CFD Petrolio greggio (WTI)Aggiornato USOIL: 2015 OCTOBER 9 HIGH OF 50.89 STILL MAGNET
Uptrend still intact, the weekly chart says, though the daily chart is showing some signs of weakness.
That said, what I wanted to see last week in order to turn full bearish didnt materialise.
On that note, I see these........
Bulls might buy the June1 and June2 tails.
Watch out for a possible DB w/ May 23rd Low of 47.40 (Red Circle)
Two ways to trade: Buy stop above June2 High
And Buy on Limits, the tails of June1 and June2
Ideal stoploss for long = few points below May 23rd Low of 47.40
For Target, I wouldnt put a limit, but 2015 October 09 High of 50.89 still a magnet.
Will study Price Action when there.
In my much improved price charts reading, which I dubbed NEO-PA, ;) I would do less talking and less publications of different charts. I intend to do more updates to same charts, and also do live calls in nmike's chatroom- tradingview.com/chat/
It is important for me to underscore here that, I do not inculcate News/Fundamental reasonings into my technical analysis, as I am not good at that exercise.
I also do not use any other indicator, apart from 20EMA(which I can do w/o, anyway ;) )
My analysis and calls are purely based on price action bar by bar analysis, based off the outcome of my obsession and immersion into charts over 8years of trading.
How can I finish off w/o saying this...........
I want to mention also that, I have borrowed one or two ideas from timwest and IvanLabrie , jangseohee and nmike and Alexander_Nikitin .
I definitely cannot exhaust the list of people I have picked one or two great ideas from.
Thanks to everyone that taught me a thing or two
Im currently doing trading, full time for a living. And would like you to share in my private funds managment. If you have capital of not less than $50 000USD.
You can send me a mail to moorekapitalgmail.com or PM me for a discussion today!
Updating.......
That said, what I wanted to see last week in order to turn full bearish didnt materialise.
On that note, I see these........
Bulls might buy the June1 and June2 tails.
Watch out for a possible DB w/ May 23rd Low of 47.40 (Red Circle)
Two ways to trade: Buy stop above June2 High
And Buy on Limits, the tails of June1 and June2
Ideal stoploss for long = few points below May 23rd Low of 47.40
For Target, I wouldnt put a limit, but 2015 October 09 High of 50.89 still a magnet.
Will study Price Action when there.
In my much improved price charts reading, which I dubbed NEO-PA, ;) I would do less talking and less publications of different charts. I intend to do more updates to same charts, and also do live calls in nmike's chatroom- tradingview.com/chat/
It is important for me to underscore here that, I do not inculcate News/Fundamental reasonings into my technical analysis, as I am not good at that exercise.
I also do not use any other indicator, apart from 20EMA(which I can do w/o, anyway ;) )
My analysis and calls are purely based on price action bar by bar analysis, based off the outcome of my obsession and immersion into charts over 8years of trading.
How can I finish off w/o saying this...........
I want to mention also that, I have borrowed one or two ideas from timwest and IvanLabrie , jangseohee and nmike and Alexander_Nikitin .
I definitely cannot exhaust the list of people I have picked one or two great ideas from.
Thanks to everyone that taught me a thing or two
Im currently doing trading, full time for a living. And would like you to share in my private funds managment. If you have capital of not less than $50 000USD.
You can send me a mail to moorekapitalgmail.com or PM me for a discussion today!
Updating.......
Nota
USOIL: "Two ways to trade: Buy stop above June2 HighAnd Buy on Limits, the tails of June1 and June2 "
Buy stop triggered! ^_^
s3.amazonaws.com/tradingview/snapshots/u/uvhwLfkl.png
Nota
That was a great close yesterday. We near the high, and that's a concern- (possible DT), otherwise....
Still BMA ( Buy Mode Activated)
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DT, yes. But I'm not TP here. I prefer to be taken out on BE stop. s3.amazonaws.com/tradingview/snapshots/8/8njKYyoL.pngNota
NO COMMENT ! s3.amazonaws.com/tradingview/snapshots/c/cgCzzHBo.pngNota
Trends are like Super Tankers.!It is an error to define Trend w/ a Trend Line.What is your unique definition for a trend?
