194 - Results for Oct 23, 2017 - Iraqi Production Cuts & OPEC Specualtion ...stuck at $52
Channel: Crude Oil Trading Journal
Date: 23/10/2017

* As planned, I bought an even-smaller short position near the open at a Crude price of $52.24
* Apparently Iraqi Exports have fallen, which is being credited for oil’s ability to remain near the highs (near $52)
* I was looking/hoping for an exit opportunity on 2 or 3 short positions, but we never fell enough or stayed low enough
* My targets will remain for tomorrow
    * Selling 3 short positions if we get to $51.40 or lower
    * Buying long as we approach $51
* Until then… I wait.. boring!

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