crude oil future trade idea – cullen outlook – formation finder
This is a sample of Brian’s email newsletter, The Cullen Outlook.
This is from the Formation Finder portion from this morning, April 9th.
To gain access to these charts and all of the trade ideas in full the day they are released, sign up for a FREE 30 day trial today! Visit www.TheCullenOutlook.com
May CRUDE OIL:
I will be trading a mini contract (QMK8) for the next 10 days until FND. Minis are 1/2 the size
BUYING at 62.70 or better
Risk will be 61.70 ($500)
Targets will be 65.00 ($1150) and onto 66.50 ($1900)
Have a look at the trendline support I am looking for and see if we cant get a bounce this week!
Subscribe to 10 Rules that Successful Day Traders Don’t Want You To Know
10 Rules that Successful Day Traders Don’t Want You To Know - Brian Cullen unlocks insider tips and strategies on successfully day trading the futures markets in this free ebook.
10 Rules that Successful Day Traders Don’t Want You To Know includes access to premium web content.
Elevate Your Futures Trading with dt Pro
Daniels Trading’s dedication to producing the premier futures trading software in the industry was driven by our relentless pursuit of satisfying the needs of active traders and developing a trading platform that would truly set us apart in the industry. The result is our dt Pro. dt Pro is an easy to use application that handles all of the complexities associated with trading and order management.
This material is conveyed as a solicitation for entering into a derivatives transaction.
This material has been prepared by a Daniels Trading broker who provides research market commentary and trade recommendations as part of his or her solicitation for accounts and solicitation for trades; however, Daniels Trading does not maintain a research department as defined in CFTC Rule 1.71. Daniels Trading, its principals, brokers and employees may trade in derivatives for their own accounts or for the accounts of others. Due to various factors (such as risk tolerance, margin requirements, trading objectives, short term vs. long term strategies, technical vs. fundamental market analysis, and other factors) such trading may result in the initiation or liquidation of positions that are different from or contrary to the opinions and recommendations contained therein.
Past performance is not necessarily indicative of future performance. The risk of loss in trading futures contracts or commodity options can be substantial, and therefore investors should understand the risks involved in taking leveraged positions and must assume responsibility for the risks associated with such investments and for their results.
You should carefully consider whether such trading is suitable for you in light of your circumstances and financial resources. You should read the "risk disclosure" webpage accessed at www.DanielsTrading.com at the bottom of the homepage. Daniels Trading is not affiliated with nor does it endorse any trading system, newsletter or other similar service. Daniels Trading does not guarantee or verify any performance claims made by such systems or service.