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detector May 15, 2019 12:57pm | Post# 1261

{quote} It looks like it's going that way Li, but it's reversed on a falling res slope (just broke through) so hoping history will repeat, it's hard as we have conflicting views but wish you the best,D EDIT Target <60
Would like to think with all the news out this has no substance, with lack of it, a run down to 40, speculation pushed it up, economics taking it back down, just my opinion, D

Ll1979 May 15, 2019 1:01pm | Post# 1262

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shorted WTI @62.204
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detector May 15, 2019 1:07pm | Post# 1263

Hadn't watched the interview before my last post but nothing short of what I'm saying, D

sponge May 15, 2019 1:08pm | Post# 1264

Signing off

Good luck all

Ll1979 May 15, 2019 1:09pm | Post# 1265

Signing off Good luck all
have a nice evening

detector May 15, 2019 1:14pm | Post# 1266

Signing off Good luck all
You too,

MP-Trader May 15, 2019 1:16pm | Post# 1267

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{quote} Would you mind to post a chart with full may 13th MP thanks
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valter May 15, 2019 2:04pm | Post# 1268

{quote} sure. {image}
thanks MP-Trader
the blue letter A is the opening and Gray triangle is the close ? right?

detector May 15, 2019 2:49pm | Post# 1269

Closed my short at a loss, had my doubts but staying with short but at a higher level, there were signs but to no avail, living to fight another day!!!

MP-Trader May 15, 2019 2:56pm | Post# 1270

{quote} thanks MP-Trader the blue letter A is the opening and Gray triangle is the close ? right?
spot on valter.

Ll1979 May 15, 2019 3:13pm | Post# 1271

shorted WTI @62.204 {image}
Out @62.512

riclater211 May 15, 2019 4:47pm | Post# 1272

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{quote} Hey All, Price is still bouncing along the trade box. Nothing to report on this Monday. Just waiting for something to happen. 70.00 is still the pooling area. - Ric {image}
Hey All,

My previous analysis has expired. Its mostly the same but now minor trend lines have strengthened. I placed trade boxes in with what I believe is the potential move possible if/when price breaks this range. At least on the Tech side. As always news can blow any analysis out of the water.

With that being said, upside potential is greater when you include all the turmoil going on. If the USA, UAE, Israel & Saudi Arabia continue to antagonize Iran, Iran may decide to shut down or hamper shipments through the Strait of Hormuz in retaliation. 20% of all the worlds oil travels through the Strait of Hormuz. Iran is the most powerful country, militarily, in the region.

Any skirmish, even a small one, will cause major turmoil across the region and in nearly every conflict in the middle east, oil fields are always a primary target.

We shall see.
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timingchain May 15, 2019 7:10pm | Post# 1273

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danish07 May 16, 2019 1:35am | Post# 1274

Good Morning Guys..

As per my interpretation we have reached the are of resistence level of today's date, and i believe it will slowly go down to 61.27-61.02.
Any suggestions or contradictions to this stats are most welcome..

sponge May 16, 2019 2:15am | Post# 1275

{quote} Well I didn't expect another trip below 62.58 ...balls out the park again
I think 62.42 is key today, bearish below but possible test back to 62, if it holds the upside target 63.02/72

The 1 & 4 hour charts look a bit streached for now but the daily could still be in bull mode I think

The old res/support level 62.58 also back in play so looking for longs over this level for now

sponge May 16, 2019 4:36am | Post# 1276

Play from 4:20 for crude

valter May 16, 2019 5:50am | Post# 1277

good day
wti cfd long@62.47, tp @ADR(14), sl@62.33 will evaluate

valter May 16, 2019 5:58am | Post# 1278

good day wti cfd long@62.47, tp @ADR(14), sl@62.33 will evaluate

sponge May 16, 2019 6:46am | Post# 1279

{quote} Looks like Dow is on a big push north
Dow still pushing up I had a nice trade on it this morning.

Upside targets looking miles away at 26300 I could be wrong of course but worth watching

25788 possible resistance

valter May 16, 2019 6:50am | Post# 1280

wti cfd long@62.51, tp @ADR(14), sl@62.38 will evaluate

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