Comments on: Crude Oil & Energy Sector ETF Analysis & Trade Ideas

By: Royden Morgan

Royden Morgan — Thu, 16 Jan 2020 21:40:48 +0000

Thanks Randy, only been onboard about a week but already benefiting from your analysis, the crude oil trade has been particularly profitable, long, short and long again. I’ve been on a stock called Shopify (SHOP) and up over 40 percent, my biggest concern is knowing when to cash in.

By: Foreverlearning

Foreverlearning — Fri, 10 Jan 2020 14:10:01 +0000

In reply to rsotc. Looks like the bounce topped yesterday?

By: reinib@yahoo.de

reinib@yahoo.de — Fri, 10 Jan 2020 04:46:49 +0000

Do the commodity ETFs offer a similar setup? Would they be a good option to diversify the anticipated bounce?

By: reinib@yahoo.de

reinib@yahoo.de — Fri, 10 Jan 2020 03:45:42 +0000

So if I understand it correctly from the video, as of today, we could wait for another 1% or down on XLE, XOP, but another 4% down for GUSH and XES, before entering?

By: reinib@yahoo.de

reinib@yahoo.de — Fri, 10 Jan 2020 03:10:20 +0000

In reply to reinib@yahoo.de. Nevermind. It looks like the mentioned ETFs are the best way to go.

By: reinib@yahoo.de

reinib@yahoo.de — Fri, 10 Jan 2020 02:10:21 +0000

What is the best stock proxy for crude oil and entry price?

By: rsotc

rsotc — Thu, 09 Jan 2020 19:28:27 +0000

In reply to Royden Morgan. Congrats so far & thx for sharing those Fibs. Looks like /CL could trigger another trust higher on a break above 60.20 (5-minute chart below)

By: Royden Morgan

Royden Morgan — Thu, 09 Jan 2020 18:45:13 +0000

In reply to Royden Morgan. The trade stuck for a while around 61.8 fib but powered higher currently 59.70

By: Royden Morgan

Royden Morgan — Thu, 09 Jan 2020 17:14:36 +0000

Went long US oil once had evidence of the low being in, dropped Fib from top to bottom, bounced to 61.8 and holding there at the mo. Glad to receive the update on this product, confirms my own analysis.

By: Foreverlearning

Foreverlearning — Thu, 09 Jan 2020 17:10:25 +0000

In reply to rsotc. Yeah I totally get it. I am just hoping to earn back my losses from last year and need to keep reminding myself that TIME is on my side and I don't need to make it all back in 1 month. But it sucks knowing that my EGO made me lose an entire year of 401k money.

By: rsotc

rsotc — Thu, 09 Jan 2020 17:02:02 +0000

In reply to Foreverlearning.

LOL… Trust me, there have been plenty of times where I wished I had gone short instead of long & vice versa. I’m glad you asked about DRIP earlier in the trading room as I figured that I’d do the video & as well as the trade idea on DWT after my reply to you. So far, the rally in DRIP was stopped cold around that 61ish resistance level with a brief overshoot but trading just below it now.

By: Foreverlearning

Foreverlearning — Thu, 09 Jan 2020 16:28:12 +0000

Thanks Randy!
Maybe we can make a Jnewman8 indicator, it would need to be inverse to my ideas, profits rate maybe 70%+ :)

By: stock51

stock51 — Thu, 09 Jan 2020 16:11:40 +0000

Thank you