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Attachments: WTI Crude Oil Trading
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WTI Crude Oil Trading

looking a bit "toppy", but i will not short this
Quoting Hutch
WTI went up 89¢ today with a low ATR that produced a break even trade and quite a good trade (second arrow for 50 pips). {image}
Go baby go!

Quoting EventsTrader
That was a strong signal that Russia (OPEC+) was going to play nice with the Saudis (OPEC) and it's turned out to be true.
That is key to bullish oil right now. If I get even a whiff of the Saudis back peddling, I'm out.
careful not to step in a pile of it
WTI went down 6¢ with a low ATR but this wasn't a good trading day. The first first trade was a loser, the second and fourth were break even trades. The third trade only produced 20 pips while the fifth trade produced 40 pips closing on the last brick of the day.
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WTI went up 7¢ today but the low ATR only produced crappy trades.
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Quoting bulltrap
{quote} Go baby go! {quote} That is key to bullish oil right now. If I get even a whiff of the Saudis back peddling, I'm out.
It's a very strong sign for oil markets that they are very committed to being the swing producer.
We must learn who is gold, and who is gold plated
Quoting EventsTrader
{quote} It's a very strong sign for oil markets that they are very committed to being the swing producer.
Not enough swings for my liking. No swings no profits. Natural Gas did the same today.
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WTI went down $1.04 today and the high ATR produced 3 good trades if you include the continuation trade from yesterday.
Attached Image (click to enlarge)
Click to Enlarge Name: WTICOUSDM12.png Size: 37 KB
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