Bankster

Bankster Updated 

higher lows in trend channel, PA indicates near term bottom, long active

Bankster Updated 

confluence zone ~6.46 if we get there will watch PA for long opportunity

Bankster Updated 

Long WTI 20.3 NO SL! TP above 33! I will buy oil every 5$ drop untill ZER0! Make sure even when oil price goto ZER0, you don't get margin called, as retail you win by not playing "their" games, unless the big boys let oil go negative, this is a money printing position!

Bankster Updated 

nice risk/reward for shorts from this level

Bankster Updated 

nice Risk/Reward ratio

Bankster Updated 

SL: 7.02 TP: 2R don't overanalyze, Trading is not about Analyze, be a Trader, not a Predicter

Bankster Updated 

0.618 Fibo from Nov. 2016 low to 2017 high 200 daily MA channel bottom SL: up to YOUR MM TP: 50 daily MA, at least 2R

Bankster Updated 

If we close the week with something like a gravestone doji, 10800 is the minimum target

Bankster Updated 

Wave, RSI divergence and fibo level short 2292 SL 2321 TP 2040

Bankster Updated 

SL and TP in chart

Bankster Updated 

volume + RSI + PA + macro data, everything confirms the sell off, strong short, SL over daily R1 10937 TP1 daily S2 @9780 TP2 9450 TP3 8800

Bankster Updated 

Price got rejected at triple confluence area (monthly pivot R2, 76.4% retrace from AllTimeHigh to August low 2015 and trend channel), I will now use scale-in entry to build up short, start with 1/5 regular position size @17500 and will add 1/5 every 200pt if price goes higher. Minimum target 100DMA and later 16000, SL 18037 Also keep watching for RSI divergence...

Bankster Updated 

SL 8600 since it is aggressive counter trend, I will quickly take partial profit after 1R is reached and tighten SL to BE

Bankster Updated 

I don't know whether the bottom will hold, but that doesn’t matter because I know my risk. There is no guru way in trading, he only thing all the successful traders have in common is there winner are far bigger than their loser over a large series of trades.

Bankster

SL 1247.5 TP1 1R exit half, SL to BE ... TP 2 ... let run

Bankster Updated 

Enter@6880, Target 50/100 DMA SL few pips below recent low

Bankster Updated 

1.272 Fibo and AB=CD finished, possible reversal from here If 1.4270 not hold target 1.45xx highly likely Since it's an aggressive trend fading trade, only 1/4 regular position and move SL to BE as soon as the price has moved to 1R profit