OIL - LONG After Bull Blood Bath pour FX:USOIL par RAZRus

OIL - LONG After Bull Blood Bath

The market was unloaded today
All bulls on margin call: who buy dip, who buy after OPEC meeting, who sustain the price in march

I think Open Interest sufficiently decreased, and the new bull cycle arisen
Commercials have reduced net short position and new, fresh and brave bulls ready to buy every dip

Open: 45.50
SL: 44.60

Transaction en cours

Price 47.50
Fixing 10%

Note

10% on 47.50 fixed

Transaction en cours

20% fixed on 48.00

70% position remain

Transaction en cours

Move SL to 45.51

Transaction en cours

10% fixed on 49.00

60% position remain

Trade fermée manuellement

48.50 Closed manually
S&P free fall, risk increases in oil LONG

Note

49.56 Buy Stop Order

Note

Order cancelled

Note

Manual close was not a wise decision..
Now I'm outside of this rocket :(
"Buy stop" order was a good idea, but lost too in uncertainty

Next week, i'll try to find an entry point for myself, and publish if it is safe enough
Or not, if risky

Try to find your own entry point on key support levels after price correction if market shakeout you too.

Transaction en cours

46.00 Back in action

Transaction en cours

Adding here, SL 44.15

RAZRus

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OIL Ready for deep correction

par RAZRus

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