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CFDs on WTI Crude Oil

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USOILSPOT SAUDI oil exports to China to rise to over a two-year high in August. Reuters.



USOILSPOT It was really fun scalping both sides up and down heavily with 20 lots last evening. Within 5-6 candles, exit with huge profit.

The market is not following the structure, so I, too, broke the rule and GAMBLED. It really paid me well. And I close the system after 2 times.

The idea was whenever you see a sharp fall with a big RED candle, once selling pauses, it will move in an UP direction. same way to some extent. Just catch it, ride on it, and exit before it starts to fall.

IT'S REALLY RISKY, LIKE GAMBLING.
I will not recommend this to anyone with less than 10K Fund.

USOIL Oil has become too boring to trade. Consolidation for 30 days and movement for 1 or 2 days. As a positional trader it is driving me nuts. Who else feel the same?

USOIL The Hourly just printed a Double Inside Day to mean that a BIG move is coming, either to the upside or the downside from tight "coiling".
Snapshot

USOIL Longs can be activated around the 63/61 area, London sell off tomorrow :)