DESCENDING TRIANGLE WITHIN TRADING RANGE

24 Eyl 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 Eyl 2016

Not

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

29 Eyl 2016

Not

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

18 Eki 2016

Not

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

18 Eki 2016

Not

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

25 Eki 2016

Not

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 Eki 2016

Not

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

26 Eki 2016

Not

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 Eki 2016

Not

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 Eki 2016

Not

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 Eki 2016

Not

20 Kas 2016

Not

Doing a new chart for oil short----

20 Kas 2016

Not

New chart done