Menu
Sister Sites

Options

Bookmark Thread

First Page First Unread Last Page Last Post

Printable Version

Similar Threads

WTI Crude Oil (TRENDSURFING - with the help of the model) 480 replies

making money intraday CL/WTI/OIL - no overnight holds 12 replies

Crucify - Crude Oil Trading 3 replies

Trading Oil WTI to get back all! 18 replies

Hedge WTI and Brent Oil 1 reply

Attachments: WTI Crude Oil Trading
Exit Attachments

WTI Crude Oil Trading

im afraid on oil price to be higher and higher everyday, because i have many selling position on big lot, is everyone here same?
Quoting ben92
im afraid on oil price to be higher and higher everyday, because i have many selling position on big lot, is everyone here same?
I'm a day trader so I never leave a position open at the end of the day although it sometimes can be profitable.
WTI went up $1.02 today with a low ATR that, discounting a continuation trade from Friday, produced 1 loss trade and 1 good trade.
Attached Image (click to enlarge)
Click to Enlarge Name: WTICOUSDM12.png Size: 30 KB
Looking for a possible bearish sign on Daily/Weekly Crude Oil around 60, targeting around 40
Attached Image (click to enlarge)
Click to Enlarge Name: Crude Oil.png Size: 33 KB
Quoting ben92
im afraid on oil price to be higher and higher everyday, because i have many selling position on big lot, is everyone here same?
Since we had a break of previous resistance I'm still bullish till $58-60 level - expecting small pullbacks. If this breaks we could see $65.
Let's see!
WTI went down 30¢ today with an average ATR that produced 2 good trades, a break even trade and a small lousy trade.
Attached Image (click to enlarge)
Click to Enlarge Name: WTICOUSDM12.png Size: 36 KB
WTI went up 1¢ today with a low ATR that produced a losing trade at the beginning of the session then 3 average trades.
Attached Image (click to enlarge)
Click to Enlarge Name: WTICOUSDM12.png Size: 36 KB
WTI went down 49¢ or 1% today with a low ATR of 60 points that generated 2 minor trades.
Attached Image (click to enlarge)
Click to Enlarge Name: WTICOUSDM12.png Size: 39 KB
WTI went up $1,78 today with a high ATR that produced only 1 trade of 210 pips within an ATR of 241 pips. First time I see this This is most likely because of the predicted shortage of oil in the US this winter, the crude oil inventory reduction 3 weeks in a row and probably another reduction for this week that hasn't been published yet.
Attached Images (click to enlarge)
Click to Enlarge Name: WTICOUSDM12.png Size: 35 KB Click to Enlarge Name: Crude oil change.jpg Size: 47 KB
Oil at the 38.2 fib resistance on monthly. Should pull back to around $57.
Attached Image (click to enlarge)
Click to Enlarge Name: XTIUSD.mMonthly.png Size: 40 KB
I wouldn't sell this one for anything, holding longs, buy the retrace if happens, interesting chart tho and thanks.
If it works for you, run with it. Beware the ides of March : )
Quoting funzodundee
Oil at the 38.2 fib resistance on monthly. Should pull back to around $57. {image}

Quoting yani38
I wouldn't sell this one for anything, holding longs, buy the retrace if happens, interesting chart tho and thanks.


No pull back yet so far today WTI went straight up to $60 then went flat.
Attached Image (click to enlarge)
Click to Enlarge Name: WTI.png Size: 31 KB
WTI went up 44¢ today but apart from Friday's continuation trade it was quite a lousy trading day.
Attached Image (click to enlarge)
Click to Enlarge Name: WTICOUSDM12.png Size: 34 KB
Quoting Hutch
{quote} {quote} No pull back yet so far today WTI went straight up to $60 then went flat. {image}
Yep, closed 59.50's Friday, up to 60.90 this time yesterday, currently 60.50. Works for me : )
Attached Image (click to enlarge)
Click to Enlarge Name: COWT.png Size: 68 KB
If it works for you, run with it. Beware the ides of March : )
WTI stalled a bit here. would expect there to be resistance at this level. certainly doesn't appear to have any bearish energy though. would expect sideways action and/or more up.
Quoting Kwame Freder
WTI stalled a bit here. would expect there to be resistance at this level. certainly doesn't appear to have any bearish energy though. would expect sideways action and/or more up.
I agree with you that the $60 resistance is hard to break. Maybe this is the reason why WTI went up only 3¢ today with a low ATR that didn't deliver good trades.
Attached Image (click to enlarge)
Click to Enlarge Name: WTICOUSDM12.png Size: 39 KB
WTI back above 60.00, and BRENT 63.50, all good. Happy to hold : )
Attached Image (click to enlarge)
Click to Enlarge Name: OIL_vs_OIL.png Size: 65 KB
If it works for you, run with it. Beware the ides of March : )
wow what a drop. glad i had closed my long
Quoting Kwame Freder
wow what a drop. glad i had closed my long
Do you mean that long candle 2 hours ago with a high of 60.74 and a low of 59.41?
Attached Image (click to enlarge)
Click to Enlarge Name: WTI.jpg Size: 39 KB
yeah i guess it was caused by the Saudi news
2 traders viewing now, 1 is a member:
ppongchai