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WTI Crude Oil Trading

  • #6,181
  • Jan 24, 2020 6:22am Jan 24, 2020 6:22am
reentered @55,42
persistence and determination alone are omnipotent
  • #6,182
  • Jan 24, 2020 6:28am Jan 24, 2020 6:28am
Quoting Ll1979
reentered @55,42
banked a quick 10 ticks
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persistence and determination alone are omnipotent
  • #6,183
  • Jan 24, 2020 8:07am Jan 24, 2020 8:07am
Quoting Ll1979
{quote} quick scalp {image}
do you even make any money with 3 pips? what about brokerage commission and exchange fee?
  • #6,184
  • Jan 24, 2020 8:43am Jan 24, 2020 8:43am
Bears in control but just closed my short, it’s Friday don’t want to give anything back if it bounces
  • #6,185
  • Jan 24, 2020 9:04am Jan 24, 2020 9:04am
Quoting fool
{quote} do you even make any money with 3 pips? what about brokerage commission and exchange fee?
futures have a tight spread so 1 tick (round trip) minus exchange fees, commission etc etc= profit

3 ticks * 2 lots = $60 - (4*2.81= 11,24) = $48,76 net profit
persistence and determination alone are omnipotent
  • #6,186
  • Jan 24, 2020 10:11am Jan 24, 2020 10:11am
Quoting Ll1979
{quote} futures have a tight spread so 1 tick (round trip) minus exchange fees, commission etc etc= profit 3 ticks * 2 lots = $60 - (4*2.81= 11,24) = $48,76 net profit
damn that's good . i gotta get myself an account like that .
  • #6,187
  • Jan 24, 2020 10:27am Jan 24, 2020 10:27am
Possible bounce pointed out by Li, could be on the turn, D
I don't need to be good at the game, only good enough to beat my opponent,
  • #6,188
  • Jan 24, 2020 10:35am Jan 24, 2020 10:35am
Quoting fool
{quote} damn that's good . i gotta get myself an account like that .
It sound right but to maintain your risk reward levels you need a big account compared to trading CFDs
persistence and determination alone are omnipotent
  • #6,189
  • Jan 24, 2020 11:49am Jan 24, 2020 11:49am
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Move my stop
Make it Green
  • #6,190
  • Jan 24, 2020 11:59am Jan 24, 2020 11:59am
Quoting ChopinTrader
{image} Short term neutral, may want to revisit trendline. Long term bullish. Nice rounded bottom forming off of trendline. Upside back to 66
well, oil broke my trendline and support. May want to revisit 50. The next support below that i see as 42. Waiting to see if it goes to 50
  • #6,191
  • Jan 24, 2020 12:13pm Jan 24, 2020 12:13pm
united states baker hughes us oil rig count rose from previous 673 to 676
persistence and determination alone are omnipotent
  • #6,192
  • Jan 24, 2020 12:28pm Jan 24, 2020 12:28pm
42 soon
Confucius: the man who broke the mountain was the same man who started ...
  • #6,193
  • Jan 24, 2020 1:32pm Jan 24, 2020 1:32pm
a bit of support here. expecting a pullback early next week. will be cautious taking any shorts next week as we could be near the bottom, bias is bearish for now
  • #6,194
  • Edited 6:05pm Jan 24, 2020 2:30pm | Edited 6:05pm
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
Quoting auricforecas
{quote} 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
Quoting auricforecas
{quote} {quote} Getting closer to that conclusion, although not confirmed... As you can see (maybe) in retrospect, we were SPOT on.. but were temporary paused due to (un)known BUMP/counter... but so far, in most of the times, if not every time... those anomalies are then heavily paid for/off You see how it went exactly where we wanted, just with some delay... so as far as PRICE PREDICTION happens within a reasonable time... You get the rest... But nothing conclusive as of yet, just saying... I take my predictions seriously and I follow up...
Quoting auricforecas
{quote} {quote} {quote} Seems much more clearer what it was going on, maybe... It should go DOWN (south) on 17th.. but something... was pushing it up.. and MOST of the time in this scenarios, for the past 10years that I have been trading/observing.. it meant heavy penalty afterwards... As you can see... (one of the explanation only of course, but the one that still sticks in my book) it went maybe FAKE up.. but then it lost the steam and it dropped so much now, due to previously being maintained on the wrong basis... That might be true... Will know...
You see, picture is much clearer now than a week ago when we almost lost hope temp The market was pushing up and now paid the price... I mean it fall heavily (relatively) this week... 2500%/trade was possible on the signal... We have timestamped post in the cheetah thread (with all previous quotes back to original timestamped post/signal just before the EPIC FALL, very clean trade and epic potential, still tracking and is already 2600%+/trade potential).

So there you have it, picture much different a week later, much more optimistic... Hope it sticks that way.. Ask me in a 2-3weeks if you want... I suspect why it didn't "work" or go a week ago and did now... Have 2-3 estimated direction already, have posted in my posts... and we shall see if it happens... then we might be onto something.. otherwise, you know.. might be (just) luck To be continued, if all goes well....
Can you afford to take that chance?
  • #6,195
  • Jan 25, 2020 3:32am Jan 25, 2020 3:32am
oil loves the 61.8 retracement
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oil didn't broke the privius high
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yes yes yes
  • #6,196
  • Jan 25, 2020 9:27am Jan 25, 2020 9:27am
Still waiting for a buy signal .
  • #6,197
  • Jan 26, 2020 6:30pm Jan 26, 2020 6:30pm
Quoting mga35
Still waiting for a buy signal .
here
oil love closing gaps
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yes yes yes
  • #6,198
  • Jan 27, 2020 12:56am Jan 27, 2020 12:56am
Quoting mga35
Still waiting for a buy signal .
Since the breakdown and crossover at point A, have been waiting on a retest of my entry line to go in short, any retest of price towards/at point (b) i will be looking to short....


Have taken a long term buy setup as per the daily chart, looking to use the previous right shoulder level of the inverse HnS as the original target wasnt reached as such looking to retest the validity of that setup, the lower time frame also showing a possible relief rally to the top so lets see, will look to trail and lock in some profits as and when trade moves into some profit
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4&1 All Time Profit: $37,496
  • #6,199
  • Jan 27, 2020 2:26am Jan 27, 2020 2:26am
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yes yes yes
  • #6,200
  • Jan 27, 2020 3:33am Jan 27, 2020 3:33am
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yes yes yes
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