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Good Evening Friends,

Let’s talk trading I generally start all my charting work on a Sunday with my team and I mean this week I am seeing some beautiful opportunities on oil over the next couple of weeks live from our Forex trading floor. Where do I start. As you know we do not believe in time frames at PTA and there is method behind the madness but would love to hear your feedback if you do enjoy our analysis.

I HAVE ATTACHED A  SIMPLE BUT INFORMATIVE CHART ON WHAT THE KEY TARGETS ARE ON OIL AND THE FUTURE DIRECTION. REST ASSURED IF YOU ARE TRADING PLEASE TRADE ON YOUR OWN RISK.

I have trading experience of over 8 Years and the reason I am actually posting this trade here as I have seen a lot of positive hard working traders in this group and believe in the theory of sharing is caring.

SO LET ME PLACE THE TRADES INTO WORDS FOR ANY NEWBIE TRADERS THAT ARE IN THIS GROUP:

ANALYSIS ON OIL FOR APRIL 2016

A) THE HOLDING GROUND FOR OIL FOR 2016 OR THE POINT OF CONTROL IS SITTING AT 25.60

B) I AM WATCHING A PERFECT 1.5 BEAR FLAG FORMATION LIKE WE HAVE SEEN PREVIOUSLY.

C) THE BEAR FLAG FORMATION COMPLETES AT THE 50% FIB CONFLUENCE

D) IF YOU ARE TRADING OIL THEN I RECOMMEND THAT YOU PUT YOUR STOP LOSS JUST ABOVE THIS LEVEL DEPENDING UPON YOUR RISK APPETITE

E)THE ENTRY WILL BE AROUND THE 43.60 LEVEL WITH A TARGET OF 38.90TO START WITH AND AIMING FOR THE HOLDING GROUND AT 25.60.

F)ONCE IN THE TRADE  I SUGGEST TO SELL AND HOLD THIS POSITION FOR A CLEAN 300 POINTS AND THEN MOVE YOUR STOP TO BREAK EVEN.

IF YOU ENJOYED MY POST PLEASE LIKE AND SHARE WITH LIKE MINDED INDIVIDUALS.

If you don’t agree with my post it is fine but please refrain from negativity and lets work together in the community that we have built to achieve the best possible results.

Wish all of you a beautiful trading week ahead

Kind Regards,

Nisha Patel

Live from the Platinum Trading Floor