Trade of the week: short WTI crude oil

Описание к видео Trade of the week: short WTI crude oil

Welcome to this week's edition of Trade of the week, recorded on Monday, 4th November 2024. We continue to monitor our New York cotton short position, initiated at 72.69, with an active stop loss at 75.58 and a target of 68.50.

Meanwhile, last week's Arabica coffee trade hit its stop loss, resulting in a minor loss. Shifting our focus, this episode covers an in-depth analysis of crude oil futures. With WTI futures approaching key resistance from early June, we're considering a short position around 71.00 to 71.50. The strategy includes a stop loss at 72.50 and a downside target at approximately 67.00.

This segment provides a thorough walkthrough of our rationale and technical indicators backing the strategy. Join us as we examine market movements and share our insights on potential trade setups. Perfect for traders seeking nuanced understanding and strategic inspiration in futures trading.

Chapters:
0:00 Introduction
Welcome to this week's Trade of the Week, dated 4th November 2024.
0:13 Cotton Futures Review
0:23 Stop Loss and Target Set
0:38 Arabica Coffee Futures Analysis
1:03 Coffee Trade Outcome
1:12 Crude Oil Futures Focus
1:22 Key Resistance in Oil
1:27 Short Position Strategy

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