CLZ2016 - Trading Levels for 19th Oct 2016
Updated
With today's Crude Oil inventory report and tomorrow's roll-over, expect a higher level of volatility.
SHORT @ 52.10; Stop: 20 ticks, Target: 60 ticks.
LONG @ 50.05; Stop: 20 ticks, Target: 60 ticks.
SHORT @ 52.10; Stop: 20 ticks, Target: 60 ticks.
LONG @ 50.05; Stop: 20 ticks, Target: 60 ticks.
Note
SHORT was triggered at 52.10. AS the High for Dec2016 CL futures contract was 52.22 and Stop was set at 52.30, the trade produced a winner of 50-55 ticks!
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