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  • #361
  • Jan 22, 2014 10:57am Jan 22, 2014 10:57am
61.8% retracement puts it little under 97.1. That's prob a logical spot for a cute short in this monster if price action confirms.

Stops... i'll leave it up to you.

GL all
  • #362
  • Jan 22, 2014 11:03am Jan 22, 2014 11:03am
Quoting Orientxpress
61.8% retracement puts it little under 97.1. That's prob a logical spot for a cute short in this monster if price action confirms. Stops... i'll leave it up to you. GL all

agreed.but i have short oil for long term stop at 101 level and tp 86.5.
.1 lot sell.risking 25% capital for 50% gain.
  • #363
  • Jan 22, 2014 11:06am Jan 22, 2014 11:06am
Quoting Razi89
{quote} agreed.but i have short oil for long term stop at 101 level and tp 86.5. .1 lot sell.risking 25% capital for 50% gain.
Print Screen this msg. Paste & Crop it in Paint. Print it. Tape it next your computer.

Good luck Razi.

I will be looking to take a stab around 97.
  • #364
  • Jan 22, 2014 11:08am Jan 22, 2014 11:08am
Quoting Orientxpress
{quote} Print Screen this msg. Paste & Crop it in Paint. Print it. Tape it next your computer. Good luck Razi. I will be looking to take a stab around 97.
wish you happy trading.good luck to you
  • #365
  • Jan 22, 2014 11:21am Jan 22, 2014 11:21am
Quoting Razi89
{quote} thanks.but i dont know where oil could stop to move upside. i think before going further up there might be a pull back to 95.5 level atleast. brother what you think where go for short please?

I will wait to 97 (its 61 daily fibo) and see if it stop there ... wait to see the Barish back then I will start looking for short.
  • #366
  • Jan 22, 2014 11:31am Jan 22, 2014 11:31am
Oil gone crazy, may be middle east blocked oil export. lol
restless $5 up per barrel
You cannot learn better without losing
  • #367
  • Jan 22, 2014 8:34pm Jan 22, 2014 8:34pm
Quoting forexings
Oil gone crazy, may be middle east blocked oil export. lol restless $5 up per barrel
i personally think this was a very speculative trade from the big banks and funds which are fueled by oil exporting countries, every commodity including gold, silver, palladium has fallen to reasonable levels, everything has fallen except oil even when china is slowing down and production rises everywhere,
there should be some regulations for the oil market since like 70% of the current price is very speculative.
  • #368
  • Jan 22, 2014 11:03pm Jan 22, 2014 11:03pm
order to short brent at 108.1 sl 108.4 tp 105.6.
  • #369
  • Jan 22, 2014 11:55pm Jan 22, 2014 11:55pm
Quoting Razi89
order to short brent at 108.1 sl 108.4 tp 105.6.

short trigger
  • #370
  • Jan 23, 2014 6:42am Jan 23, 2014 6:42am
usoil short 97.00
50% tp 95.54
25% tp 94
25% tp 93.5
Wooooohooooo or Boooooohooooo
  • #371
  • Jan 23, 2014 6:43am Jan 23, 2014 6:43am
Quoting gnomoneey
usoil short 97.00 50% tp 95.54 25% tp 94 25% tp 93.5

sl sir plz?????????
  • #372
  • Jan 23, 2014 6:49am Jan 23, 2014 6:49am
Quoting gnomoneey
usoil short 97.00 50% tp 95.54 25% tp 94 25% tp 93.5
sure i agree with u bro, but we have inventory today will take positions after that, better to wait and then enter, 97.50 seems to be a good resistance and an area to take the short from with the sl of 98.65 and above, lets c, wont mind even if i miss the bus first, but will wait for inventory, weekly candle going pretty strong at the moment.
  • #373
  • Jan 23, 2014 6:58am Jan 23, 2014 6:58am
Quoting Razi89
{quote} sl sir plz?????????
no stop loss at moment
Wooooohooooo or Boooooohooooo
  • #374
  • Jan 23, 2014 8:25am Jan 23, 2014 8:25am
any views on brent oil??????????
  • #375
  • Jan 23, 2014 8:28am Jan 23, 2014 8:28am
Still lots of Bull power to go short ...
Attached Image (click to enlarge)
Click to Enlarge Name: USOIL.PNG Size: 25 KB
  • #376
  • Jan 23, 2014 8:30am Jan 23, 2014 8:30am
Quoting vaknineyal
Still lots of Bull power to go short ... {image}

so you did not short oil yet
  • #377
  • Jan 23, 2014 8:30am Jan 23, 2014 8:30am
Quoting Razi89
any views on brent oil??????????
What is it brent oil I don't even have in MT lists.
  • #378
  • Jan 23, 2014 8:33am Jan 23, 2014 8:33am
Quoting vaknineyal
{quote} What is it brent oil I don't even have in MT lists.

brother uk oil
  • #379
  • Jan 23, 2014 8:34am Jan 23, 2014 8:34am
Quoting Razi89
{quote} brother uk oil
10x
  • #380
  • Jan 23, 2014 8:38am Jan 23, 2014 8:38am
actually short from 108.1 sl 108.4 but not confident in this trade
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