Oil(wti)
cl, oil, day trading for Mar 13th 2020Today we are in a very big consolidation, and inside that have to be thinking back and forth so as oil moves up to red zone and or the first blue target I will be looking to short oil, this can be a day trade or a longer time hold, however much over first upper blue target the bear maybe dead and oil could take off so play safe if a swing trade. and always when a day trade.
Also in the event a move down to red bottom will attempt a scalp back to red high.
USOIL, Possible Buy entry!I show you at the chart the place where the price can bounce and give to us a buy entry.
It will be better to wait for a false breakout and H1 candle should close above the level.
But if the candle will close below we shouldn't open a position.
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cl, oil, day trading for Mar 11th 2020Oil did what i mentioned yesterday and chopped inside a small range, now that range has expanded and looks like will still be choppy. Choppy until some real news is my thinking. when it break a few fast points will come in on either side of the balancing zone.
So today will look for longs near red bottom and shorts near red top.
OIL, accurate buy idea In this video, u will learn where u can open accurate entry OIL .
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OIL - the commodity they are killing for...If the oil would drop through the blue line, I start to believe that 10 dollars per barrel is coming next.Fractals in oil. What would happen in the world to send oil to 10 dollars? ..the commodity controlled by three men only... Black gold. :) Anyway, not looking good for oil... Do not take it too seriously, but consider it. Have fun, trade with smile folks.
oil, cl, day trading for Mar 9th 2020WOW, it finally hits and take us to completely new levels not seen in years. and look like a retest of that low from way back then.
As always just follow the reaction around the red zone, and see if the impulses can guild you and not react emotionally to this drop. pretend it did not happen and react to what the market brings.
oil, cl, day trading for Mar 4th 2020Today not even going to talk direction or targets, we are inside the red zone consolidation until we are not, and when we are not that is very important information. So i will be looking for trades using the sloshing of the market until one end of the tub over flows.
wti, oil, cl, day trading for Mar 3rd 2020Well oil has bounced up some and needs to show us it wants to go higher before getting long today. The range for the day is plenty large enough for good R/R trading from the red highs and lows, but watch for impulsive action near these levels. My gut ( for what it is worth) says oil will move higher , but always be ready for the down side test as it looks for those long term buyers.
cl, oil, day trading for Feb 28th 2020Today will tell a interesting oil tale on where oil wants to go, so will be watch the red zone for my first clues. Has been a wild week and we could stall for a chop today but be ready to respond to a big reaction.
We are still under the short line from yesterday so still leaning short.