BNO is an ETF representing Brent crude oil. This is the type of crude oil produced in Libya. With a resolution of civil war in Libya, BNO is likely to come down. We are staring a 5% tranche right here at $71.73. Our plan is to short more if BNO
www.thearorareport.com THE ARORA REPORT, Ltd. HOME OF THE UNIQUE ZYX CHANGE METHOD DEDICATED SOLELY TO PROFIT FROM CHANGE BY TRADING AND INVESTING VERIFIABLE PERFORMANCE RECORD Every closed trade since 2007, without exception, is included in the performance results. Number of winning positions: 162 Number of losing positions: 10 Average annualized
Take partial profits on $CLZ9 right here at $68.80 and keep tight stops on the rest. www.thearorareport.com THE ARORA REPORT, Ltd. HOME OF THE UNIQUE ZYX CHANGE METHOD DEDICATED SOLELY TO PROFIT FROM CHANGE BY TRADING AND INVESTING VERIFIABLE PERFORMANCE RECORD Every closed trade since 2007, without exception, is included
Short sold $CLZ9, oil futures, per the last post at $71.02. Added this morning at $70.30. Keep tight stops. www.thearorareport.com THE ARORA REPORT, Ltd. HOME OF THE UNIQUE ZYX CHANGE METHOD DEDICATED SOLELY TO PROFIT FROM CHANGE BY TRADING AND INVESTING VERIFIABLE PERFORMANCE RECORD Every closed trade since 2007, without
www.thearorareport.com THE ARORA REPORT, Ltd. HOME OF THE UNIQUE ZYX CHANGE METHOD DEDICATED SOLELY TO PROFIT FROM CHANGE BY TRADING AND INVESTING VERIFIABLE PERFORMANCE RECORD Every closed trade since 2007, without exception, is included in the performance results. Number of winning positions: 162 Number of losing positions: 10 Average annualized
Stops hit on CLZ9 at $69.65. As we indicated yesterday, it was a very short term trade and we managed it successfully , almost perfectly. Our thesis has not changed and will look to reenter the trade on spikes up with tight stop www.thearorareport.com THE ARORA REPORT, Ltd. HOME OF
We have additional shorts on CLZ9 from 71. 70 and 71.44. Now CLZ9 is at 69.69. If you went with UCO , you should have additional shorts from $11.65 and 11.45. Consider tightening stops to lock in profits www.thearorareport.com THE ARORA REPORT, Ltd. HOME OF THE UNIQUE ZYX CHANGE METHOD
Oil has moved higher today while our fund flow analysis still leans toward the short side. Moreover dollar is stronger. Consider continuing to scale in short positions on spikes up, but keep tight stops. The other impetus for rise in oil today is pessimism surrounding nuclear talks with Iran. It
As a very short term trade, consider short sell on oil futures. Consider start scaling in CLZ9 right here at $70.92. Those not comfortable with futures may consider short sell on $UCO right here at $11.32. Keep tight stops. Impetus for the start of today’s rally was bigger than expected
We will continue to take partial profits and tighten the stops if oil continues to fall. www.thearorareport.com THE ARORA REPORT, Ltd. HOME OF THE UNIQUE ZYX CHANGE METHOD DEDICATED SOLELY TO PROFIT FROM CHANGE BY TRADING AND INVESTING VERIFIABLE PERFORMANCE RECORD Every closed trade since 2007, without exception, is included