DESCENDING TRIANGLE WITHIN TRADING RANGE

24 set 2016

Analysis on chart.
Use your sixth sense ^_^


Click like to be updated on developments. I hold a short from 47.22 on demo, and short on live account via EURCAD long. see chart here---

We had fun with the chart below, some 4months ago. The updates to this chart presents loads of real trade lessons, bar by bar. Great for my library

27 set 2016

Nota

OPEC set for no deal as Iran rejects Saudi oil output offer
reuters.com/article/us-opec-meeting-saudi-idUSKCN11X0LL

29 set 2016

Nota

price reaction here, it matters!
s3.amazonaws.com/tradingview/snapshots/8/8OOZmPNA.png

18 ott 2016

Nota

s3.amazonaws.com/tradingview/snapshots/7/7DiasZZc.png

18 ott 2016

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47.10 Just be patient and dont fight the mkt ;) s3.amazonaws.com/tradingview/snapshots/o/OhHGbOtA.png

25 ott 2016

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Heads Up!!! USOIL UPDATE--- If you did this trade w/ me, I think that we got activated now. The #1 challeneg I have here is that, we did not walk into the entry order---we gapped into it. That means that we need to be a bit careful here. Otherwise, for now, revise your stops from 50.98 to 50.56

25 ott 2016

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Investigating gapping..... s3.amazonaws.com/tradingview/snapshots/a/a5aME43a.png

26 ott 2016

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Well,
Saxobank doesnt show gap....
Tradenavigator doesnt show gap......
IG doesnt show gap......
Tradingview/Investing.com doesnt show gap.......

I guess I hold short, and rel on stop

26 ott 2016

Nota

CRUDE OIL TRADE UPDATE---- No loss. Very tiny gain. Thanks to good risk management practices. click on link for chart update. content.screencast.com/users/moorekapital/folders/Jing/media/4ecb3583-905a-46fb-ad7d-188330d138cb/2016-10-26_1645.png

26 ott 2016

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Now, if price fails to reach 51 in 6hours from now = I'll short again, at close price of 6th hour, w/ stops @ 51
Atm, I see price simply rally into a PSZ-- Potential Sell Zone. No crude oil trade yet

31 ott 2016

Nota

20 nov 2016

Nota

Doing a new chart for oil short----

20 nov 2016

Nota

New chart done