WTI Short

Mar 7, 2018

After the old trades got stopped out I entered an oil at the top and exited for a small profit before the 1030 news. This made up for the loss I had before and put me at break even. New play now. After the news I see this dropping more as there was no pop or anything to indicate a higher move. I went short with a target of 59 once again. I believe this will go down when it breaks the wedge. WARNING, this is an early entry to be on a safe side I would wait for the break of the wedge. Happy trading

Mar 8, 2018

Note

Trade working beautifully. Wedge broken and if a close at the 60.50 level will form a head and shoulders pattern. If it does and it breaks it, will consider removing TP and setting TS to get maximum out of this trade