Disliked{quote} {image} The 50% fibonacci is there and we've seen some tops and bottoms there before, so i think it will be a good point for a small sellIgnored
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QuoteDisliked"The 50% fibonacci is there and we've seen some tops and bottoms there before, so i think it will be a good point for a small sell"
Disliked{quote} That spike up of 90 cents today was due to fundamental reasons and my view of retracement around 101.84 became invalidIgnored
Disliked{quote} thank you for the explanation my friend... {quote} yeah, I was expecting maybe a reject from the 200ema... but didn't happened... are there some specific news that affect more crude oil? some good website to see those news? thank youIgnored
Disliked{quote} My attention is more towards precious metals recently, so i am trading crude on rare cations and no i don't have anything special for trading it, i am playing Blomberg tv most of the time for fundamental news, read some analysis form time to time, i also use RSI indicator set to 14 to see if the market is overbought/oversold, but mainly i look at price chart with S/R, fibonacci etc. levels and i trade on 1h time frame or moreIgnored
Disliked{quote} {image} The 50% fibonacci is there and we've seen some tops and bottoms there before, so i think it will be a good point for a small sellIgnored
Disliked{quote} 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 then to shoot North at rocket speed. Thats the character of oil.........what do you think?? (h1 chart) best.Ignored
DislikedHie 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 we all know how crazy price can be. I then devised an easier way to tame this oil beast......... this is what I did......: I use Bollinger bands 144 sma dev1 and onother BB144 sma dev 2 also BB34 sma dev1 only. So when BB34 dev1 intersect BB144 dev1 =entry Just try it and tell us what you think....Ignored