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WTI Crude Oil Trading

  • #4,361
  • Oct 9, 2019 8:59pm Oct 9, 2019 8:59pm
Bears have accumulated heavily in the last 20 hours....i don't want to be a bull next 24 hours...the bear market is going to explode...all the rallies were shorted ,in any single instrument...except for GOLD who will shine
  • #4,362
  • Edited 12:56am Oct 10, 2019 12:25am | Edited 12:56am
Quoting auricforecas
{quote} Some There is 8 slot limit to post in the profile.. I do not trade all of them all the time... I have one TE that is not public atm... I am in a short position for almost a week (traded in parallel also, in same TE) now and have TP set at 51.70...
Ok, TP hit, now I see there was a good downspike overnight that I underharvested this time, but happy I'm out of the trade that has been torturing me for a week due to lag/stall You can see it in the (WTI) TE in my profile...
Can you afford to take that chance?
  • #4,363
  • Oct 10, 2019 12:39am Oct 10, 2019 12:39am
Another big rejection from 53.70, I think a break of 52.60 would set up another crack at it

Sub yesterdays pivot 52.50 to change view.

Still bullish

Edit ..sub 52.50 to rethink
All charts/ideas based on UK time zone
  • #4,364
  • Oct 10, 2019 2:30am Oct 10, 2019 2:30am
Bulls dominated for exactly 1337 minutes ,on Asian we (the Bears) had the first bear push and now everything is turning bearish hopefully for the same amount (minutes)Who laugh about Bears power yesterday , just hold your seats and enjoy the show.
  • #4,365
  • Oct 10, 2019 2:34am Oct 10, 2019 2:34am
Quoting C8H18
FWIW They start shutting rigs down at around the $50 mark. May I jump on the bandwagon to $50 and back up!?
See this post rig counts already keep declining for several weeks but production keep increasing.
My guess -> new technology

https://www.energyexch.com/showthrea...0#post12550020
persistence and determination alone are omnipotent
  • #4,366
  • Oct 10, 2019 2:34am Oct 10, 2019 2:34am
Inserted Video
persistence and determination alone are omnipotent
  • #4,367
  • Oct 10, 2019 2:44am Oct 10, 2019 2:44am
Quoting RobyTurboSS
Bulls dominated for exactly 1337 minutes ,on Asian we (the Bears) had the first bear push and now everything is turning bearish hopefully for the same amount (minutes)Who laugh about Bears power yesterday , just hold your seats and enjoy the show.
I don't think anyone was laughing yesterday
All charts/ideas based on UK time zone
  • #4,368
  • Oct 10, 2019 2:45am Oct 10, 2019 2:45am
Quoting auricforecas
{quote} Ok, TP hit, now I see there was a good downspike overnight that I underharvested this time, but happy I'm out of the trade that has been torturing me for a week due to lag/stall You can see it in the (WTI) TE in my profile...
Glad for you but you'll miss the show...
  • #4,369
  • Oct 10, 2019 2:46am Oct 10, 2019 2:46am
Quoting sponge
{quote} I don't think anyone was laughing yesterday
Many placed me on their ignore list yesterday...so i bet they all on the other side of the trade now...TRAPEDDDDD ...today they'll fill THE REAL BEAR torture power.In 24 hours we'll buy their long contracts at 50.00. Am short at @53.5 + @53.0 [email protected] + @52.0 TP @50.0 or close to it
  • #4,370
  • Oct 10, 2019 3:11am Oct 10, 2019 3:11am
Attached Image


out @ 52,39
persistence and determination alone are omnipotent
  • #4,371
  • Oct 10, 2019 3:14am Oct 10, 2019 3:14am
Quoting RobyTurboSS
{quote} Many placed me on their ignore list yesterday...so i bet they all on the other side of the trade now...TRAPEDDDDD ...today they'll fill THE REAL BEAR torture power.In 24 hours we'll buy their long contracts at 50.00. Am short at @53.5 + @53.0 [email protected] + @52.0 TP @50.0 or close to it
Rt understand your enthusiasm but please choose better words, we’re not against each other here only the system.
I don't need to be good at the game, only good enough to beat my opponent,
  • #4,372
  • Oct 10, 2019 3:17am Oct 10, 2019 3:17am
I think a move back over 52.40 is bullish, still think 52.60 to go long

Longer term charts looking quite bearish at the moment so I think the bull will need a swift revesal.

My 2p

Good luck
All charts/ideas based on UK time zone
  • #4,373
  • Edited 3:59am Oct 10, 2019 3:21am | Edited 3:59am
Quoting detector
{quote} Rt understand your enthusiasm but please choose better words, we’re not against each other here only the system.
Not exactly.. and am not enthusiast at all ... when you trade against people they became haters and i transform in The Stop Loss Collector There is no value for me here ...i bring value here.Time will tell.
  • #4,374
  • Oct 10, 2019 3:38am Oct 10, 2019 3:38am
Quoting sponge
I think a move back over 52.40 is bullish, still think 52.60 to go long Longer term charts looking quite bearish at the moment so I think the bull will need a swift revesal. My 2p Good luck
Now you have your long entry ,it's @52.70... Good luck to you.
  • #4,375
  • Oct 10, 2019 4:46am Oct 10, 2019 4:46am
Quoting RobyTurboSS
{quote} Not exactly.. and am not enthusiast at all ... when you trade against people they became haters and i transform in The Stop Loss Collector There is no value for me here ...i bring value here.Time will tell.
Ok
I don't need to be good at the game, only good enough to beat my opponent,
  • #4,376
  • Oct 10, 2019 6:10am Oct 10, 2019 6:10am
[quote = RobyTurboSS; 12551816] {quote} Not exactly.. and am not enthusiast at all ... when you trade against people they became haters and i transform in The Stop Loss Collector There is no value for me here ...i bring value here.Time will tell.[/ quote]

Using stop losses that are too tight with Price Action is a way of having consistent losses.
.
  • #4,377
  • Oct 10, 2019 7:11am Oct 10, 2019 7:11am
Quoting sponge
I think a move back over 52.40 is bullish, still think 52.60 to go long Longer term charts looking quite bearish at the moment so I think the bull will need a swift revesal. My 2p Good luck
We got the reversal

I got wrong footed this morning but playing catch up paid out a few pips

Out for now 53 res

I hope to get back in
Attached Image
All charts/ideas based on UK time zone
  • #4,378
  • Oct 10, 2019 7:35am Oct 10, 2019 7:35am
Quoting sponge
{quote} We got the reversal I got wrong footed this morning but playing catch up paid out a few pips Out for now 53 res I hope to get back in {image}
Nice one sponge can u give me a target, still long and away from my system, cheers D
I don't need to be good at the game, only good enough to beat my opponent,
  • #4,379
  • Oct 10, 2019 7:40am Oct 10, 2019 7:40am
Quoting detector
{quote} Nice one sponge can u give me a target, still long and away from my system, cheers D
Wel I'm thinking 53.70 is a good bet above 53 but nout set in concrete

54.48 also poss
All charts/ideas based on UK time zone
  • #4,380
  • Oct 10, 2019 8:00am Oct 10, 2019 8:00am
Attached Image (click to enlarge)
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persistence and determination alone are omnipotent
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