|Id||Symbol||Company Name||Signal||Entry||Target||Stop Loss||Status||Pips Made|
|116||US Crude oil||Commodity||Buy||8210||8500||See Details||Closed||0|
Recent Position Updates10/27/2014 11:38:14 PM
Even though we have closed this position for administrative reasons but as a setup its still valid. As previously stated that as long crude oil does not close under 8040-50 area its a buy so nothing has changed so far! These are setups, We still can close this position at break even.
10/26/2014 7:17:32 PM
We swing trade so its always about last swing high or Low. So in this case as Long Crude oil closes above 7950 which was a last swing low, We think crude should get to 85-87 area before a new leg down. So for now we are holding it!
10/23/2014 6:23:59 PM
Crude Oil is giving us a hard time, But as a setup its still valid as long the last Low holds on daily closing base.
10/22/2014 7:33:59 PM
We did not expect this to come down to test the recent lows. All our indicators are calling for a bounce. With swings like these its always about Higher Highs and Lower Lows, so as long the recent Lows are not taken out on hourly closing base then we still expect a bounce.
10/20/2014 7:26:25 AM
Tweeted to members to stay with Crude Oil long. Crude oil is expected to bounce strongly. Members should adjust their stop-loss to 8050ish area.
10/19/2014 7:45:29 PM
Very risky trade so please keep an eye on your position size. All the details are written on chart.