Trade Idea #49 - $Cl1! - Oil out of Muddy waters

2016年2月16日

Two great-setups for the dead cat bounce and for longer term (Maybe 3 year contracts?)

Fundamentally I am looking for some anti-fraking news to be coming out within the year, thus reducing supply.

Reasons

• Heavily Oversold
  
• Great Risk/Reward
  
• Recovering from 5' Wolfe Wave Technical
  

Correct Position Size is crucial for large % swings.
Good Luck.

2016年3月7日

交易结束：到达目标

WOW. Now that's a big winner. Great trade. Exiting the shorter term set-up for a whooping 40% on capital.

2016年3月8日

注释

Surgical Execution.

2016年4月20日

注释

Longer term trade working out well with the break above $42 resistance. $50 Oil should be soon and the $80 target still intact.

2016年5月11日

注释

See latest comment.

2016年10月3日

注释

See latest chart

2018年1月5日

注释

A trade like this is all you really need ! Keep it simple.