Special Offer Ends Soon!

“Underground” System Tracks Hidden Hedge Fund Trades

Millionaire Trader, Taylor Conway, creates Bloomberg scanner to track “Dark Pool” activity, opening the door for huge potential returns.

Learn how to position yourself for profit, before the markets move!

On the watch: A breakout from the ‘crude oil coil’

Jason BondJason Bond ·

The set-up: This is a purely technical trade, based on a coiling pattern. What’s nice is this “crude oil coil” is that we don’t guess at the direction that crude is about to go, we simply react to where it closes.

A close above the coil is bullish, while a close below it is bearish. No matter which direction it goes, we will have a three- or four-point target. And our risk is the opposite trend line, meaning if we get a bullish move, then your risk is the bearish line, and visa versa.

The chart:

With a coil, it’s like a pressurized spring and eventually it busts loose. If it closes above 52.5, expect a bullish move; if the close is below 50.75, oil is going down.

Read a prior call from Jason Bond on light sweet crude

How to play it: I’m agnostic as to which fund you pick – there are plenty of funds tracking crude, and I’ll leave it for you to decide which ones track it most closely – but I’d favor going long or short a standard ETF like United States Oil (USO); I’d avoid using leveraged funds because this is a swing trade based on technical analysis, and leveraged ETFs have more tracking error the longer you hold them.

#-#-#

Jason Bond runs JasonBondTraining.com and is a swing trader of small-cap stocks.

Trending Now

Bull or Bear Market….It Doesn’t Matter

Kyle Dennis’ new, 5 min strategy is poised to double account sizes weekly! “I got out of GE trade at 379% $0.16-$0.77, thanks Kyle!” Said client Lance P. Check out the free training that started it all. (View Free Training)

SuperNova Service Leading Clients to 5-Figure Profits Consistently

“BOOM!!! Booked another $13,985 in profits on my long position $VMNGF. Great report came out premarket. Thanks Jeff at SuperNova for teaching me to make $$$ in the market.” Said Todd V. Jeff Williams is helping transform small accounts daily. Don’t miss his free walkthrough. (Watch Now)

Jeff Bishop, RagingBull.com Co-Founder, “Trading My Strategy Takes A Few Minutes a Day!” 

“Jeff, I have to say I was a little gun shy, but I bought the lifetime service (to Bullseye Trades) Friday night. First trade with your service…in LULU, 205 Calls at $4.70. (I) was going to be away from all internet connections for the next 3 days. It hit my sell price at $6.25 ;)” said James W.    (Read More)

Be a Better Stock Trader, Starting Today

Get the expert insights, tips and strategies you need to optimize your trading skills and profiles
START NOW