USOIL: Top is in?

3 thg 1, 2017

I'm fairly certain we're seeing an intermediate term top in oil here. I'm short, via a 3% long position in SCO. (I'm also long USDCAD, USDMXN, USDNOK)
I'm open to going long again, but I think we'll see profit taking a rapid decline next.

Risk a new high, 0.5% exposure and off you go.

Cheers,

Ivan Labrie.

4 thg 1, 2017

Ghi chú

zerohedge.com/news/2017-01-03/opec-deal-non-compliance-begins-iraq-accuses-kurds-pumping-more-double-their-quota

6 thg 1, 2017

Giao dịch được đóng thủ công

Today's action is a failure for bears. I'd reccomend standing aside for now and let the market show its hand next.

9 thg 1, 2017

Ghi chú

Looks to be topping but not too safe to short. I'll still reccomend not trading oil for now.

16 thg 1, 2017

Ghi chú

Top WAS in. We had shorted last Thursday but I didn't get to update on time.

16 thg 1, 2017

Giao dịch đang hoạt động

18 thg 1, 2017

Ghi chú

Keep a stop at entry price and close half the position.

31 thg 1, 2017

Ghi chú

6 thg 5, 2017

Ghi chú

Top was in...