfect, we can short from C point and long from point D.
6 months ago
Comment: Oil hit 49.4 then drop little. wait and see it's second or third test our yellow zone.
6 months ago
Comment: Short from a little bit higher than 50 and today lowest is 47.73 till now, around 230 pips earned.
6 months ago
Comment: The Oil price is struggling below our yellow zone now. Whatever, you already keep some profit in your pocket. Just put your SL to your entry will do.
6 months ago
Comment: Umm,the Oil still struggling around the zone. Reenter again just now. Let's see how
snapshot
6 months ago
Comment: Add one more position and I would like to put the SL a little higher than the purple channel up level as tonight has EIA data.
6 months ago
Comment: Seems drop from my second entry from 51.16

snapshot
6 months ago
Comment: Now I have three short positions; 50.2, 51.16 and 51.51. I won't open any more position for this trade unless the downtrend is obvious.
Current price is 50.28, the P/L for the three positions are : -8pips, + 88pips and + 123pips.
In total 203 pips. I would like to do sth to protect my profit.
6 months ago
Comment: Now is 49.8 , I earned 353 pips for my three positions
6 months ago
Comment: 49.52 just now.443 pips for my three positions.
6 months ago
Comment: 49.11 now, 563 pips earned. today may break 49
6 months ago
Comment: really break 49 on friday, lowest is 48.79. Three positions have earned 626 pips !
6 months ago
Comment: 48.19 just now, three positions 806 pips. take note to take another profit between 47.8 to 48 range
5 months ago
Comment: Hit 48, 866 pips. Take partial profits
5 months ago
Comment: I look at tonight's moon and star, seems like it told me 48 cannot support oil anymore today... joking..
5 months ago
Comment: today hit 47.54, 3 trades 1004 pips earned
5 months ago
Comment: Hit 47.26,1088 pips in total
5 months ago
Comment: hit 47.20, 1106 pips. Today may break down below 47
5 months ago
Comment: hit 46.55,3 positions 1301 pips earned.
5 months ago
Comment: 46.12 hit, 1430 pips for 3 positions
5 months ago
Comment: 45.8 hit,3positions 1526pips.another almost1600pips
5 months ago
Comment: hit 45.82 last night. Half profit taken on 46 as i said in last comment.
USOIL Another Potential Short Zone with 1526 pips in pocket
ak139676
6 months ago
NIce
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Flazedude
6 months ago
I am short from 50.00
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LeoYao Flazedude
6 months ago
Not bad dude.now it's 49.99
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abail
6 months ago
Is it plausible for you oil to re-teste the 20s in a long time frame?
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LeoYao abail
6 months ago
sorry, i did not get your question
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abail LeoYao
6 months ago
I mean in the long term if you see oil in the 20s again?
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LeoYao abail
6 months ago
that is really a tricky question. There is no never-end up or never-end down. History will be repeated so it will be tested again. Especially the new technique is mature to take place of Oil in the future.
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wali
6 months ago
Good work man, very helpful. Thanks
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LeoYao wali
6 months ago
Feel happy that you like it. Wish a good win
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ak76
6 months ago
Hello LeoYao, I am also short at 51.2 , moved my SL at BE , I wonder what is your target? Thanks in advance
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LeoYao ak76
6 months ago
Hi maybe point d might be the final TP and consider Long
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Roncriss
6 months ago
Too bad i put a tight SL and i was stopped before the free fall, Great Idea Leo
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LeoYao Roncriss
6 months ago
sorry for that. but I really updated need to put SL above the purple channel, Ron.
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Roncriss LeoYao
6 months ago
Yah sure,i think i missed that..maybe next time
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mabaert PRO
6 months ago
want to jump in on this big bearish move, but projacks chart said wait for pullback to 50,3. Do you agree on that level?
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LeoYao mabaert
6 months ago
hi, u can wait for 50.3 or 49.78. And i may take partial TP at 47.8 where the pullback may happen.
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mabaert PRO LeoYao
6 months ago
thanks for the reply. It's interesting to see that although you share the same trade method and are in the same group, your entry and exit levels are different. He considered 48,3 the start of the pullback. Did you start to use different methods to determine the levels?
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mabaert PRO mabaert
6 months ago
(only asking because at one point i'd like to take a course myself, but would like to consider the differences in methods first)
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LeoYao mabaert
6 months ago
Hi, u need to see deeper. actually my style and his style are totally different if u check clearly. and the method we used are a little different. :) of course, if you want to learn my style, u can email to leoyaotrading@outlook.com for my training class. If u are interested in his class, also can let me know privately. I can help u register.
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mabaert PRO LeoYao
6 months ago
thanks. I'll consider it after following your charts for a while!
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LeoYao mabaert
6 months ago
Hi, no problem. When u r ready, just let me know which course u r interested in. thanks.
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Amin.Wafa
6 months ago
Hi Leo, what is your idea is it good to sell the pullback?


