Sunday, March 8, 2015

Potential Trade (07 Mar 15)

1) I am monitoring Gasoline to enter small position if break daily LHF as it seem Diff SL supported.  At the same time, also Diff RL resisted.  I prefer to enter on a bigger pull back to Diff SL (weekly chart) before entering a long trade when break LHF (daily chart)

2) Sugar Raw
  • Seem to have hit near the bottom 
  • COT extreme on buying interest
  • Watching to go long on daily chart
    • Will enter small on breaking LHF in 2ET

3) Heating Oil
  • Down Trend, HLF, Closed slight above Diff SL
  • COT buying interest is getting lesser
  • Heating oil is used in Cold weather and US winter season is ending.

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