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WTI Crude Oil Trading

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  • Post #6,981
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  • Apr 4, 2020 2:56am Apr 4, 2020 2:56am
  •  Ll1979
  • Joined Dec 2008 | Status: Member | 2,931 Posts
Quoting catmes
Disliked
Crude oil prices have risen. Is this the supply already showing signs of decreasing? and the reason for the increase in crude oil swap is too strong
Ignored
Oil prices have only risen on hopes (global production cuts) nothing has fundamentally changed. OPEC+ meeting is scheduled on 6 april.
persistence and determination alone are omnipotent
 
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  • Post #6,982
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  • Apr 4, 2020 11:00am Apr 4, 2020 11:00am
  •  vikinsa
  • | Commercial Member | Joined Oct 2019 | 881 Posts
USOIL worked great last week as predicted. My post was trending on LinkedIn in OilAndGas here:

https://www.linkedin.com/posts/vikin...130711040-EFpI

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Oil, now It seems a little over stretched and market could be looking to retrace a bit. There are several opportunities in here.

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Technical Analyst & Trader @ Vikinsa
 
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  • Post #6,983
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  • Apr 5, 2020 6:39am Apr 5, 2020 6:39am
  •  Ayax.TSS
  • Joined Apr 2019 | Status: Member | 2,153 Posts
#BRENT / Weekly
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  • Post #6,984
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  • Apr 5, 2020 7:04am Apr 5, 2020 7:04am
  •  Ayax.TSS
  • Joined Apr 2019 | Status: Member | 2,153 Posts
#WTI / Weekly & H4
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  • Post #6,985
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  • Apr 5, 2020 9:52am Apr 5, 2020 9:52am
  •  miziler
  • | Joined Jun 2017 | Status: Member | 54 Posts
Quoting vikinsa
Disliked
USOIL worked great last week as predicted. My post was trending on LinkedIn in OilAndGas here: https://www.linkedin.com/posts/vikin...130711040-EFpI {image} Oil, now It seems a little over stretched and market could be looking to retrace a bit. There are several opportunities in here. https://youtu.be/GFGUE_WYHag
Ignored
Great bro
 
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  • Post #6,986
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  • Apr 5, 2020 11:42am Apr 5, 2020 11:42am
  •  vikinsa
  • | Commercial Member | Joined Oct 2019 | 881 Posts
Quoting miziler
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{quote} Great bro
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Thanks a lot mate
Technical Analyst & Trader @ Vikinsa
 
 
  • Post #6,987
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  • Apr 5, 2020 3:32pm Apr 5, 2020 3:32pm
  •  auricforecas
  • Joined Sep 2017 | Status: Still a total mystery | 3,575 Posts
Man, seems some heavy BUYS ahead... Basically from from recent articles, it seems like WTI is heavily underpriced, and this is somewhat coming from US, RU and Saudis.. SO will be epic info/week(s) ahead!
Can you afford to take that chance?
CHEETAH LIVE TE Return This Year: na
 
 
  • Post #6,988
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  • Apr 5, 2020 5:48pm Apr 5, 2020 5:48pm
  •  tonny47
  • | Joined Apr 2008 | Status: Member | 1,312 Posts
Quoting auricforecas
Disliked
Man, seems some heavy BUYS ahead... Basically from from recent articles, it seems like WTI is heavily underpriced, and this is somewhat coming from US, RU and Saudis.. SO will be epic info/week(s) ahead!
Ignored
i think market is going to gap down once it opens in few minutes based on news. but will go up towards the end of the week
 
1
  • Post #6,989
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  • Apr 5, 2020 5:51pm Apr 5, 2020 5:51pm
  •  auricforecas
  • Joined Sep 2017 | Status: Still a total mystery | 3,575 Posts
Quoting tonny47
Disliked
{quote} i think market is going to gap down once it opens in few minutes based on news. but will go up towards the end of the week
Ignored
Quite likely, because some recent articles might suggest consolidations but the meeting is now delayed and they say it might happen exactly as you suggest
Can you afford to take that chance?
CHEETAH LIVE TE Return This Year: na
 