s3.amazonaws.com/tradingview/snapshots/c/cuI8d158.png
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USOIL_Daily: "50.31" IS THE CRITICAL PRICE FOR ME s3.amazonaws.com/tradingview/snapshots/u/uWdNPWgg.pngNota
It's important to note that this statement is based off DAILY CHART only! Nothing else matters(to me)Nota
No matter how oil closes todai, We potentially have seen either the top, or the start of Pullback. = If you held long = bank the cash, and stand aside for now. If tis a PB, we'll know, and we can rejoin in the long , should that happen. s3.amazonaws.com/tradingview/snapshots/l/lySijO5V.pngNota
By Implication, trading off daily charts here, I wont short yet. Sell Mode also Not Activated for me, Buying now is also not yet, as per my ideas. IMHO. With due respect to all other ideas.Nota
I follow a methodology. And so, I do nothing until my method says so. s3.amazonaws.com/tradingview/snapshots/g/GLMXht4H.pngNota
Oil shows sufficient sell pressure. Im aware. I also see a potential CRITICAL ZONE. And so, I might turn bearish if......but not yetNota
USOIL: Some reaction here , on the CRITICAL ZONE I've been talking bout s3.amazonaws.com/tradingview/snapshots/i/iJIQDGkK.pngNota
USOIL_Daily: MA Gap by close of day...? We'll see. If the last push up doesnt start, then this think cud fall further. Already, there's sufficient evidence of selling. s3.amazonaws.com/tradingview/snapshots/y/Ynx3Y41D.pngNota
I'm doing a sellstop: It doesnt mean Im already in. If mkt indeed would go down, I wanna be swept into the trade. If MA gap expected on daily happens = I switch to long. s3.amazonaws.com/tradingview/snapshots/5/5GxmhNuG.pngNota
Ok. Oil triggere. s3.amazonaws.com/tradingview/snapshots/d/D4m5hOyU.pngNota
USOIL: Move stops to critical price s3.amazonaws.com/tradingview/snapshots/k/Kt6TK4fs.pngNota
its been a rocky day! I book profit 2X the risk here. s3.amazonaws.com/tradingview/snapshots/r/rOkUWu0p.pngNota
CRUDE OIL, back to entry. Profit booked last night=timely! s3.amazonaws.com/tradingview/snapshots/9/96qmIhf5.pngNota
USOIL: Back into critical zone.BUY......?or SELL.....? s3.amazonaws.com/tradingview/snapshots/h/hf3RKIpY.pngNota
Im a bit concerned bout the buying pressure seen hereUSOIL_60: Very tight bull channel, And that have me thinking that every slight PB wud be bought.PBs, possibly, but if it leads to a trend reversal downside= I'll join on the evidence of enough selling pressure s3.amazonaws.com/tradingview/snapshots/r/rJWYG9mB.png
Nota
And so....it keeps flying......Patience!we'd get in when tis time s3.amazonaws.com/tradingview/snapshots/l/LexHmFYw.png
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USOIL_240: Some evidence of a possible ' BMA' (Buy Mode Activated ) seen.... s3.amazonaws.com/tradingview/snapshots/t/tUepqXVv.pngNota
Im thinking of buying close if current 1H shd it meet my conditions. I'll do very tight stop = I careless s3.amazonaws.com/tradingview/snapshots/g/GsklyXMR.pngNota
USOIL_DAILY: MA gap Makes me wannathink that Oil might test
BX = HH,LH,DT MTR s3.amazonaws.com/tradingview/snapshots/b/BSL2lZM9.png
Nota
OK. i'M doing the risky thing! s3.amazonaws.com/tradingview/snapshots/7/7pTkc18U.pngNota
stop is kept too wide, cos we cud retrace down to possible buyzone, which is fine still. On the other hand, should we take off from here = I'll maage trade by updating stop s3.amazonaws.com/tradingview/snapshots/v/vnvoQgBe.pngNota
Confidence jumps from current50% to 60% , shd we trade above here 47.73 s3.amazonaws.com/tradingview/snapshots/f/F8AcGCdu.png
Nota
Im out to be w/ wife and kidsNota
USOIL_240: I like how the 4H bar closed s3.amazonaws.com/tradingview/snapshots/b/buj3Xy0T.pngNota
USOIL_60MINS: Now, that's awesome! s3.amazonaws.com/tradingview/snapshots/1/1c8Scjye.pngNota
Risk minimised now(confidence up) .We'll do this gradually....... s3.amazonaws.com/tradingview/snapshots/9/9OrhhMil.pngNota
Visit 'NAKED TRADING ROOM' for crispy fresh calls today! S&P500 / SPY
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CRUDE OIL
NATURAL GAS
Link to Room: tradingview.com/chat/
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USOIL: @ mkt open: 2016-06-20 s3.amazonaws.com/tradingview/snapshots/b/BPd7njy9.png
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OK. I book OIL here, due to some reasons. I'll explain. Im still preparing my TV charts. I gained 2.5x my risk amountNota
USOIL: This is why I booked OIL here.I'll look for a good price to re-enter.Nice profit, that was s3.amazonaws.com/tradingview/snapshots/m/mgo8O5qf.png
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USOIL: It's important that I state here that, I do not see a potential turn down yet. This cud be a minor pause, or PB, and if we must go up, then we must break this terminal resistance w/ some force. And that....I do not wanna miss. I'm sitting on a profit cushion, and would re-enter at my signal, according to my NEO-PA ideaNota
s3.amazonaws.com/tradingview/snapshots/q/QnPXAgij.png And so, we did indeed break tha temporary resistance with some force! ;)
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.