"Just Oil"

Apr 29, 2011 at 16:28
49,123 Views
1,794 Replies
Member Since Jan 18, 2010   17 posts
May 18, 2016 at 13:02
i don't know anything about oil trading, but it sound awesome for me 😁
Candles always right
Member Since Sep 12, 2015   1948 posts
May 18, 2016 at 18:19
Sell off in Oil,looked like a signal at 4.30,a push lower,still the long term trend looks bullish,I'm out at 49.
"They mistook leverage with genius".
Member Since Oct 11, 2013   775 posts
May 23, 2016 at 05:13
Oil WTI is in a rally with some pullbacks, but still in a bullish trend, lets see if it reaches the 50.00 level.
Member Since Oct 02, 2014   909 posts
May 23, 2016 at 13:43
Good move last week.
Positivity
Member Since Oct 11, 2013   775 posts
May 24, 2016 at 03:15
WTI Oil is still going no where for the time being. The 50 level may still act as resistance and the 46 may still act as support.
Member Since Mar 28, 2016   93 posts
May 27, 2016 at 20:26
Buy at 48.90
Member Since Jul 09, 2015   3 posts
May 29, 2016 at 10:34
Hi everyone! I'm new here.
I am also interested in anything to do with OIL.

WTI / Brent / OIL CFDs.

Hope to be able to learn from you guys!
Count the cost, pay the price!
Member Since Oct 02, 2014   909 posts
May 30, 2016 at 14:04
$50!
Positivity
Member Since Dec 22, 2016   20 posts
Jan 09, 2017 at 08:02
zacattack posted:
Hi everyone! I'm new here.
I am also interested in anything to do with OIL.

WTI / Brent / OIL CFDs.

Hope to be able to learn from you guys!

Hello, glad to see that there is this kind of thread about oil. If you are looking for something that has a relation with oil, you can read this one: https://www.funds-money.com/brent-oil/ it is all about Brent oil. I enjoyed reading it because it gave me at least a gist on what would happen this 2017, especially after Donald Trump's victory.
Member Since Oct 02, 2014   909 posts
Jan 13, 2017 at 16:21
Neutral at the moment.
Positivity
Member Since Mar 14, 2016   41 posts
Jan 20, 2017 at 15:17
The oil is in uptrend for already about a year, looking from a global perspective. It's heading towards a resistance at 56.0. Breaking it will confirm a short-term bullish trend.
Member Since Jan 08, 2017   44 posts
Feb 15, 2017 at 10:56
I think that oil will be very cheap, because of the growing business electric, 2020 year volkswagen introduce a dozen electric cars and later other companies.
vavad
forex_trader_349954
Member Since Aug 07, 2016   10 posts
Feb 21, 2017 at 15:43
Trading with commodities will always be 'a shot to the ground,' oil and gold are a clear example, and we all know that both are very profitable. Since crude oil trading is allowed online, the oil market has changed completely. And I love that! 😉
Member Since Feb 12, 2016   522 posts
Feb 23, 2017 at 09:04
Hello,
WTI is moving up and as per my expectations $55.00 would be touched soon.
ForexSignum
forex_trader_252244
Member Since May 26, 2015   112 posts
Mar 06, 2017 at 20:38

WTI slips further $53 in the cross hairs

Oil futures on NYMEX started a corrective slide after refreshing its daily high at $53.60 amid OPEC news and a stronger greenback. At the moment WTI is down 0.49% at $53.07.

According to news agency Bloomberg, Iraq stays ready to cut its output during the second half of the year in case OPEC decides to extend the deal clinched in late December. Sources also cited that Iraq believes the oil cartel will likely need to extend the output cuts beyond the original date.
Although WTI was able to close Friday in the positive area despite another rise in the number of oil rigs in the United States, it has ended the week with a weekly loss of about 1.5%. The US oil rig count rose by seven to 609 this week, according to oilfield-services giant Baker Hughes. Increasing production levels in the United States continue to put a cap on how high oil can go.


To the upside, daily high at $53.60 could be the first technical resistance followed by $54 (psychological level) and $55.40 (static level). Supports are aligned at $53 (psychological level), $52.70 (Feb. 16 low) and $52.20/00 area (horizontal level/psychological level).
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