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IvanLabrie
2015年8月9日下午3點54分

Crude oil (WTI): Get ready for a meltdown 看空

Crude Oil (WTI)FXCM

描述

Target on chart, you can see how the different time at mode signals work together to give us a good idea of where price is headed.
I'll place my short orders now, hopefully I get a fill before it's too late. A retracement here would be terrific.
Good luck,
Ivan.

評論

I had gotten out of this short at 39 and flipped long.
Then closed longs at 44. Didn't expect such a large rally!
Interestingly enough, price stopped back at the downtrend mode, see?
If it breaks up, it has legs to hit 53-56.
評論
moorekapital
I PUBLISHED THIS THING 2 MONTHS BACK. SEE HOW IT PLAYED OUT ;)
moorekapital
Should the green floor break convincingly, price heads back down into the 43ish.
IvanLabrie
The more emotional and VERY sure people we have, the better, specially if they take the opposite side.
I don't care if it goes up or down, I just trade what I get presented with in terms of opportunity.
moorekapital
If we break and close below the prior low of 42.01, I'd look for short entries , targeting the 2008 November low of 32.40
IvanLabrie
Close is irrelevant to me, unless referring to a close with the low/high detaching from a mode.
CommoditiesTrader
Interesting to see so many people with the same outlook on crude:


I told many that it was only a matter of time. It was slightly humorous to see how many thought crude would be $80-plus.
IvanLabrie
The difference is this is a technical setup, with entry/exit/stop, which happens to have a time and price target.
I have plent of forecasts too, but taking the actual trade isn't always doable.
CommoditiesTrader
Sure, I get that. I also have some trades, and trades are always doable depending on your objective. I could go in for a few dollars or build a position. I give my analysis and outlooks but refrain from set ups because I feel people piggyback too much. If they use my chart, that awesome!.
IvanLabrie
I mostly use this as a journal. Being right or wrong shouldn't matter, but it's easy to be emotionally attached to our forecasts.
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