$CL_F: Oil futures long

2023年1月26日

Low risk trade here, check out how the hourly, daily and weekly time-frames interact, giving a lot of upside room with very limited downside risk here.
Best of luck!

Cheers,

Ivan Labrie.

2023年1月26日

トレード稼働中

Daily signal triggered as expected...
Let's see how it goes.
Sorry for the noises, my daughter was playing with some stuff in the background haha.

2023年1月26日

ノート

Sold futures, will use proceeds to buy OTM calls in $USO.

2023年1月26日

ノート

I bot back my oil futures position, the calls don't look as appealing, but I will hold them until I can exit in profit.

2023年1月27日

ノート

Banked futures...holding calls.

2023年1月30日

手動でトレードを終了しました

I took a loss on the calls, overall net profit but now the setup looks dead, trend can trigger a bearish signal in the daily today.

Maybe Barron's 'Invest in China' cover is to blame (everyone was hyped with China reopening as a driver of commodities and EM returns, but it seems the thesis could be wrong given China's economic weakness).