Comments on: USO Crude Oil ETN Swing Trade Idea

By: Taniaye0086

Taniaye0086 — Thu, 19 Mar 2020 15:02:03 +0000

Mar 19, USO rising, so as crude. did you take a position?

By: SurfOption

SurfOption — Wed, 18 Mar 2020 15:53:12 +0000

The failed long the other day was actually the area to get short for a monster win. That was market generated info signal. Ck out the /CL chart on evening of 3/16 when the long signal post was sent.

By: ixtlanian

ixtlanian — Wed, 18 Mar 2020 15:25:29 +0000

I have re-entered into UWT twice more for small losses. I think we might be observing selling climax. Volume & steepness of the drop seem to be consistent with the selling climax. Thoughts anyone?

By: Shark friend

Shark friend — Wed, 18 Mar 2020 15:09:11 +0000

No luck this time.

By: Large Coffee

Large Coffee — Wed, 18 Mar 2020 15:02:48 +0000

stopped out.. small loss.

By: Swingisking

Swingisking — Wed, 18 Mar 2020 14:59:28 +0000

Stop loss target hit. Glad it was a tight stop. Moving on…

By: gregorydavids@gmail.com

gregorydavids@gmail.com — Wed, 18 Mar 2020 14:58:17 +0000

In reply to ixtlanian. UCO is trading currently at $2.60

By: ixtlanian

ixtlanian — Wed, 18 Mar 2020 14:56:14 +0000

In reply to ixtlanian. USO just printed 4.96, so stopped out. @rsotc - what are your thoughts? Was the stop too tight or is this something to stay away from for a while?

By: drummerdave

drummerdave — Wed, 18 Mar 2020 14:54:50 +0000

Well that stopped out quick.

By: PWL

PWL — Wed, 18 Mar 2020 14:39:11 +0000

I’m trying to take this trade from two of my IRA accounts. Interestingly, E*TRADE let me do it, but Merrill Edge did not: This security is currently blocked and cannot be traded in your account.