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Usoilsell

USOIL- SELL +++Got stop-out at $ 93 and minor discomfort since the short was average $ 91.25. Looking at the chart and also the condition of market, and yes, am aware of reports etc and we all are no doubt, the hype is BUY BUY and BUY.. but the question is in how far is market LONG. On a historical note, OIL can move drastically and as we all remember, we were even in negative terrain as well. So, for now, am RE-SELLING $ 93.75-94.25 again (very small as a note as I always do with more volatile instruments), and SELL agan $ 95.50, $ 97.00 (increase more, i.e. heavier weighing). No stop-loss and profit order at $ 77-78 as before.
TVC:USOILShort
by peterbokma
1
USOIL-SELL strategyI am moving the stop-loss higher, as I am not very worried about the slight move upwards. The reasons are understandable, and as long we got the Ukrain crisis, OIL will be bid up. However, considering the conditions of the market, market is LONG already and is looking for further unlucky LATE BUYERS. For now, I feel we SELL CURRENT $ 88-90 and keep stop-loss at least $ 95 or higher. We may even move it higher later, as I prefer to add small increments on strength. It is very likely to see a return level of $ 72-74 again and that is also our profit objective for now.
TVC:USOILShort
by peterbokma
4
Daily Crab Complete 🦀USOIL - Deep Crab Complete landing in a strong supply zone pushing price down and breaking the HTF momentum line (I was waiting for this break because price has been pushing up for a while) Great confluences here for a sell! (LTF and HTF) Let me know your thoughts! * Disclaimer ** These ideas I never trade until the end target with my initial lots, I focused on high probable entries with higher lots and use a specific partial taking strategy giving me a very high win rate and take most of my profits very early, I only leave a small % of my capital to run the entire trade. On the flip side im constantly monitoring LTF momentum and will close early if things change, these analysis's are for research purposes only.
TVC:USOILShort
by ProFxAI
2
USOIL- SELL strategyStop-loss was executed sligtly above 87.00, and I have re-instated the short once again. I am not convinced the run up can continue too far (one never knows for sure of course). The daily-chart RSI is above 73.0 and the stochastic is in the higher range and showing turning. I feel overall I am happy being short, but will place the stop-loss little further away. The strategy is sell current $ 86.50-87.00 and place stop-loss $ 90.00. The profit objective still $ 73-74 I feel. we can recover the small loss. Just bear in mind low leverage always, which is the key to successful managing the funds we have under our belt.
TVC:USOILShort
by peterbokma
4
USOIL - 2 Short ScenariosPlanning to take a short position if price should move either way: Scenario 1 (Green Arrow): 1. Price keeps moving up and breaks blue area 2. Breakdown under blue area 3. Short on retest of blue area Target: A big S/R level + depending on the next moves could be around 50% fib level Stop- Loss: Above blue area Scenario 2 (Orange Arrow): 1. Price doenst break blue area 2. Breakdown and formation of lower swings 3. Reclaim of green line (former Resistance level) 4. Short on retest of green line Target: A big S/R level + depending on the next moves could be around 50% fib level Stop- Loss: Last recent Swing High //////////// My General rules and approach regarding trading: - I mark levels that i find interesting and set up requirements what price needs to do at these levels so i feel comfortable to take the trade - What price does till its reaches my levels doenst matter to me, even if it takes days, weeks or even months or never at all (Alarms are set and thats it) - For my entries i often use Strategies on smaller time frames and to increase my chances and profitability (Breaks in LTF-MS, HS etc.) Dont forget: - Watch your Risk management - DYOR (Do-Your-Own-Research) - This information / article is only for educational purporses and not a recommendation to buy or sell. I'm not a Financial Advisor. Thanks for reading! trader_se
TVC:USOILShort
by UnknownUnicorn1541497
1