Energy trade 4 - 200 SMA

I've started to post an Energy / Stock / Metal Trade for the followers to trade.
I will post the update in the "update status" section of the portfolio post.
Starting capital is 10.000 $ in each portfolio. When I close the actual trade I will move the whole amount to the next trade - in this case it will be Energy trade X.
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I moved 10.000$ starting capital+13.620$ profit and the rest of the opened positions:
1000 ARP long 0,8$
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The 200 SMA played an important role in oil's past performance.
I will take some awful chances and go long with a SMALL position from here.
We are on the 6th day of panic selling - usually lasts for 6-9 days in oil.
We can easily drop to 37-38$ from here. I will be adding there.
This is a very important resistance should bounce for at least 1-2 days from here...

4% of the total capital only !

BUYING 200 US Crude October at 41.32$.
( Here at the chart the price is 40.58$)

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No stops for this position.
The position size is very important !
If you go all in here you can loose everything.

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It seems we bought the exact bottom at the 200 SMA.

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Buying 300 OAS (Oasis Petroleum) at 7.51$

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Buying 300 LGCY (Legacy Reserves) at 1.71$

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We missed ERX...

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Buying 500 SXE ( Southcross Energy Partner)

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Holding the gains near to the close , energy stocks in a rally mode.
Buying 400 US CRUDE October at 41.60.

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And we are back above the 200 MA

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Buying 100 ERX at 28.40. If we continue the rally tomorrow I will buy 100 ERX again.

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Closing the 100 ERX position at 30.30. Only the ERX.

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It's good that we jumped out of ERX.
We will get a better buying opportunity and don't have to worry about margins while oil ios printing the double bottom.

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Buying 100 ERX at 31.81$.

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Buying 100 ERX at 32.50$.
Just matter of time and it will break out.

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Today I will make a fast calculation how much money do we have at the energy trade.
It shows exactly my personal trades on my account.
I just play with a few more zeros.

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I will do an interesting thing now.
I'm turning the capital into oil shares as oil is printed a horrible rally. I think oil shares will perform better from now in the following days.
I have 600 US CRUDE. I will seel 200 US Crude and will buy 200 ERX at the same time

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Selling 200 US Crude October at 48.50$
Buying 200 ERX at 32.88$

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Selling 200 US Crude October at 48.90$ (200 US CRude left)
Buying 200 ERX at 33.3$.
This is going to be our spaceship.

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Buying 200 ERX at today's pullback at 33.10

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I hope it's clear why did I switch to ERX.
Even if it's 3x ETF its only down o.5% while oil is down 2%

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We are almost there:
Buying 100 US Crude October at 46.53$.
The other 100 I will buy at 46.30.

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Unfortunately I couldn't post here only at the " Red candle day" post that I'm buying.
So now I will post here. But I will buy at this price where we are now.

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Buying 300 US CRUDE November at 48$.

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I'm almost 100% sure the pullback is done.

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Buying 100 ERX at 31.81$. It's also a buy today.

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Selling 100 US OIL Crude at 49.50 $.

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Selling all of the rest of the USOIL position.
I will explain in the weekend oil post. We will have a pullback.
Selling 500 USOIL CRUDE at 49.76. I have only ERX now.

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OIL at new highs but ERX stil couldn't break out...
I'm going to sell half of the ERX position.
(I don't remember how much I have here exactly I will summarize the amount later)

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I'm doing the same thing on my energy account.
I'm moving the capital to miners. (GDX,GDXJ,JNUG,NUGT)

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XLE/ERX seems to be filled an exhaustion gap and oil is moving down into the HCL.
I don't want to risk the position . We sold the 50% of ERX at the exact top I will sell the rest of ERX now at 33.10.
I'm out of oil now with great yearly profits. Waiting for the next long entry.

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