CFDs on Crude Oil (WTI)Updated DESCENDING TRIANGLE WITHIN TRADING RANGE
Analysis on chart.
Use your sixth sense ^_^
Click like to be updated on developments. I hold a short from 47.22 on demo, and short on live account via EURCAD long. see chart here---
We had fun with the chart below, some 4months ago. The updates to this chart presents loads of real trade lessons, bar by bar. Great for my library
Use your sixth sense ^_^
Click like to be updated on developments. I hold a short from 47.22 on demo, and short on live account via EURCAD long. see chart here---
We had fun with the chart below, some 4months ago. The updates to this chart presents loads of real trade lessons, bar by bar. Great for my library
Note
OPEC set for no deal as Iran rejects Saudi oil output offerreuters.com/article/us-opec-meeting-saudi-idUSKCN11X0LL
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price reaction here, it matters! s3.amazonaws.com/tradingview/snapshots/8/8OOZmPNA.png
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47.10 Just be patient and dont fight the mkt ;) s3.amazonaws.com/tradingview/snapshots/o/OhHGbOtA.pngNote
Heads Up!!! USOIL UPDATE--- If you did this trade w/ me, I think that we got activated now. The #1 challeneg I have here is that, we did not walk into the entry order---we gapped into it. That means that we need to be a bit careful here. Otherwise, for now, revise your stops from 50.98 to 50.56Note
Investigating gapping..... s3.amazonaws.com/tradingview/snapshots/a/a5aME43a.pngNote
Well,Saxobank doesnt show gap....
Tradenavigator doesnt show gap......
IG doesnt show gap......
Tradingview/Investing.com doesnt show gap.......
I guess I hold short, and rel on stop
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CRUDE OIL TRADE UPDATE---- No loss. Very tiny gain. Thanks to good risk management practices. click on link for chart update. content.screencast.com/users/moorekapital/folders/Jing/media/4ecb3583-905a-46fb-ad7d-188330d138cb/2016-10-26_1645.pngNote
Now, if price fails to reach 51 in 6hours from now = I'll short again, at close price of 6th hour, w/ stops @ 51 Atm, I see price simply rally into a PSZ-- Potential Sell Zone. No crude oil trade yet
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Note
Doing a new chart for oil short---- Note
New chart done 
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.