$CL
Although the news has not been officially released yet, the tense atmosphere in the Middle East has indeed been easing. After failing to hold at the 100 level for less than 12 hours, it started moving downward. Now you can be a little bolder: with leverage no more than 15x, start lightly shorting. Keep taking profits in increments of two dollars per position as the price moves down (for example, with my small position opened at 99.29, my take-profit would be set at 97.5; then it bounces back to 98, and I would reopen the short). Everyone must be patient and wait. Only when the price clearly breaks below 95.99 and shows a clear shift to shorting should you start opening a larger position. Opening a big position too early will easily get cut by a dead-cat bounce. Do it slowly and patiently—wait until yet another and yet another round of talks is reached below 80; that is destined. Even if your margin is only 100U, if you trade the whole wave properly, you can end up with 1000U. Patience + low drawdown to become great.
Although the news has not been officially released yet, the tense atmosphere in the Middle East has indeed been easing. After failing to hold at the 100 level for less than 12 hours, it started moving downward. Now you can be a little bolder: with leverage no more than 15x, start lightly shorting. Keep taking profits in increments of two dollars per position as the price moves down (for example, with my small position opened at 99.29, my take-profit would be set at 97.5; then it bounces back to 98, and I would reopen the short). Everyone must be patient and wait. Only when the price clearly breaks below 95.99 and shows a clear shift to shorting should you start opening a larger position. Opening a big position too early will easily get cut by a dead-cat bounce. Do it slowly and patiently—wait until yet another and yet another round of talks is reached below 80; that is destined. Even if your margin is only 100U, if you trade the whole wave properly, you can end up with 1000U. Patience + low drawdown to become great.
