For WTI perspective:
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Reliable broker for Crude Oil trading 20 replies
making money intraday CL/WTI/OIL - no overnight holds 13 replies
WTI Crude Oil (TRENDSURFING - with the help of the model) 634 replies
Trading Oil WTI to get back all! 18 replies
Hedge WTI and Brent Oil 1 reply
Disliked{quote} The purpose of OPEC is to levitate crude prices = more expensive for consumers. Free for all means lower prices by competition = cheaper for consumers.Ignored
DislikedOil: Growth in US shale output is slowing – ANZ 3 October 2019, 07:42 According to ANZ analysts, oil market has quickly discounted the impact of the recent attack on oil facilities in Saudi Arabia, returning its focus to the weakening economic backdrop. Key Quotes “We remain convinced that the risk of further disruptions is high.” “However, an acceleration in the slowdown in US shale oil supply will likely temper the impact of any decline in oil demand in 2020. The rig count has fallen and shale oil output has dropped from 150kbbls to only 53kbbls.”...Ignored
Disliked{quote} Great post.. It is refreshing to hear some, specially experienced, guy talking about what really drives the markets (consumers)... Well breaking it down to the demographic (changes) would be pushing it but I like his logic... Not sure if I understood his views for the OIL in the near future... Is he suggesting to be careful with the SOUTH, implying NORTH? But regardless, I loved the consumers reasoning, low oil helping etc...Ignored
DislikedI think we are nearing a turn at 52.12 This is pure chart and no fundies so be carefull +56 target if she goesIgnored
DislikedGood morning all, Could anyone please advise which broker would allow me to open unleveraged positions in WTI crude oil? I would like to hold oil for longer periods and trying to avoid overnight financing which can work out to be quite expensive. Or any other suggestions how to minimise overnight financing cost? BestIgnored
Disliked{quote} Looking for a hold around 52.40 if we go below I think 52.12 will be re-tested Limited downside below 52.12 but old Sod is never far awayIgnored
Disliked{quote} Could you post a nice chart with some cycle analysis Sponge?Ignored
Disliked{quote} Hi LI, Cycles on daily chart with PB set to 2,14,100 only show levels for 14 , if you get stuck I'll send a chart on Here's the daily with CCI 14, RSI 2 and MA's ...if MA white above sell white below buy, line em up with CCI/RSI, the MA's can help u stay in for the full move. All good with hindsight of course. {image}Ignored
Disliked{quote} Looking for a hold around 52.40 if we go below I think 52.12 will be re-tested Limited downside below 52.12 but old Sod is never far awayIgnored
DislikedTo any UK trader in here. What does the Defence Union mean to you? Nothing to do with trading I just need to know if anyone is aware of what is happening with our armed forces. I have sent 3 emails to my local MP's with the same question but not one took the bother to reply...or they are just plain stupid and have no idea !!!!Ignored