Monday, February 2, 2015

Crude

Had to short this move, it's too clearly bearish. Crude oil downtrend ain't over yet. Economic warfare don't change over night.... well maybe it does but not now.
Don't know that I would call this a day trade, I expect price to go back down at least a few points here. So it's not really a day trade, it's a swing.
Update: was literally up 1700 on this and it's come back up all the wayy. Insane . Came down again and was up 1500+ and once again it has come all the way back up, this is ridiculous. it's so sad how things go against me.

Too fucking absurd that its' still up here.Looks even mor bearish now but still will fuck me probably.
It really never ends for me, honestly. It doesn't end.

Went all the way up to 50.50 or so and stopped me out of my 2 contracts with a big loss. Now i'm short again right under 50 going for 49 or lower and then we'll see.... I know looking at D1 and H4 this move was bearish and will get sold off, the question is will it go to retest those highs near 52 first.....  Either way I think even if we do go up there we're gonna come down to the pivot point below 49 first.

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