travelerjm

Mid-term oil short strategy

Short
travelerjm Updated   
NYMEX:CL1!   Light Crude Oil Futures
Entry: 41.18
S/L: 42.15

A short position revisits as upward pressure seems limited so far.

My previous short-position stopped out; v-shaped rebound hunted my stop-loss trigger but it looks the price still on a downtrend thus I try going short again w/ similar target and SL
Trade closed: stop reached:
Among 2 contracts, took profit on 1 contract and another 1 contract stopped out - Lebanon explosion was kinda black-swan.
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