US OIL LONGGood Morning another beautiful start to the trading week for the Barons!
Oil has followed my analysis perfectly from the call to 61.70 to drop all the way back down to 60.00. This was all covered in the market breakdown...I would like to see price closing back above 60.30 to provide us with more of a potential to push higher from here...It pays to be a baron! ;)
Come and follow the link down below!!
3 trades - 2 taken profit and 1 in profit!
Trade 1 - 70 pips.
Trade 2 - 50 pips.
Trade 3 - running 20 pips profit.
Usoilforecast
USOIL 4H TIMEFRAMEHello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied
US OIL MARKET BREAKDOWN Good Afternoon
OIL has closed on one of the most indecisive places it could have done...for those that watch my video breakdown knew I anticipated this movement. This is where trading becomes somewhat complicated but hang with me...OIL has closed above that magic 60.60 and above our 1hr trendline which in theory should give us a bullish movement but the trendline is not mature enough yet to aid this breakout bias. What we can see is a double top forming but within this there is a lot of doji candles forming on this spike compared to the first one. DOJI'S mean indecision in the market! right now its 50/50 so we need to wait for direction on Monday but looking at this I do not think the lower frame trendline will hold and we will now see a push up to the higher trendline.
US OIL MARKET BREAKDOWN (NO BULLS ALLOWED!)Hey guys...
Here is a mid week oil market breakdown, I hope you enjoy it! It was a hard video to get across because oil is up to one of it's many tricks!!! Ooooops I think you dropped something at the bottom of this ;).
MY TRADE :
Short from 61.14
SL - 61.56
TP - 56.00
INVALID if we break and close above 61.24!
Ooooops I think you dropped something at the bottom of this ;)
US OIL LONGSo if you haven't watched our breakdown video I recommend you do!
Theses are the two oil trades that I have lined up for this week. The long is very risky so I will be using a 2% risk for that trade. I am looking yo long from 60.60 where I aim to take profit at $64.32 and then go short!.
Every chance oil will continue to dump from this region but in reality it should pull back first!
US OIL MARKET BREAKDOWN Good Afternoon and Happy Sunday!
In this video we begin to peel back the price action and structure on oil and you can find our next trade! Want to keep up with us all the time?? follow the link below!!
We had some really kind messages about the oil short we provided...it means a lot to us that we can impact your trading in a positive way! THANK YOU!
US OIL SHORT UPDATEA perfect trade to add to our portfolio!
Well done to everyone that caught short! OIL bear market is now confirmed and we caught the drop perfectly, pull backs are due which you can see our set up here and at this point the FOMO from both sides should be out of the market! A video market breakdown will come either tonight or tomorrow...follow to stay tuned!
Want more??;) Look hard enough at the bottom of this idea and you'll at one with oil;)
USOIL BEARMARKET?So yesterday I stated OIL was at it's make or break zone...we had a push up from our second buy which we did manage to salvage some profits from before it came back down past our entry.
If OIL can close below the $64.50 region on the daily then the bears should now be in control...for those that saw the updated comment I put on the last video I stated that a break and test and close below $64.50 and we will take shorts, this is exactly what we have done and now we are in nice profit! Bears should begin to take over from here and we should see a nice decline towards $60 a region.
US OIL LONG UPDATEEverything that was mentioned in market breakdown volume #1 as come through to perfection...now running 97pips you could not ask for anymore on a Monday!
In this video I breakdown for price action we have seen and where I think price is going next...I hope you all enjoyed your profits!
OIL LONG is running in a great amount of pips but there is the potential for so much more! and this came with an extremely small risk and next to no draw down!
Get following this account for the BEST oil content!
OIL MARKET BREAKDOWNOIL MARKET BREAKDOWN VOL.1
Good evening everyone...I hope you all enjoyed the 800 pips provided because we certainly did. Here is my breakdown on oil...it's around 10 mins long but there are a few gems hidden throughout. This our new page from XHRISTIE and it's dedicated to EVERYTHING oil. FOLLOW us for great oil analysis and trade set ups!
I am bearish overall in OIL and it is well due a market crash!
Leave a comment or send us DM with what you think...we love your support and feedback.
US OIL LONGNEW ACCOUNT
All commodities from XHRISTIE will now be posted on this account. Most of the direct messages, follows and rep come from my oil trades so this will be my mine focus for you all. I will still be continuing FX and crypto on the XHRISTIE account.
On this account I will be doing the following :
-Providing my full analysis on oil rather than just the set up.
-Weekly market breakdowns of oil.
-Swing, scalp, interday and intraday trades.
-Trading psychology .
- 1 to 1 help with anyone that wants it.
So far on oil we have generated close to 700 pips in four days!!!
By using my extremely small risk to large reward strategy without risking more than 5% of the account per trade, I have grown the account by over 120%...This is huge! get following this account for pure dedicated oil analysis!
Oil is very parabolic and extremely bullish and it will continue to $71-$71.50...From this zone I believe we will see a huge reversal back down below $60. I will only look to scalp short positions until we hit that region, once this region is hit I will be taking a swing short.
WHY SHORT?
-No more TRUMP (was pro oil ).
-Biden is pro green (wants a fleet of electric cars for the white house).
-Huge over supply left over from covid-19.
-When the world resumes to some form or normality oil production will increase so the price will get pushed down.
-No significant pull backs since $34 so it is well over-due
US OIL LONGSo we caught an outrageous amount of pips on our oil short and we are now gathering serious momentum on our OIL long which was 4 pips away from SL!!. We are 600pips up on our trades combined.
Oil is very parabolic and extremely bullish and it will continue to $71-$71.50...From this zone I believe we will see a huge reversal back down below $60. I will only look to scalp short positions until we hit that region, once this region is hit I will be taking a swing short.
WHY SHORT?
-No more TRUMP (was pro oil).
-Biden is pro green (wants a fleet of electric cars for the white house).
-Huge over supply left over from covid-19.
-When the world resumes to some form or normality oil production will increase so the price will get pushed down.
-No significant pull backs since $34 so it is well over-due
USoil To reach the 70 ? Good Day traders !!
During this analysis we can see that we retraced to the 0.382 after the last daily impulse and we expect the price to go to the upside and reach the 70 before any major retracement.
We have a nice setup for almost a 1/4 RR and we expect the market to complete this target since the environment of the market is still super bullish.
Now if you enjoyed this analysis smash that like button and share. If you have a different opinion please leave a comment below as I would love to get more insights and ideas. I also linked my previous idea about this asset.
Trade safe !!!
CRUDE OIL/US OIL - INTRADAY LEVELS FOR MARCH 2-5
SHORT below 60.90
LONG above 61.25
Price may retest the trendline before falling down further.
Use appropriate risk-reward ratio.
Always use a stop loss.
P.S: This is NOT investment advice. This chart is meant for learning purposes only. This is my personal journal. Invest your capital at your own risk.