 
  • Post #6,990
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  • Apr 5, 2020 6:03pm Apr 5, 2020 6:03pm
  •  auricforecas
  • Joined Sep 2017 | Status: Still a total mystery | 3,575 Posts
Quoting tonny47
Disliked
{quote} i think market is going to gap down once it opens in few minutes based on news. but will go up towards the end of the week
Ignored
Quoting auricforecas
Disliked
{quote} Quite likely, because some recent articles might suggest consolidations but the meeting is now delayed and they say it might happen exactly as you suggest
Ignored
Have you seen it? You were already correct about the gap down Nice. Gap Down just happened: https://www.energyexch.com/market
Let's see about the rest of it... This week might be conclusive for the weeks to come. I am almost "sure" of it.
Can you afford to take that chance?
CHEETAH LIVE TE Return This Year: na
 
 
  • Post #6,991
  • Quote
  • Apr 5, 2020 6:05pm Apr 5, 2020 6:05pm
  •  tonny47
  • | Joined Apr 2008 | Status: Member | 1,312 Posts
Quoting auricforecas
Disliked
{quote} Quite likely, because some recent articles might suggest consolidations but the meeting is now delayed and they say it might happen exactly as you suggest
Ignored
damn, i wish i wasnt correct because left big long position opened over weekend. who would have guess that they would argue about who started the price war
 
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  • Post #6,992
  • Quote
  • Apr 5, 2020 6:23pm Apr 5, 2020 6:23pm
  •  Kwame Freder
  • Joined Jun 2011 | Status: Member | 742 Posts
Damn they just scorched the longs!
 
 
  • Post #6,993
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  • Apr 6, 2020 5:05am Apr 6, 2020 5:05am
  •  auricforecas
  • Joined Sep 2017 | Status: Still a total mystery | 3,575 Posts
Quoting tonny47
Disliked
{quote} damn, i wish i wasnt correct because left big long position opened over weekend. who would have guess that they would argue about who started the price war
Ignored
It looks like it is going to recover. I think that it is better that you were right even though you were in unfortunate weekend position than the other way around. Your second part of prediction might come true now also.
Can you afford to take that chance?
CHEETAH LIVE TE Return This Year: na
 
 
  • Post #6,994
  • Quote
  • Apr 6, 2020 10:12am Apr 6, 2020 10:12am
  •  Kwame Freder
  • Joined Jun 2011 | Status: Member | 742 Posts
May not be the wise decision but I’m Looking to buy today
 
 
  • Post #6,995
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  • Apr 6, 2020 11:26am Apr 6, 2020 11:26am
  •  Kwame Freder
  • Joined Jun 2011 | Status: Member | 742 Posts
Feels like a big aggressive bounce is coming
 
 
  • Post #6,996
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  • Apr 6, 2020 12:04pm Apr 6, 2020 12:04pm
  •  sponge
  • Joined Apr 2018 | Status: Member | 1,732 Posts
Struggling with 29 atm but 29.40 + gives a target at 30.39 imo ...bets off below 28.78...testing at the mo
All charts/ideas based on UK time zone
 
 
  • Post #6,997
  • Quote
  • Apr 6, 2020 12:06pm Apr 6, 2020 12:06pm
  •  Kwame Freder
  • Joined Jun 2011 | Status: Member | 742 Posts
Quoting Kwame Freder
Disliked
Feels like a big aggressive bounce is coming
Ignored

lol i should get into fortune telling
 
 
  • Post #6,998
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  • Edited at 1:03pm Apr 6, 2020 12:19pm | Edited at 1:03pm
  •  sponge
  • Joined Apr 2018 | Status: Member | 1,732 Posts
I just had a reading
Attached Image
All charts/ideas based on UK time zone
 
 
  • Post #6,999
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  • Apr 6, 2020 12:55pm Apr 6, 2020 12:55pm
  •  Ll1979
  • Joined Dec 2008 | Status: Member | 2,931 Posts
Quoting Kwame Freder
Disliked
{quote} lol i should get into fortune telling
Ignored
lol
Attached Image
persistence and determination alone are omnipotent
 
 
  • Post #7,000
  • Quote
  • Apr 6, 2020 2:05pm Apr 6, 2020 2:05pm
  •  tonny47
  • | Joined Apr 2008 | Status: Member | 1,312 Posts
Quoting auricforecas
Disliked
{quote} It looks like it is going to recover. I think that it is better that you were right even though you were in unfortunate weekend position than the other way around. Your second part of prediction might come true now also.
Ignored
had an order to get out around 28 and then buy back lower below 27 but thought it my actually go up so removed it. just didnt quite work out as planned. it's more of a long term trade for me so i will carry on holding.
 
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