Subscribewell i have not traded much on oil .. i have tried it many times .. but since i could not find much gain since my capital is not enough for tradin on oil ..
Thread: Oil
well i have not traded much on oil .. i have tried it many times .. but since i could not find much gain since my capital is not enough for tradin on oil ..
Click "BUY" when you this its "SELL" and click "Sell" when you think its "BUY"
Well Oil rolls back a little back to the same important mark of 86 dollars .. the level is very fragile, so that when playing on the north must be very careful, because not so long ago, the price just flew down .. sellers can not quite finished .. .??
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Oil has developed a very interesting situation on the hourly chart, the indicator MASD drew a double divergence, as the course came very close to the support of 86.45 when it might break the strong fall in the south to 85.00 and 83.00.
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Now oil is showing very good growth, after the breakdown of the moving average with a period of 200 went to the top of the price, there is a fastening above 86 dollars, and very well tested extensively level 76 on the reverse side, the histogram is growing ...
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Oil has really headed up strongly. It is very surprising therefore that USD has not fallen at all in this time. I think that something is not quite right - it may be the american holiday, but it seems that everything is out of sync - at least today. I think oil will continue to rise.
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Oil Forecast to See Volatility in Q3 as Growth Outlook Uncertain http://t.co/UHCMZw4J $CL_F $MACRO
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Oil was trading all day virtually unchanged, the couple is in a corrective phase after yesterday's strong growth rate close to the blue line Ichimoku, the underlying trend-north, with the resumption of growth will be buying.
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Pivot: 86.00 Our Preference: LONG positions above 86 with 88.6 & 89.5 as next targets. Alternative scenario: The downside breakout of 86 will open the way to 85.1 & 84.35. Im tech pair don`t analyse but political dolls play this great tool.
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Oil is fed like all bulls, it has shown very strong growth in the north, after which we should expect at least the southern correction in the medium term it should be expected from continued growth in the flesh, to 90.00.
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Oil continued to rise today, the price is now trading above the Ichimoku cloud and the underlying trend is now north, and the price still managed to break the strong resistance level of 85.00, the purpose I think will be around the level of 90.00.
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