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SBForex SBForex PRO USOIL, 60, Short ,
USOIL: WTI crude oil 4th 61.8 fib rejection short to 50.70
64 0 4
USOIL, 60 Short
WTI crude oil 4th 61.8 fib rejection short to 50.70

WTI has been capped at the 61.8 fib level confluent with support for the 4th time, we can expect lower prices. I am watching price action for short opportunities

jakeostrovskis jakeostrovskis IAG, W, Short ,
IAG: Stars allign for an IAG SHORT!
13 1 0
IAG, W Short
Stars allign for an IAG SHORT!

Fundamentally, Airlines are having a tough ride & it doesn't look like its going to stop anytime soon. The fragmented industry has failed to provide any consistent returns for the last 10 years (EBIT margins have averaged just over 1.2%!!), Full service airlines specifically have been struggling - not only due to the exogenous demand factors then rely on (Eurozone ...

QuantumLogicTrading QuantumLogicTrading USOIL, D, Short ,
USOIL: FADE OIL & BUY USDCAD - OPEC TO CUT OR TO NOT?
150 0 7
USOIL, D Short
FADE OIL & BUY USDCAD - OPEC TO CUT OR TO NOT?

Opec to cut or not to cut? * I trade Oil seldomly however this binary position caught my attention.* 1.This trade derives from my view regarding cartels - a view which follows the logic that they only work when the cartel makes an arrangement that is beneficial to all parties, wholly from a profit perspective. 2. Formal action of Reducing output is unlikely to ...

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