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WTI Crude Oil Trading

  • #11,361
  • Feb 8, 2024 4:10am Feb 8, 2024 4:10am
the battle over 74.06 continues

72.46 seems like a better take profit
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  • #11,362
  • Feb 8, 2024 6:10am Feb 8, 2024 6:10am
200 ema from the high now resistance 74.61
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  • #11,363
  • Feb 8, 2024 6:40am Feb 8, 2024 6:40am
Both the 240 min and the 120 min 200ema are in about the same place

still hanging on to my shorts

i'm not sure about the last time i saw wti act this orderly
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  • #11,364
  • Feb 8, 2024 9:07am Feb 8, 2024 9:07am
reduce 1/2 75.43
  • #11,365
  • Feb 8, 2024 9:39am Feb 8, 2024 9:39am
Quoting FT.Trader
reduce 1/2 75.43
out. 75.54
  • #11,366
  • Feb 8, 2024 11:53am Feb 8, 2024 11:53am
Out of all Oil longs .... missed the top by 16cents if it is the top Will be looking to short tomorrow with CAD News
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  • #11,367
  • Feb 8, 2024 1:08pm Feb 8, 2024 1:08pm
Quoting _BBKing_
seems to me it's not really willing to get down. I was long. got stopped @be now I wait, kind of a "rotation market" in many instruments today (cable, Uj, EU) took the opportunity to setup my charts. for what I personally see, if doesn't get down in lower 73 (at least) will probably keep rising to the red area, where we had that cruel down move from 76. 74.50 is upper box, not simple to breake it with this inventories release IMO {image}
gone hyperbolic
not simple move
took me out in the morning I was not there and got my stop@be just to revere the fuck up exacftly @my stop.
i reloaded long 20x size when broke the 74.50
still running but scaled it out along the way.

will close it while at end of day no matter what

EDIT well, I already cashed a shitload more than if the original position would still be in and price 300pips higher than this 76. Could even think about let it run during Asia
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  • #11,368
  • Feb 8, 2024 1:15pm Feb 8, 2024 1:15pm
Quoting _BBKing_
{quote} gone hyperbolic not simple move took me out in the morning I was not there and got my stop@be just to revere the fuck up exacftly @my stop. i reloaded long 20x size when broke the 74.50 still running but scaled it out along the way. will close it while at end of day no matter what,
Try to practice Liquidity levels, makes things a whole lot easier. And always mark the previous days close, it provides many easy gifts.... PS, donig zoom on Sunday at 5pm and dropping link in Aussies thread if you wanna join and i will show you what i mean with daily candles
  • #11,369
  • Feb 8, 2024 1:17pm Feb 8, 2024 1:17pm
Quoting Jolita
Looking for $74.40, many EMA's around, bought from $72.32
Still holding on
  • #11,370
  • Feb 8, 2024 1:22pm Feb 8, 2024 1:22pm
Quoting T721
{quote} Try to practice Liquidity levels, makes things a whole lot easier. And always mark the previous days close, it provides many easy gifts.... PS, donig zoom on Sunday at 5pm and dropping link in Aussies thread if you wanna join and i will show you what i mean with daily candles
I read levels via volume profile
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  • #11,371
  • Feb 8, 2024 1:24pm Feb 8, 2024 1:24pm
Quoting Jolita
{quote} Still holding on
  • #11,372
  • Feb 8, 2024 1:34pm Feb 8, 2024 1:34pm
Quoting vidvad
{quote} I think there is a decent chance CL goes at least as low as $71.23: {image}
Hi Vivad, only just seen your reply ----- nice call
  • #11,373
  • Feb 8, 2024 2:06pm Feb 8, 2024 2:06pm
Quoting T721
Out of all Oil longs .... missed the top by 16cents if it is the top Will be looking to short tomorrow with CAD News {image}
as for what I know, it’s oil affecting CAD
not the opposite
90% of traders use TA, indicators and prediction
  • #11,374
  • Feb 8, 2024 6:50pm Feb 8, 2024 6:50pm
Harmonic patterns triggered on the hourly Type 1

Sell us oil Tp 74.54
  • #11,375
  • Feb 9, 2024 12:42am Feb 9, 2024 12:42am
Quoting Jolita
{quote} Still holding on
where are you targeting?
I set mine @78.20
200pips higher , nothing for oil but lots of resistance in this 76/77 area….

I already cashed out most position btw
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  • #11,376
  • Feb 9, 2024 4:45am Feb 9, 2024 4:45am
Cashed out most of position @74.30 and 76.40

i let a small one running to the target.
anythingabove the 74.60 is extra profits
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  • #11,377
  • Feb 9, 2024 1:32pm Feb 9, 2024 1:32pm
Quoting _BBKing_
{quote} where are you targeting? I set mine @78.20 200pips higher , nothing for oil but lots of resistance in this 76/77 area…. I already cashed out most position btw
Yes, same 78-79, open ATM
Bullish flag
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  • #11,378
  • Feb 9, 2024 1:53pm Feb 9, 2024 1:53pm
Quoting Jolita
{quote} Yes, same 78-79, open ATM Bullish flag {image}
I just closed it whole @76.70
average exit @76

i really don’t like leaving trades over the weekend.
need a fresh mind when new week starts
Anyway had just a 3$ x pip left running, so would not make the difference
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  • #11,379
  • Feb 10, 2024 9:47pm Feb 10, 2024 9:47pm
Quoting _BBKing_
{quote} I just closed it whole @76.70 average exit @76 i really don’t like leaving trades over the weekend. need a fresh mind when new week starts Anyway had just a 3$ x pip left running, so would not make the difference
i have 3 sell averaging position.. in bulish trend
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  • #11,380
  • Feb 11, 2024 12:27am Feb 11, 2024 12:27am
Quoting greenblue
{quote} i have 3 sell averaging position.. in bulish trend
price reached resistance area so anything can happen
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