I'm fairly certain we're seeing an intermediate term top in oil here. I'm short, via a 3% long position in SCO. (I'm also long USDCAD, USDMXN, USDNOK)
I'm open to going long again, but I think we'll see profit taking a rapid decline next.

Risk a new high, 0.5% exposure and off you go.

Cheers,

Ivan Labrie.
ปิดการเทรด ด้วยตนเอง
สแนปชอต

Today's action is a failure for bears. I'd reccomend standing aside for now and let the market show its hand next.
บันทึกช่วยจำ
Looks to be topping but not too safe to short. I'll still reccomend not trading oil for now.
บันทึกช่วยจำ
Top WAS in. We had shorted last Thursday but I didn't get to update on time.
การซื้อขายยังคงดำเนินอยู่
บันทึกช่วยจำ
Keep a stop at entry price and close half the position.
บันทึกช่วยจำ
สแนปชอต
บันทึกช่วยจำ
Top was in...
keyhiddenlevelsrgmovSCOtimeatmodeCrude Oil WTI

🔒Want to dive deeper? Check out my paid services below🔒

ivanlabrie.substack.com/
และใน:

คำจำกัดสิทธิ์ความรับผิดชอบ