An overview of a short trade I engaged in using OILD back in April and May, capturing a portion of OILD's 110% increase alongside USOIL's 25% decrease. In addition I talk about the long-term perspective of US Crude Oil.
This is a basic chart for educational purposes. The arrows drawn are not predictions, merely possibilities. There are two scenarios I see potentially playing out: 1. Deflationary crash. I don't think this is the most likely scenario. The Federal Reserve would have to continue with monetary tightening by allowing interest rates to rise and they'd have to be very...
This is not an investment recommendation or any call to buy or sell It is just an analysis based on a study of the history of price action Behavior , that may not be a necessarily reason for the success of the structure or repetition. So please make your decision based on your vision . To protect capital and manage your deals and trading successfully the...
OIL HAS RECOVERED ABOUT THE HALF OF THE DESCENT STARTED IN OCTOBER AND FINISHED IN JANUARY. WE ARE ON A VERY IMPORTANT STRUCTURE AS YOU SEE THE GRAPHIC. PERSONALLY I ARE LOOKING FOR ENTRIES TO SELL WITH STOP LOSS WITH CLOSING OVER 71 DOLLARS, I THINK THE BRENT CAN MISS A 4-5 DOLLARS IN THE NEXT MONTH. GOOD TRADING AT ALL
the price is approaching an important resistance at around $55 level and the indicators are showing reversal signs. Stoch rsi double top, RSI bearish divergence and Macd histogram bearish divergence as well. entries and targets at the chart.
Oil have two big down movement. First one is done, we have second one. Big target $35-$37. My small target $46.00 --- Sell - $59.60 Take Profit - $46.00 Stop Loss - $64.85 --- Risk = 8.81% Profit = 22.82%
The third impulse wave is about to mature and a 6-month fourth corrective wave is anticipated to commence in January 2019, printing a low around $58 in June 2019.
Shorts (and some naked shorts) are being squeezed. OS at 129.45M and public float of 116.91M www.marketwatch.com Check out the volume: As of 1:20pm EST, $BIOAQ has traded over 14M shares With all the news out does this feel like retail profit taking or MM manipulation? If you're on L2, check out the orders-- 250k and 500k orders...these aren't...
It seems like oil is finally running out of steam at current prices. Looking at the MACD divergence forming, i will definitely be selling ukoil. Expecting to reach 70$/barrel mid-term and 60 in the longer run.
oil inventories near to come with in 15 mins. As technical oil support seems at 48.5 resistance 50.5. now trading at middle point. 49.4 expected after news can jump then drop . if hold on daily above 50.7 next station 52-52.5 where breakage 48.5 may call for 47 Advice to sell in range of 49.35-50.5 sl above 51 TP 46. Use small lot.
Abnormally larger sell volume in last downturn on the price of oil, followed by significantly lower volume on this rise. Bigger players have been taking their exits, be very cautious with any crude oil longs here..
I don't publish much anymore, but since a cycle is due, this is my play for this upcoming cycle.. 80% of my profits have been trading on sine & time cycle dates, using fibs levels and channels to predict and confirm directional change in trend. Using the cycle dates, which show dwn till June 22nd, up til 30th :dwn till July 10th. Will cover shorts on any channel...
Short between 52-52.25 with a stop at 53 for a target of 50
After taking a look at the daily and weekly charts for Crude Oil, I decided to take a small short position, risking 0.50% of my portfolio on it mainly because I am not familiar with crude oil, nor have I traded it before, so I want to tread lightly into uncharted waters. There isn't much of a long analysis on crude oil, this one is purely price action. It fell...
Been a while since updating, all looks good on Sine timeline.... Still on track for low on/about Jan20th. Purple is the wave short pattern. SineTC says price will be at significant low, and below the wave starting point at end of Timecycle. Depending on wave duration, most price drops are over 20% from staring point. The cycles are not the Red/Green visible...
Ok this is a quick summary of today's trade.. I will update today and over weekend and include Timecycle Chart which this trade is linked to.. This is my daily tracking chart. We added 20% Short @ 51.28 , will add more if we fail the trend again or collapses below 50.7x. Manuel stops about 53. Trade safe! Make money