As I mentioned yesterday, pay attention to 49.21-49.58 Yesterday I short oil when price break down 49.21 and retested. This is a classical break-out + pull back trade, and Earned 100 pips For Traders have followed me for months, you all should already master this strategy. right?
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Now is 45.55, lowest point 45.80 almost 500 pips
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Look at the chart for the whole process
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mengqin
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hold it or TP now?
yeocs93
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Hi Jack, would you suggest buying pullbacks?
insomnia.kzhang
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oil just finished a AB=CD from a FIB 618 point, but it is still in a down trend. I am not sure where to enter short again. I am looking at the previous bottom 45.84, since it broke the shoulder line, maybe it will need to retest it first and then down? Or it will go for another 0.618? Thinking of going to your class.
Please reply.
Thanks.
tntsunrise
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welcome to my course. many students have signed up the course and start to watching the videos already. and they are invited to my student group.
oil right now is doing a pull back to test 46. it may not goes back to 0.618 level because the downtrend is very strong.
insomnia.kzhang
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I am already in your QQ group, thanks for the reply. I listened to your JIEPAN just now, and you said the class starts in August? The only problem I have is that I am in North America, not sure about your schedule and if I can attend your class.
tntsunrise
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dun worry. i got many usa students. you can consider to sign the english one. it will be more convenient. coz the videos are in youtube.
insomnia.kzhang
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listen when u use mandarin is way more fun though... I am in tiyanqun 2, my QQ name is insomnia. Who do I need to talk to to get course details? I want to see if the asian session would work.
tntsunrise
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u can talk to YU LEI.
ChimbOt
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mchilado
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Nice set-up Jack! Thanks for teaching us the process.