Kim Cramer Larsson
Join Kim Cramer-Larsson, technical analyst at Saxo Bank, for the latest developments from a chart perspective as we head toward the US presidential election day of November 8.
Squawk / 10 August 2016 at 17:47 GMT
buying OILUSOCT16 on current decline with trade parameters as per chart
11 August
trading4fun trading4fun
current trades opened: long at 43$ and long at 42$. in the meantime, one could open twice at 42$ and square at 42.40$ at least to reduce the loss as OIL currently looks poised for further decline
11 August
trading4fun trading4fun
so far so good, even vise to square in case of further decline
11 August
trading4fun trading4fun
current price at 44$, some resistances ahead, perhaps vise to square
16 August
trading4fun trading4fun
current price at some 47$, this was a highly profitable trade idea with target achieved


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