Friday, July 16, 2010

Crude Oil Trade Signals

I thought it will be apt to add crude oil too in this Blog.

I will be referring to the weekly chart for this purpose.

Present Status: SHORT.

Date of Trade entry: 17th May at $ 78.30

Since this is a very reliable trading system, I would like to give the following previous two trades.

LONG Entry: on 5 March 2007 at $ 60.

Exit on: 4th Aug 2008 at $ 128

Gain: $68.

SHORT entry: 4th Aug 2008 at 128.

Exit on: 23 March 2009 at $46

Gain: $ 82.

LONG Entry: 23 March 2009 at 46.

Exit on: 17th May 2010 at $78.

Gain: $32.

Now it is on SHORT mode as mentioned above …

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