Our Open Positions: USD2,324.72 Profit

Dear friends,

Our statement below shows open positions:

Sell USDCAD, Buy AUDNZD, Buy Oil

Total profit  is USD2,324.72

Tactical Trading Academy trades non random recurring patterns in the global currency market.  We use technical analysis to recognize these patterns and look for potential exhaustive and bottoming inflection points.  Our strategy fuses these inflection points with advanced price and time patterns to derive potential trade ideas.

Tactical Trading Academy attributes its exceptional performance to its trading discipline and robust approach to the markets.  Our system relies on the precise identification of a small set of core tradable patterns and the application of proprietary statistical techniques and timing.

To sign up for our Trading Education Program, send an email to us at metal.commodity@tradingeducationprogram.org.

Open a live trading account at Askobid, click here.

Market Strategist
Tactical Trading Academy
Website: http://TradingEducationProgram.org/
Email: metal.commodity@tradingeducationprogram.org

 

“Nothing can stop the man with the right mental attitude from achieving his goal; nothing on earth can help the man with the wrong mental attitude.” - Thomas Jefferson

Oil: Open Buy Trade

Buy Oil at 97.97
Stop level at 92.00
Target level at 108.00

Oil – Long trade open

Bought 1 lot of supermini Oil at 44.74

Stop level at 44.00

Target level at 46.48

(Value of 1 point is US$100)

If you are interested to trade supermini oil contracts and get 3 months of free trade alerts, click here to open account. Choose Standard Account for account opening.

Risk disclosure: Oil and Gold trading have large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to participate in the futures trading markets. Don't trade with money you can't afford to lose. This website is neither a solicitation to invest nor an offer to Buy/Sell futures or options. The past performance of any trading system or methodology is not necessarily indicative of future results.

Oil – Long trade open

Open Long: 1 lot supermini Oil @ 44.67
Stop level: 43.30
Target level: 46.92

Oil Trading Strategy: Any Rally Is A Sell

Crude oil rose on speculation that Russia may coordinate a production cut with OPEC next week to end the five-month slump in prices.

Crude oil futures for January delivery rose as much as $2.65, or 6.3 percent, to $44.72 a barrel in electronic trading on the New York Mercantile Exchange. It was at $44.10 a barrel at 12:57 a.m. London time.

I do not think production cut by OPEC will create a big rally in oil price. Why? Let us analyse why oil price has gone up to $145 last year: it is huge number of speculators. With this current economic situation, most speculators have fleed. So unless the speculators are back, we are not likely to see any sustainable rally in oil price.

Fundamental is weak for oil:

a) Yesterday US reported that inventory for refinery product surged significantly, indicating consumption is deteriorating seriously amid high unemployment and poor economy.

b) Apart from the US, China has also recorded fall in oil demand. In November, oil imports in China dropped 1.8% YoY to 13.36M metric tons, the lowest in a year and the first decline since July.

Technically on the chart, oil is in a steep downtrend (see below for oil chart). Hence in my view, any rally for oil is a selling opportunity.

Nymex oil contract is too huge for normal retail traders like me and you, whereby value of 1 point is US$500. Now supermini oil contract is available in a European platform, value of 1 point is only US$100, click here to view. If you are opening the account, choose Standard account for account opening.




Risk Disclosure: Oil and Gold trading have large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to participate in the futures trading markets. Don't trade with money you can't afford to lose. This website is neither a solicitation to invest nor an offer to Buy/Sell futures or options. The past performance of any trading system or methodology is not necessarily indicative of future results.

Target Level Reached for Oil (Profit US$112)

Oil – Shorted closed (+ 112 ticks)

Open short: 1 Supermini Oil @ 44.25
Stop level: 45.00
Target level: 43.13
(Close at 43.13, profit is US$112)




All of my trades are executed based on BL TS (trading system). If you are interested to generate alternative income by tapping on BL TS, send an email to me at metal.commodity@gmail.com.

If you are interested to trade supermini oil contracts, click here to open account. Choose Standard Account for account opening.


Risk disclosure: Oil and Gold trading have large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to participate in the futures trading markets. Don't trade with money you can't afford to lose. This website is neither a solicitation to invest nor an offer to Buy/Sell futures or options. The past performance of any trading system or methodology is not necessarily indicative of future results.

Oil – Short trade open

Open short: 1 Supermini Oil @ 44.25
Stop level: 45.00
Target level: 43.13
(Value of 1 full point is US$100)

Cut Loss On Oil Trade

Oil – Long closed (-32 ticks), see here

Open Long: 1 supermini Oil @ 44.27
Stop level: 42.00
Target level: 46.80
Closed: 43.42 (Loss is US$32.00)

Oil - Short trade open

Oil prices rebounded from four-year lows and shot above $43 a barrel Monday as OPEC floated the possibility of a "severe" production cut and several countries announced new measures to boost their economies.

Open Long: 1 supermini oil @ 44.27
Stop level: 42.00
Target level: 46.80
(Value of 1 full point is US$100)

If you are interested to trade supermini oil contracts, click here to open account. Choose Pro-Account for account opening.

Target Level Reached For Oil Trade (Profit US$273)

Yesterday I had shorted 1 lot of supermini oil contract at 45.56, see here.

Oil prices plummeted Friday as the already battered market reacted to unexpectedly high U.S. unemployment figures. Skittish U.S. employers slashed 533,000 jobs in November, the most in 34 years, catapulting the unemployment rate to 6.7 percent.

Oil price plunged and target level reached as a result.

Open Short: 1 lot Supermini Oil @ 45.56
Stop level: 48.10
Target level: 42.83
Closed: 42.83 (Profit is US$273)
(Value of 1 full point is US$100)

This trade is executed based on BL TS system. If you are interested in BL TS, send an email to me at metal.commodity@gmail.com.

If you are interested to trade supermini oil contracts, click here to open account.
Choose Pro-Account for account opening.


Risk disclosure:
Oil and Gold trading have large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to participate in the futures trading markets. Don't trade with money you can't afford to lose. This website is neither a solicitation to invest nor an offer to Buy/Sell futures or options. The past performance of any trading system or methodology is not necessarily indicative of future results.

Review On Oil Trade (US$192 Profit)

Yesterday I had shorted 1 lot of supermini oil contract at 45.56, see here.

Market has moved in my favour, currently oil is trading at 43.64, so unrealised profit is US$192.

Open Short: 1 lot Supermini Oil @ 45.56

Stop level: 48.10

Target level: 42.83

(Value of 1 full point is US$100)

If you are interested to trade supermini oil contracts, click here to open account.

Choose Pro-Account for account opening.

Risk disclosure:

Oil and Gold trading have large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to participate in the futures trading markets. Don't trade with money you can't afford to lose. This website is neither a solicitation to invest nor an offer to Buy/Sell futures or options. The past performance of any trading system or methodology is not necessarily indicative of future results.

Oil - Short trade open

Open Short: 1 lot Supermini Oil @ 45.56
Stop level: 48.10
Target level: 42.83
(Value of 1 point is US$100)



If you are interested to trade supermini oil contracts, click here to open account.
Choose Pro-Account for account opening.


Risk disclosure
Oil and Gold trading have large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to participate in the futures trading markets. Don't trade with money you can't afford to lose. This website is neither a solicitation to invest nor an offer to Buy/Sell futures or options. The past performance of any trading system or methodology is not necessarily indicative of future results.