Can you afford to take that chance?
WTI Crude Oil Trading 11,453 replies
making money intraday CL/WTI/OIL - no overnight holds 13 replies
I don't trade oil - Please help! 0 replies
Trading Oil WTI to get back all! 18 replies
Hedge WTI and Brent Oil 1 reply
DislikedWow... price dropping... Will wait a few more days (to see/estimate possible trend; hoping for the UP) and will then re-active TE 2020 with the goals you voted most for... 100% Return, 20% DD (Annual).Ignored
Disliked{quote} I'm more conservative I voted 50% return with 10% drawdown WTI definitively broke the $20 support today dropping by $2.65 or 13% to $17.10. The next support level should be at $15 with $20 being the new resistance. I think that the trend will continue downward. {image}Ignored
DislikedOk definitely not trading until this settles at least a bit... This rolling coaster, to the ground (and beyond) and then back... is more risky than going into a casino and betting all on number 7 ;D Well yeah, there can be a lot of money to be made on this, but not at my current strategy, of this thread, trend-surfing... But we do need trend for that... at least somewhat, estimated... So better to wait now and keep the profits than to overtrade/gamble them away...Ignored
DislikedWTI lost 25% of its value today or $4.28. I was totally wrong about $15 being the new support level. The way I see it now support for WTI doesn't exist. {image}Ignored
Disliked{quote} You are not alone in this, trust me... I fully admit that I didn't see that coming... I would have never believed it a few months ago... I mean we are talking about historic lows!Ignored
Disliked{quote} These low prices haven't been seen this century President Trump's stating that he will bail out oil companies had an effect since nearly all the US oil firms closed higher today and WTI gained $0.68 or 5%. Gaining 5% after losing 25% the previous day doesn't mean much. It looks like the oil firms' trust in the president's bail out is not that great. {image}Ignored
Disliked{quote} Bail out the oil companies = production remains the same = oil price downIgnored
Disliked{quote} I do not know man, honestly But I am looking for WTI buy right now, but not for long, like .24 price difference would be enough...Ignored
Disliked{quote} Took much more price difference (0.54) because it went into a dive before it went up.. But still good overall... Timestamps of entry/exit, here.Ignored