Trade Idea #49 - $Cl1! - Oil out of Muddy waters
Two great-setups for the dead cat bounce and for longer term (Maybe 3 year contracts?)
Fundamentally I am looking for some anti-fraking news to be coming out within the year, thus reducing supply.
Reasons
Correct Position Size is crucial for large % swings.
Good Luck.
Fundamentally I am looking for some anti-fraking news to be coming out within the year, thus reducing supply.
Reasons
- Heavily Oversold
- Great Risk/Reward
- Recovering from 5' Wolfe Wave Technical
Correct Position Size is crucial for large % swings.
Good Luck.
トレード終了: 利益確定目標に到達:
WOW. Now that's a big winner. Great trade. Exiting the shorter term set-up for a whooping 40% on capital.
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Surgical Execution.
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Longer term trade working out well with the break above $42 resistance. $50 Oil should be soon and the $80 target still intact.
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See latest comment.
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See latest chart
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A trade like this is all you really need ! Keep it simple.