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RAZRus
4 de May. de 2017 23:09

OIL - LONG After Bull Blood Bath  Largo

Crude Oil (WTI)FXCM

Descripción

The market was unloaded today
All bulls on margin call: who buy dip, who buy after OPEC meeting, who sustain the price in march

I think Open Interest sufficiently decreased, and the new bull cycle arisen
Commercials have reduced net short position and new, fresh and brave bulls ready to buy every dip

Open: 45.50
SL: 44.60

Operación activa

Price 47.50
Fixing 10%

Comentarios

10% on 47.50 fixed

Operación activa

20% fixed on 48.00

70% position remain

Operación activa

Move SL to 45.51

Operación activa

10% fixed on 49.00

60% position remain

Operación cerrada manualmente

48.50 Closed manually
S&P free fall, risk increases in oil LONG

Comentarios

49.56 Buy Stop Order

Comentarios

Order cancelled

Comentarios

Manual close was not a wise decision..
Now I'm outside of this rocket :(
"Buy stop" order was a good idea, but lost too in uncertainty

Next week, i'll try to find an entry point for myself, and publish if it is safe enough
Or not, if risky

Try to find your own entry point on key support levels after price correction if market shakeout you too.

Operación activa

46.00 Back in action

Operación activa

Adding here, SL 44.15
Comentarios
Sergio18
Why the Order is cancelled? D'You think it's time for short now, friend?
RAZRus
@Sergio18, Bad entry point after panic close :(

If you still have long position, try to hold

I'll try to find an entry point for myself.
Sergio18
@RAZRus, thank you,friend.
But I have short position in level 52 (brent). And I take a small long position now. It's like particai hedge for me. And maybe You can give me a tip-off? what is better to do: keep waiting luck or throw off any order?
RAZRus
@Sergio18, I can't give you advice because I've never worked with hedge positions :(
Sergio18
Why? D'You think it's time for short now, friend?
cesareb

It is fantastic!!! You are an Aristotle !!!
uzair18
Is this Trade Active now?
RAZRus
@uzair18, Yes, still active SL didn't hit cause my broker trading hours 7.00 - 21.00 UTC
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