Tuesday, August 23, 2011

OIL Trade idea:

Trade idea: Bullish (direct rise). An immediate rise is expected on the market.
Details: The market is upside oriented today. We advise to play this bullish strategy as long as the market does not go below 83.96, as we anticipate a direct rise to 87.71. Buy close to 84.46 to play a rise to 87.71. The invalidation level of this trade idea is at 83.96.

Buy OILUSOCT11
Entry: 84.46
Target: 87.71
Stop loss: 83.96