DWT Stopped Out for a 4% Loss

The DWT (3x Inverse Crude ETN) short-term Swing Trade was stopped out on 60-min candlestick close (30.73) below 30.90 for a loss of 4% on Tuesday after the Saudi + OPEC joint announcements of production cuts foiled the falling wedge breakout. As DWT gapped down below the stop trigger & printed the first 60-minute candlestick [...]

Jul 27, 2017 11:00am|Categories: Completed Trades - Short|Tags: |0 Comments

DWT (Bearish Crude Oil ETN) Trade Setup

DWT (3x Inverse/Bearish Crude Oil ETN) will trigger an objective long entry on a break above 32.00 which will be a breakout above this 60-minute falling wedge & the R1 resistance level at 31.85. Member @getitriight had pointed out some bearish developments on the charts of /CL (crude futures) & posted shorting crude via DWT [...]

Jul 20, 2017 3:21pm|Categories: Completed Trades - Short|Tags: |Comments Off on DWT (Bearish Crude Oil ETN) Trade Setup