United States Brent Oil Fund, LP ETV BNO

NAK1987 Premium Updated 

Arguably I missed an entry on the 2nd for this after getting stopped but it was actually intentionally done as I felt to uncertain as to the effect that the Fed rate change would have on this and wanted more evidence . Now I have it and I think it is a reasonable time to try again here . I decided that since my stop is far on this one, I would shoot for 1.5R...

NAK1987 Premium Updated 

Long on BNO yesterday . Range contraction looks good , volume contraction and that pop , consecutive green bars ... Entry - 30.75 Stop - 29.7 PT - 32.85 * Entered just before yesterdays close . Additional Risk is the FOMC meeting coming up next week , that will probably bring volatility to the markets , gap risk ect ect.

ShortSeller76 Updated 

Purchased April 14th $35 puts today. Looking for a pullback to $26 or lower.

tjohnson_34

Option oil trade for the next month. We're currently in this trend line. Personally, I'm looking for an exit at around $30 in the next month.

RedHotStocks Premium

Potential entry above $12.45 Target price $14.50

Mr-Salman

BNO

Mr-Salman

bno

McllroyCharlee Updated 

Hello All, I am watching the price of oil. Tensions around the world should rewrite & fight the long terms trends here. I like a buy and hold here. Undervalued and the daily movements look strong. Price is what you pay,

Tools

buy and forget

majed_333 Premium

by targeting $20.5

jameslasenby Pro

After making a Head and Shoulders bottom price has now formed a horizontal flag. Volatility has reached new lows as price has coiled into a squeeze at the key level of 15.85. I'm anticipating a resolution to the long side from the squeeze with the major trend. Immediate target @ 19.56 and LongTerm target of the 2015 highs @ 24.23

gregharmon Pro+

Bat (red) or Crab (orange)... both look good to me

gregharmon Pro+

perhaps the 127% or 138.2% extension?

gregharmon Pro+

with the weekly RSI at 14 and daily turning up might not be a bad place to take a stab long against this double bottom

geckler

WTI/Brent spread up to $11 today I had big short last year @ 24 Loooking for a move back down to $3 by the end of the year but expecting news of early take up of Keystone pipeline." The market has quickly accepted Libya output but failed to appreciate how delicate the situation there is the PM having just been kidnapped and works only back to work a month.