stick on this , historically february is bullish for gold
decision will yours, u want to go with technicals or history
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Disliked{quote} i agreed with g, technically next stop is arou nd 89 which i told u couple of days ago , if closed below 92.75 than target is 89 stick on this , historically february is bullish for gold decision will yours, u want to go with technicals or historyIgnored
DislikedWell now looks G & Razi89 taking this thread active. I was following this trade little long but no activities was there, now having some technical levels encouraging contribution.Ignored
DislikedCan have a bounce from these levels. All I will say is that this will probably be one of the stronger trends of 2014. I still have a downside target of $77.50 this year. Any bounce to $95-98 would be free money at this point. Playing momentum to downside will be very very profitable in crude oil this year, because the trend is strongly down.Ignored
Dislikedbelieve that tomorrow’s closing will be very important for bears as a break below the support line connecting the movements from 77.15 will assist them to re-experience 91.60 once again followed by the main technical target at 85.00. {image}Ignored
DislikedWhat Crude will do is anybody's guess, but 1 thing is certain. As long as you trade your planned thesis with some objectivity, and don't stray away from it, call it a good trade. Some traders trade higher time frames, thus having different objectives & expectations in regards to TP / SL / in trade management. Know what you're comfortable with... saying crude will hit 85 or 95 really doesn't help anyone esp no one knows how you will trade it to that level & risk parameters that goes along with it. Never get greedy, and always respect SL. [color=#ff0000][u]Good...Ignored
Dislikedone thing that you are all forgetting is that the usa is going to very independent from opec soon.... usa is now getting to produce not only crude but sand oils....of which costs around $60/barrel to extract....therefore price should be around $60-$80 in the near future imo..... yes fluctuation up or down will occur but in reality oil should eventually drop to those prices....lower could be achieved if opec decides they want to give away their oil as so they can still milk usa as long as possible and prevent the production of sand oil.... in any...Ignored