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WTI Crude Oil Trading

  • #1,761
  • Jun 3, 2019 9:53am Jun 3, 2019 9:53am
Closed firs initial position +ve, higher position sitting better, D
EDIT
will try and let it run bringing stop to BE at the first opportunity,

Defining moment on the DOW 1min chart ether close or hold,, WTI staying put!!! D
EDIT
Indicators favouring hold
EDIT
Turning on the 1min
I don't need to be good at the game, only good enough to beat my opponent,
  • #1,762
  • Edited 11:30am Jun 3, 2019 10:15am | Edited 11:30am
Opened short NQ 7081.5, small position.

While typing this note, price plunged!

edit
then price surged & took out my stop for modest loss.

edit
Stop was too close. Could have picked up >80 points otherwise. Read it correctly, played it wrong with close stop.
  • #1,763
  • Jun 3, 2019 10:19am Jun 3, 2019 10:19am
Quoting timingchain
Opened short NQ 7081.5, small position. While typing this note, price plunged!
Take it you hit it right TC, D
EDIT
You got in to ride the drop, TC,
my message seemed a little cryptic, D
I don't need to be good at the game, only good enough to beat my opponent,
  • #1,764
  • Jun 3, 2019 10:23am Jun 3, 2019 10:23am
Daily + Weekly



Attached Image (click to enlarge)
Click to Enlarge Name: _WTIDaily.png Size: 75 KB


Attached Image (click to enlarge)
Click to Enlarge Name: _WTIWeekly.png Size: 78 KB
KISS&V :Keep it simple safe & visual
  • #1,765
  • Jun 3, 2019 10:27am Jun 3, 2019 10:27am
Quoting detector
{quote} Take it you hit it right TC, D EDIT You got in to ride the drop, TC, my message seemed a little cryptic, D
It's possible to be both right and wrong in a matter of minutes.
  • #1,766
  • Jun 3, 2019 10:30am Jun 3, 2019 10:30am
Quoting timingchain
{quote} It's possible to be both right and wrong in a matter of minutes.
Yeah, finding the Dow especially, the swings are enough to throw you off, D
EDIT
Back here again with indicators mixed, D
I don't need to be good at the game, only good enough to beat my opponent,
  • #1,767
  • Jun 3, 2019 10:42am Jun 3, 2019 10:42am
Dow seeing res on Li's 89ma on the 1min
EDIT
Switched to the 5min and rejection on indicators pointing down towards the Li's 89ma changing on a dime though, if it closes below we may have continuation

Quoting Sohocool
Daily + Weekly {image} {image}
Sohocool, whats your projection for price, D
I don't need to be good at the game, only good enough to beat my opponent,
  • #1,768
  • Jun 3, 2019 10:58am Jun 3, 2019 10:58am
WTI seeing rejection on the 1hr, any comments? D
I don't need to be good at the game, only good enough to beat my opponent,
  • #1,769
  • Jun 3, 2019 11:03am Jun 3, 2019 11:03am
Closed out both trades, WTI 53.48 and Dow 24832
I don't need to be good at the game, only good enough to beat my opponent,
  • #1,770
  • Jun 3, 2019 11:06am Jun 3, 2019 11:06am
Too early the Dow I know, but enough profit to make a difference, going to take a break, will look in, good chess everyone, see you all soon, D
I don't need to be good at the game, only good enough to beat my opponent,
  • #1,771
  • Jun 3, 2019 11:08am Jun 3, 2019 11:08am
Quoting detector
WTI seeing rejection on the 1hr, any comments? D
Hi detector

in Daily = Bearish

in Hourly = Weak bearish

in 5M = Bearish

First possible target 52 .00 ?

Attached Image (click to enlarge)
Click to Enlarge Name: _WTIM5.png Size: 70 KB


Attached Image (click to enlarge)
Click to Enlarge Name: _WTIH1.png Size: 62 KB
KISS&V :Keep it simple safe & visual
  • #1,772
  • Jun 3, 2019 12:14pm Jun 3, 2019 12:14pm
Quoting timingchain
Opened short NQ 7081.5, small position. While typing this note, price plunged! edit then price surged & took out my stop for modest loss. edit Stop was too close. Could have picked up >80 points otherwise. Read it correctly, played it wrong with close stop.
To bad Timingchain you'll catch the next one. I see you trading so your recovery is progressing well
persistence and determination alone are omnipotent
  • #1,773
  • Jun 3, 2019 12:39pm Jun 3, 2019 12:39pm
DOW is choppy like hell what a spike
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 15 KB
persistence and determination alone are omnipotent
  • #1,774
  • Jun 3, 2019 1:08pm Jun 3, 2019 1:08pm
Hi, Do you guys only focus on WTI or BRENT CRUDE OIL aswell?
You Only See What They want You to See.
  • #1,775
  • Jun 3, 2019 1:11pm Jun 3, 2019 1:11pm
Quoting timingchain
Opened short NQ 7081.5, small position. While typing this note, price plunged! edit then price surged & took out my stop for modest loss. edit Stop was too close. Could have picked up >80 points otherwise. Read it correctly, played it wrong with close stop.
Oh sorry TC, thought you took the short then it plunged giving you a fast profit, it's typical, the EU has just done the same, small enough to stay in though, my sincere,D
Good point Li' you must be on the mend TC, dipping you toe back in, great to see,
pitty the board is a bit of dis-array,
I don't need to be good at the game, only good enough to beat my opponent,
  • #1,776
  • Jun 3, 2019 1:15pm Jun 3, 2019 1:15pm
back in short on the DOW (punt)
24854
EDIT
Target
24670
I don't need to be good at the game, only good enough to beat my opponent,
  • #1,777
  • Jun 3, 2019 1:18pm Jun 3, 2019 1:18pm
Quoting Tsidibangste
Hi, Do you guys only focus on WTI or BRENT CRUDE OIL aswell?
Mostly on WTI same logic applies to Brent (price moves almost the same). WTI only trades at a discount.

Feel free to post or ask anything on Brent on this thread. Just join the club
persistence and determination alone are omnipotent
  • #1,778
  • Jun 3, 2019 1:30pm Jun 3, 2019 1:30pm
Wonder if Mr T had anything to do with the spike or the threat of possible cuts in the interest rates, D
I don't need to be good at the game, only good enough to beat my opponent,
  • #1,779
  • Jun 3, 2019 1:42pm Jun 3, 2019 1:42pm
Quoting detector
back in short on the DOW (punt) 24854 EDIT Target 24670
it's looking good champ! lock some profits those u-turns might still be around the corner.
persistence and determination alone are omnipotent
  • #1,780
  • Jun 3, 2019 1:50pm Jun 3, 2019 1:50pm
Quoting Ll1979
{quote} it's looking good champ! lock some profits those u-turns might still be around the corner.
Thanks Li, been using your 89 as a guide, simple yet so effective D
EDIT,
past the 5, now moved to the 15, would you recommend all frames for seeing it down or just the 5 ?, D
I don't need to be good at the game, only good enough to beat my opponent,
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