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- breakthru56 replied Dec 5, 2017
I agree with you. Currently price is held up by the 57.00 level. But Iwould give 60% for North to 59.00 area and 40% for South. To avoide missing those good moves... I use channels 20....50....100....200. These give powerful gravity areas for easy ...
- breakthru56 replied Mar 27, 2017
Surely one wonders what next as the crude price keeps tumbling. That thought gave me sleepless nights sometime ago till I made up my mind to just follow and react as it unfolds on daily basis. But then look at it this way, the same forces that ...
- breakthru56 replied Mar 27, 2017
Jimmy Your setups are very brilliant. Overall, what do you think will happen from now into April crudewise
- breakthru56 replied Mar 26, 2017
I think trading the crude is much better than forex in that the crude pays more per pip. The main thing is to have bona fide SR levels and strike your entries strictly at pullbacks around the SR levels in the direction of the WEEKLY + DAILY candles. ...
- breakthru56 replied Mar 26, 2017
Last week inventories adjusted higher hence the current bearishness of price
- breakthru56 replied Mar 26, 2017
As of this week, the crude will remain bearish. Major changes to the north will show as from the OPEN level of April
- breakthru56 replied May 17, 2016
Crude seems to have broken the midprice of last year range.....[48.54]........possibly gearing to maintain a 50.00 to 60.00 price range during the 1st half of this year despite all sentiments. Well...all due to sudden dramatic spikes in ...
- breakthru56 replied Aug 12, 2014
Shanemort CRUDE OIL I have one challenge......first off......I believe that in trading, the month/week and day candles have to be in one direction and be FULL body candles. Right now prices are stark because the month candle is stagnant and keeps ...
- breakthru56 replied Aug 4, 2014
Good people There is a likelyhood of prices rallying down to 97.00 during the this week and next......then we will see a sharp northwards move to arround 102.00 before monthend. .........But my challenge to you all is.......what drives the monthly ...
- breakthru56 replied Jul 23, 2014
H1 is kinda friendly on oil given prices can be stagnent for sometime. H4 is also good but you have to wait for a long time before you can make any profitable entries. Idea is to enter as price X BB34 x 1 and BB144 acts as a kind of satnav.=price ...
- breakthru56 replied Jul 23, 2014
Hie Guys CONTRIBUTION: Maybe I shouldnt mention it here but its just that I feel as traders we should contribute ideas: Here is mine : My obsevesion the past 2years trading oil is that oil is totally different from forex trading(in my opinion) since ...
- breakthru56 replied Jul 23, 2014
Sailyfee I think you made a bit of a killing today.....the trend was in your favour. Its now kind of stuck & possibly to retrace to the Daily Pivot. I think there will be a good NORTH Trade to break @ 102.57 with a possible TP @ around 103.00. Have ...
- breakthru56 replied Jul 23, 2014
hell guys I m glad I stumbled on this thread........thought I was the only one in the world trading on oil. CONTRIBUTION: Price bounced on a monthly trendline and heading currently North to hit the Daily pivot anytime now for a short retrace and ...
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