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WTI Crude Oil Trading

  • #6,041
  • Jan 17, 2020 9:54am Jan 17, 2020 9:54am
Quoting detector
Short entry, 58.47
Target 57 but know this might be a little unrealistic for Fridays trading but stranger things... it might go the opposite way,D
I don't need to be good at the game, only good enough to beat my opponent,
  • #6,042
  • Jan 17, 2020 10:03am Jan 17, 2020 10:03am
Quoting detector
{quote} Target 57 but know this might be a little unrealistic for Fridays trading but stranger things... it might go the opposite way,D
Got one bit right.
I don't need to be good at the game, only good enough to beat my opponent,
  • #6,043
  • Jan 17, 2020 10:08am Jan 17, 2020 10:08am
Quoting detector
{quote} Target 57 but know this might be a little unrealistic for Fridays trading but stranger things... it might go the opposite way,D
If the price limps down from here, should expect min 57.50
I don't need to be good at the game, only good enough to beat my opponent,
  • #6,044
  • Jan 17, 2020 10:10am Jan 17, 2020 10:10am
united states baker hughes us oil rig count increased to 673 from previous 659
persistence and determination alone are omnipotent
  • #6,045
  • Jan 17, 2020 10:12am Jan 17, 2020 10:12am
Quoting detector
{quote} Target 57 but know this might be a little unrealistic for Fridays trading but stranger things... it might go the opposite way,D
probably would need a news event to get 57 today
  • #6,046
  • Jan 17, 2020 10:18am Jan 17, 2020 10:18am
Quoting Kwame Freder
{quote} probably would need a news event to get 57 today
130 points Kwame doable, if it carries
I don't need to be good at the game, only good enough to beat my opponent,
  • #6,047
  • Jan 17, 2020 10:20am Jan 17, 2020 10:20am
Another speculative entry 58.40
I don't need to be good at the game, only good enough to beat my opponent,
  • #6,048
  • Jan 17, 2020 10:28am Jan 17, 2020 10:28am
Quoting detector
Another speculative entry 58.40
another entry, last one, D
I don't need to be good at the game, only good enough to beat my opponent,
  • #6,049
  • Jan 17, 2020 10:31am Jan 17, 2020 10:31am
Could be wrong but price hit the outer boundaries on the 5 min with little volume/activity making a possible short close rather than buying, volume/activity further up the price, nevertheless, monitoring closely, no creating another Naz situation
I don't need to be good at the game, only good enough to beat my opponent,
  • #6,050
  • Jan 17, 2020 10:38am Jan 17, 2020 10:38am
Break 58,38(blue line) and ma 200 (red line) on M15 could accelerate things downhill
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 26 KB
persistence and determination alone are omnipotent
  • #6,051
  • Jan 17, 2020 10:46am Jan 17, 2020 10:46am
Quoting Ll1979
Break 58,38(blue line) and ma 200 (red line) on M15 could accelerate things downhill {image}
BH news gave it a jumpstart Li, flirting at the bottom with little volume !!!
I don't need to be good at the game, only good enough to beat my opponent,
  • #6,052
  • Jan 17, 2020 10:47am Jan 17, 2020 10:47am
probably a whole bunch of stops just below
  • #6,053
  • Jan 17, 2020 11:37am Jan 17, 2020 11:37am
Quoting detector
{quote} Auric, I'm short ATM 58.7, knowing your approach, you will be awarded the for profit, go get em tiger D
Much tnx for support altough this trade was not so fast and clean as I expected, so not 500:1 max at that entry for 100%/trade.. did come to 70%/trade max though, before it turned, exited without profit.. But overall that posted trade sell entry opportunity seems improving (just with lower leverage than expected), will get bigger picture in retrospect once market starts moving again. Waiting is atm. More details in cheetah thread, later also.
Can you afford to take that chance?
  • #6,054
  • Jan 17, 2020 11:49am Jan 17, 2020 11:49am
Quoting auricforecas
{quote} Much tnx for support altough this trade was not so fast and clean than I expected so not 500:1 max at that entry for 100%/trade.. did come to 70%/trade max before it turned, exited without profit.. But overall trade sell entry opportunity seems improving, will get bigger picture in retrospect once market starts moving again. Waiting is atm. More details in cheetah thread, later also.
Auric, presented with some awkward situations with WTI, sometimes a coin toss can bring us better results, market is playing a smart game and working the position for the benefit is trying us, cheers, D
I don't need to be good at the game, only good enough to beat my opponent,
  • #6,055
  • Jan 17, 2020 12:01pm Jan 17, 2020 12:01pm
Quoting detector
{quote} Auric, presented with some awkward situations with WTI, sometimes a coin toss can bring us better results, market is playing a smart game and working the position for the benefit is trying us, cheers, D
Totally agree. There might be something good about this but too soon to tell, remind me in few weeks if you want and I'll tell. You might also have a potential to up the game, more in few weeks/months, ask if you will feel like it. Atm still waiting is, actively
Can you afford to take that chance?
  • #6,056
  • Jan 17, 2020 12:22pm Jan 17, 2020 12:22pm
Closed shorts, wasn't happening, D
I don't need to be good at the game, only good enough to beat my opponent,
  • #6,057
  • Jan 17, 2020 12:32pm Jan 17, 2020 12:32pm
nothing was happening today, it pushed up against resistance this morning like it was going to break out then faked it like it was going down only to come to rest right in the middle, with traders probably trapped at the top and bottom going into the weekend
  • #6,058
  • Jan 17, 2020 2:56pm Jan 17, 2020 2:56pm
Still holding my long position over the weekend, kinda risky tho.
Wish you all a good weekend
  • #6,059
  • Jan 18, 2020 2:04am Jan 18, 2020 2:04am
target stays up up and away
Attached Image(s) (click to enlarge)
Click to Enlarge Name: OILH1.png Size: 33 KB
Click to Enlarge Name: OILD1.png Size: 30 KB
yes yes yes
  • #6,060
  • Jan 19, 2020 2:40pm Jan 19, 2020 2:40pm
I believe WTI will show it's colors this/next week and we shall see what's what and who is who, maybe We will find out (this/next week, I believe) if WTI was "faking it" or something more permanent coming... Many parameters to consider, the "juice" is if we "ponder" them correctly I still believe 1-2 main parameters drive it (do not ask me which at this point)... If I would "have to"... would still "bet" on SOUTH in short-term (1-2weeks).
Can you afford to take that chance?
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