thank you
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LeoYao Amin.Wafa
6 months ago
Hi Bro, yes, it's good to sell the pull back. btw, u can come to my training class if u want. U can ask me privately.
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Amin.Wafa LeoYao
6 months ago
I sent you an email,

please can you tell me on which level good to sell and SL.

Thank you
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LeoYao Amin.Wafa
6 months ago
50.3 is the best, SL can put above 51.5 or purple channel.
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Hi Leo, I anticipate it is going to 42 after a retracement.
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LeoYao EricDelacrausaz
5 months ago
I Guess it may go to 39 or 40, how do u think bro
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EricDelacrausaz PRO LeoYao
5 months ago
Since 4 April the oil is in a rising wedge, it has now broken the wedge to the down side, taking the Fib I see that the 38.2% is at 41.47 thus I would put my first TP at 42.
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LeoYao EricDelacrausaz
5 months ago
That is very good idea man
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hir0406
5 months ago
you see any rebound in oil from here to enter short again?
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LeoYao hir0406
5 months ago
tonight has EIA data. trade after that plz. or no matter which way u trade from here, u will be SL.
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hir0406 LeoYao
5 months ago
so you mean market is going to move both ways so if go up should be sell and if go down then some profit should be taken,rite?
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LeoYao hir0406
5 months ago
yes, u r correct bro. btw, i provide trading class, if u r interested in, u can contact me through leoyaotrading@outlook.com
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Hi Leo,

Your charts help a lot. The last few days I was able to get some profits, but today I got over anxious and tried to do the GBP for short term to take profits tomorrow and I got a whammy and lost my gains for the week. I also wanted to get into the oil with a sell but then noticed your comment below to wait until after the EIA data. When is that due to be released? and will it still be a sell? I guess that will have to be seen. Again Thank you.
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LeoYao EricDelacrausaz
5 months ago
Hi Eric, It's good that i hear you already begin to win. Actually I do not know the reason why u lose GBPUSD trade today as it goes perfectly as I predicted. Anytime, just remember patience pays back. EIA is around 22:30 pm here in Singapore timezone. U can use google to transfer to your country's time. I propose when it's high, u can short. :) Thanks.
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EricDelacrausaz PRO LeoYao
5 months ago
Thanks Leo,

It was actually GBPCHF and GBPJPY that I tried out but somehow as soon as I entered them, they started losing until I got SL. The GBPJPY went a little longer then the GBPCHF but was still not good enough to keep rolling. It's all good though, it was my mistake again. Is 22:30 when the announcement is made? That is in one hour, I presume they will make an announcement then or wait, the event calendar is where we get the info correct? I agree that patience is very important when it comes to trading....everytime I did not have patience I lost. Anyway thank you.
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LeoYao EricDelacrausaz
5 months ago
Hi Eric, Yes, 22:30 is the time EIA release the data. U can improve from here. Do not worry too much, bro
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Michael918 LeoYao
5 months ago
Hi Leo, what is the target price for this short? Thanks!
+1 Reply
nhanpt62
5 months ago
if it test 47.95 can sell sir ?
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A few more PIPS and I will have made up for all my losses in the last 2 weeks. Moved my SL to secure some profits just in case.
+1 Reply
ak76
5 months ago
Hi Leo, I still keep my shorts and I wonder if you still keep your shorts? if yes where should we move the SL? thanks
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LeoYao ak76
5 months ago
hi yes, i still have but have take partial profits twice. To ur entry
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