Last week, I shared fifteen 24-hour setups that gave members of my trading advisory the opportunity to pocket an additional $23,622 profit in August.
One of those setups returned a $1,970 profit on a $250 oil play on August 15.
I bring this up because we’ve got another crude oil play with 800 ticks of profit on an $80 move.
And the catalyst is something I’ve been telling my readers about since July.
If you’ve been paying attention to the technicals, you’re probably not surprised that Brent prices crossed $90 per barrel.
And all after Saudi and Russia extended supply cuts, especially since the announcement coincided with higher exports from Iran and Venezuela.
Long story short:
The bearish sentiment is gaining the upper hand in the oil markets because the sanctions from America and its allies haven’t really hurt Russia’s bottom line…
In other words, lower supplies from Russia and Saudi = bigger profit opportunities.
That’s precisely how it played out for my Big Energy Profits advisory members.
Targeting the fossil fuel ETF at the center of this trend, I told them to build a position for under $80 four days ago, and yesterday, they had the chance to capture 800 ticks of profit.
That’s like buying shares for under $80, taking a short vacation to Paris with your wife, and then returning to see your initial investment has grown tenfold in four days.
Not everything I recommend will pan out like my best trades.
But this is another example to show you can consistently grow your money in this market if you’re well-positioned to take advantage of opportunities most traders aren’t privy to.
I’m not sure what kind of returns you’ve seen this year.
But if you’re willing to set aside at least 25 minutes daily to get better returns on your money, I’m confident I can help you become a more profitable trader, regardless of your trading style or account size.