WTI Crude Oil Trading

chinese gdp / industrial production numbers came in + yest brent breached prev day high and held 64.60 pivot + 200d sma @ 64.10. good chances of a bounce today. lets see.

17 January 2020



Still holding short, waiting to see what price does when it reaches that 59.35 level now as previously mentioned will only stop shorting once we begin getting hourly closes above it.....

entered long

dear sir what will be our tp? and tell also sl

not much action today bit of ranging conditions id you ask me
We need to break 58,80 area for further upwards potential.

Personally not going to swing trade it just keep an eye and stay diversified. Fairly bullish although not as bullish as others. But thats not to be said that there arent plenty of gains to be made trading it. But gl everyone, just monitoring longs for now

I'm curious to see COT Report tonight, but for now still short

Even though technically it looks like a bounce, i won't play it and still look for short trades

Entered long @58.45 XD

lol. this should be interesting

its down

Volume spike so it could come fast MG, chart is mixed for me, still hold a down bias but short term has the potential, only thing I would watch is a spike up then continuation, caution, trade well, D

Friday shenanigans in full effect. Resistance holding but does not want to go back down

I mean honestly take it or leave it if you arent comfortable being in a long from mid 50s WTI then what are you comfortable with given the market

If you need liquid for active trading go ahead but for good longs, a 5x.xx is a pretty oversold wti respectively. I mean dont go max leverage and keep your SL up but cmon

Also not sure why I quoted you I wasnt even talking directly to you, I know we're both bullish on this lol

yesterdays move wasn't a bullish breakout, was more like a move to the other side of the range. still sideways in accumulation phase.

Short entry, 58.47