Hey Traders,
Oil opened higher as market sentiment feeds in and traders buy on fears of supply problems.
This can cause rapid movements up or down, and it's a good idea to be prepared for them.
Here's my labelled price zones to note.
Oil opened higher as market sentiment feeds in and traders buy on fears of supply problems.
This can cause rapid movements up or down, and it's a good idea to be prepared for them.
Here's my labelled price zones to note.
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Hold any relongs till further TGT.
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Looking to Re long.
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If you exited prev ^
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Eyes on sentiment RE iran.
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Further Re longs light.
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Maintaining on long bias (Prev hit support)
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Holding into today.
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Exit for gains.
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Re long entries appropriate on key techs.
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Still maintaining long bias into mon.
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Still maintaining ^
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Lock in gains. Re shorts higher.
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Much higher^
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Sentiment still support USOIL. Willing to continue to hold off until key long Term PA.
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Very light longs OK.
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Exit light longs, re shorts applicable.
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Maintaining only very light short bias (incase of surge in mkt sentiment upside).
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Exit for gains. Re longs applicable on upside momentum gaining.
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Holding off shorts due to renewed momentum upside.
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Very light re longs further.
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light longs ideal on various tech conf factors.
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Continued bias.
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Exit longs for gains again.
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Shorts entered NO1.
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Out shorts, light longs reasonable here
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