Attached above is the 4-hourly chart for US Light Crude Oil (WTI Oil) as well as my shorts entry, stop placed and exit point for your learning on how to trade as well as a professional.
I am taking profits of all March-2016-expiry shorts trades on oil.
This is my final batch of Crude Oil Shorts Profits. I am out of all Crude Oil trades now.
Additional Note:
I am taking profits of all March-2016-expiry shorts trades on oil.
This is my final batch of Crude Oil Shorts Profits. I am out of all Crude Oil trades now.
Additional Note:
Note that Light Crude Oil has refused to go down anymore on price satisfaction of the technical structure (refer to the brown-coloured projection x). This is the reason for the strong rebound in oil right now (more rebounds expected).
:: Related ::
Previous Crude Oil Analyses:
http://donovan-ang.blogspot.sg/search/label/US%20Light%20Crude%20Oil
:: Related ::
Previous Crude Oil Analyses:
http://donovan-ang.blogspot.sg/search/label/US%20Light%20Crude%20Oil
Above are the profits in ($) US Dollar (USD).
Below are the profits converted into (SD) Singapore Dollar (SGD).
Below are the profits converted into (SD) Singapore Dollar (SGD).
Profits in this trade:
+S$ 13,327 SGD
Cumulative:
S$ 156,326 + S$ 13,327
= + S$ 169,653 SGD
Trading Journal:
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