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Attachments: OIL/USD charts
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OIL/USD charts

Short Oil my tp on Pivot 85.92..hope doing well today..

any advice are welcomed...
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Oil – Bias (W1): Bullish + Retracement; Bias (D1): Bearish + Ranging; Bias (Overall): Uncertain


http://lcchong.files.wordpress.com/2...ng?w=837&h=381

http://lcchong.files.wordpress.com/2...ng?w=837&h=380
Oil – Bias (Overall): Bullish

http://lcchong.files.wordpress.com/2...ng?w=837&h=381
Hi, seeing very good signs of S/D and for some reason I have ULT still in tack give me some renewed hope for the greenback...
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Bias (W1): Bullish; Bias (D1): Bullish + Cautious; Bias (Overall): Bullish + Cautious

http://lcchong.files.wordpress.com/2...ng?w=837&h=381

http://lcchong.files.wordpress.com/2...ng?w=837&h=380
I would love to know the brokers that are trusted for trading oil online.
The Profit Of The Earth Is For All
Quoting wisdomxy
I would love to know the brokers that are trusted for trading oil online.
fxcm works fin for me
Don't be a hero. Don't have an ego. Always question yourself
Quoting wisdomxy
I would love to know the brokers that are trusted for trading oil online.
You're probably asking for MT4 brokers - I know a colleague who traders it successfully via Tadawul.

But really, the formal and proper way to trade the CL (and other) oil contracts is with a fully licensed futures broker such as Mirius, Ampfutures, etc - they are directly interfaced to the CME which is where oil futures exist, and you thus get full and proper volumes, just like the big boys see them.
Quoting wisdomxy
I would love to know the brokers that are trusted for trading oil online.
I have been using hot forex ( http://www.hotforex.com/?refid=9801) - mainly because they have lower margin requirements. There is a 5 point spread but the way oil moves - it's really not an issue. Also 5 points for the leverage I use is $5 - so about the same commission I was paying with futures.

Also note I use limit/stop to enter trades - so I cannot vouch for market orders.
hi. Glad to find this thread. I was searching for cl. I have been learning market profile and someone suggested acd method for oil. I did some research and it seems like it may be good to use for oil. One of the top clearing houses at NYMEX trains the traders on this method. Does anyone here use that method?
Tks
Quoting enochben
I have been using hot forex ( http://www.hotforex.com/?refid=9801) - mainly because they have lower margin requirements. There is a 5 point spread but the way oil moves - it's really not an issue. Also 5 points for the leverage I use is $5 - so about the same commission I was paying with futures.

Also note I use limit/stop to enter trades - so I cannot vouch for market orders.
Well I am agree with enochben, And I am using the same as enochben. And according to me HotForex is a great company.
Bias: Bullish

http://lcchong.files.wordpress.com/2...ng?w=837&h=381
The 30m chart for oil shows it is over priced and the fair price is somewhere between 92 - 94. I will look to short Oil on the TL break shown in my chart with a target of 94.
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Fall seven times, stand up Eight! #GGMU
back @ $100/ Barrel... this should be fun for the next coming weeks...
hello,

oil review
Attached Image
Bias: Neutral

http://lcchong.files.wordpress.com/2...ng?w=837&h=379


http://lcchong.files.wordpress.com/2...ng?w=837&h=379
OIL Chart :

http://up98.org/upload/server1/01/z/...rmjrdctx9k.gif
recent crude oil view by me amid Iran sanction concern....
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Bismillah
The crude market is basically for american companies and here is the funny part - we don't use any oil from Iran! So fundamentally an embargo of Iranian oil should not effect the us of a
Oil :
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