tntsunrise
Short

Oil in a range boundary (1H short Entry)

FX:USOIL   Crude Oil (WTI)
3412 26 100
9 months ago
Oil             in a range boundary

Now the price is at the 200% again
but rejected nicely
I short oil             this mroning at 45.90
And My target is 44.60 and 43.30
RSI gives me confirmation as well.
9 months ago
Comment:
snapshot

For thoese who missed the short this morning.
Now is a good place to open trade.
Pull back to 0.618 level
9 months ago
Comment:
snapshot

Boom! Two Target both hit.
from 45.90 to 43.50, 240 pips
9 months ago
Comment: After TP2 is reached. Price rallied. but we already Take our profit!
That's the beauty of a well planned trade.
You know exactly where you want to take profit and you should stop loss
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manish101
9 months ago
Thanks Jack, what SL would you recommend?
Reply
tntsunrise TOP manish101
9 months ago
LOOK LEFT.
Reply
ieducswesps
9 months ago
I shorted oil last night at 2 am,it took more than 8 hours to get to 45.14 and it took 10 minutes to go back to the same point it was last night.Im no professional not even close but this tell me is risky to short oil
Reply
tntsunrise TOP ieducswesps
9 months ago
you dont measure a trading plan risky or not risky. measue by the risk/reward ratio, measure by how many reasons you have to open that trade. ask yourself do you want to risk 2% for this trade, if yes, you go with the plan. if not, don't trade and find another plan.
Reply
val_trader tntsunrise
9 months ago
It was easier to long this morning from 45.13 to 45.70...
Reply
ieducswesps val_trader
9 months ago
And that told me that the market is bulish,please dont curse at me,im here to learn.But i was just saying a oppinion,i hope i havent offended Jack,that wasnt my intentions.
Reply
ieducswesps tntsunrise
9 months ago
I was in the short by the way,i didnt closed my positions and it turned out good,i was just saying,im not a professional trader,not even close,but what happened from last night till today told me that oil is bullish.Thanks for your help Jack,i appreciate your efforts to teach us.
Reply
alamico PRO
9 months ago
Is shorting oil still valid ?
Reply
AYosof
9 months ago
what is your target up now?

Reply
tntsunrise TOP AYosof
9 months ago
CLOSED AT 43.50
Reply
tbuckle PRO
9 months ago
Do you think here might be a good long?
Reply
tntsunrise TOP tbuckle
9 months ago
Nope. Daily Chart is going to form a double top.
Reply
YACCINE
9 months ago
Very interesting ,i'm learning from you .
Thank you sir
Reply
tntsunrise TOP YACCINE
9 months ago
welcome to take my course in june. I will teach you to become a pro-trader
+2 Reply
ieducswesps tntsunrise
9 months ago
Thanks Jack.
Reply
AYosof tntsunrise
9 months ago
I am in when and where is that?
+1 Reply
AYosof tntsunrise
9 months ago
at which suipport would you long now?
Reply
Satoshi23 tntsunrise
9 months ago
do you have a one time course or you have daily webinars and setup analysis?thank you
Reply
KVE PRO
9 months ago
Nice one!
Reply
hao.deng.m
9 months ago
Wow!
Reply
Forex_Bull PRO
9 months ago
very good work Sir
Reply
AlphaDreams PRO
9 months ago
Are you expecting it to continue to drop through night and tomorrow during NY day trading hours?
Reply
tntsunrise TOP AlphaDreams
9 months ago
I don't care already. 1st: Already take profit at target 1 and target 2, rest position move SL to break even. so this trade turned to be a risk-free trade.
Whether it continue to drop, or reverserd up, it doesnt matter.
Reply
AYosof tntsunrise
9 months ago
what is your expectation based on analysis?
Reply
tntsunrise TOP AYosof
9 months ago
no expectation. I have 1300 short. I dun care where market goes. if continue fall, i make more money. if pulls back, i got better place to sell again
Reply
tntsunrise TOP AYosof
9 months ago
sry. 1300 is for gold. i have 45.90 short.
Reply
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