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Anytime
2011-06-01, 03:26 PM
Main ye thread OIL ke discussion ke liye bana raha hain. Sabhi members ko ya post karne ke liye swagat karta hoon.

revivo
2011-06-06, 09:30 AM
Today,Initial support at 100.00 (Intraday Support) followed by 98.00 (Intraday Support). Initial resistance is now at 103.00 (Intraday resistance) followed by 105.00 (Intraday Resistance).

anubhavsingh
2011-06-09, 01:41 PM
Oil ka 101 ke paas 1 bahut strong resistance lag raha hai...
jab tak isko cross nahi karega tab tak iski buying karna thik nahi lag raha...

anubhavsingh
2011-06-18, 03:10 PM
oil kaafi time se bnahut strong chal raha tha may be because of Libiya riots..
lekin last kuch dino se oil kaafi down gaya hai..isne recently 94 ki value ko tod diya hai..
ab tak isne uptrend ka koi signal nahi diya..to lagta hai ki ye aur neeceh ja sakta hai

Victoryindia
2011-06-21, 04:30 PM
oil should be marking out the first leg of a larger correction. Shoud fade over 94(94.15) below 94.15 for 92.50 again before 96.00. I have selling position in 94.25 and will closed after 100 pips profit.

Victoryindia
2011-07-01, 02:51 PM
Initial support at 95.00 (Intraday Support) followed by 92.50 (Intraday Support). Initial resistance is now at 98.00 (Intraday resistance) followed by 100.00 (Intraday Resistance).

anubhavsingh
2011-07-10, 11:07 AM
Last 2 din ki candel ke hisab se lagta hai ki oil ka trend thdoa down side chal raha hai
94 ke as pas iska 1 chota sa support hai..i think oil 94 tak jayega uske bad uptrend me jayega

anubhavsingh
2011-07-13, 03:07 PM
oil usd pair last kuch dino se down trend me chal raha tha lekin aaj subh se isne lagatar white candles banayi hai jisse iska uptrend shuru ho gaya hai
97.00 ke paas se isse buy kiya ja sakta hai tp 99 rakh ke,,

Victoryindia
2011-07-20, 07:04 PM
Clq1nfp परिणाम तेल, 2.3 डॉलर से गिरने के बाद जो परिणाम पर बैल के लिए निराशाजनक है ... तकनीकी शब्दों में, लेकिन तेल 95.80 $ स्तर है, जहां गर्दन की लाइन सिर कंधे गठन को तोड़ने ड्रॉप करने के लिए कमरा है.

ganguly
2011-07-28, 01:29 PM
Oil going on 98, i hope it will increase and gonna reversal for 100, trhen 105 and it gonna touch 100 in coming days but after some correction, not like rocket

ganguly
2011-07-29, 01:25 PM
oil abhi thoda thanda pad gaya hai aur thode din wo aaram kareaga, jyada move nahi hoga par aaj friday hai to barosa nahi is oil ka, agar aap aaj order na kare to hi acha hoga

thank you bro i made goods profit with your signal, can you tell me what should i do now? i cant wait to open position an i want to open position

ganguly
2011-07-29, 10:53 PM
i earn 500 pips from oil, i sold at 100 and closed at 95.11 and withdraw my profit , i think now it will in upward position so thinking to buy.

ganguly
2011-07-30, 01:31 PM
what a profit u got, main ummeed karta hu mujhe bhi itna mila hota th, par main zyada long term nahi kar pata hu kyun ki mera fear hota hain

Just remove fear from ur mind, and open position for long time to get good profit specially in commodities . I always do like that and getting good profit

ganguly
2011-07-30, 10:56 PM
now dont sell oil as i think it will give some correction, but sell after it touch 97 or 08 and make good profit, by the way what was ur lot size. pls tell me

thanks bhaijaan main bhi soch raha tha ki ab 2-3 din oil me trade na karu aur iska movement tracxk karu badme hi kuch position open karu profit ke liye

ganguly
2011-07-31, 03:59 PM
oil abhi thoda thanda pad gaya hai aur thode din wo aaram kareaga, jyada move nahi hoga par aaj friday hai to barosa nahi is oil ka, agar aap aaj order na kare to hi acha hoga

ganguly
2011-07-31, 09:03 PM
Oil going on 98, i hope it will increase and gonna reversal for 100, trhen 105 and it gonna touch 100 in coming days but after some correction, not like rocket

Just remove fear from ur mind, and open position for long time to get good profit specially in commodities . I always do like that and getting good profit

gururaj
2011-08-03, 12:18 PM
I think eventually the oil will also rise because many of its debt crisis in Europe and America, and watch out for tomorrow and the next day because there is news that can make the oil move.

niteshforex
2011-08-03, 12:47 PM
Unicredit - Brent-Italian bank Unicredit raises outlook for 120 USD from 100, to Brent (2012).

Oil (September) WTI update-Oil breaks resistance 97.80 / $ 98.00 / barrel, thus opening the potential for the band, peaking at 99.50 / $ 100.00 / barrel

gururaj
2011-08-03, 09:59 PM
I think that in the next few months, the price of crude oil will sky rocket. The US which their economy control the world economy is in huge crisis, debt crisis. This will be a bad turn for worlds economy.

niteshforex
2011-08-03, 10:57 PM
Saudi Arabia is considering reduction in prices for exports of September, can cause a slowdown in Asia Commercial Bank ... expected decline in oil prices in the near future. In case of breakthrough Brent below 115 USD is expected to fall 110 USD. WTI may soon fall below 90 USD ... Morgan Stanley is still bearish on natural gas prices and the expected robust increase in production in 2012 and higher stock ..

gururaj
2011-08-04, 12:39 PM
Oil (September) WTIBlack gold tends to slide testing 93.90 / 70 USD / barrel, the breakthrough opens the potential for 92.80 / 60 USD / barrel ... possible combination of negative ISM service sector on Wednesday and Friday nonfarm Payrolls negative potential direction of the opening $ 90.00 / barrel .. first resistance at 95.50 / 70 USD / barrel.

niteshforex
2011-08-04, 01:26 PM
oil is running on 92 and it will go more down and can touch 80$ in coming days so if anyone can open short position for long term then he can get good profit

gururaj
2011-08-04, 09:58 PM
I think eventually the oil will also rise because many of its debt crisis in Europe and America, and watch out for tomorrow and the next day because there is news that can make the oil move.

niteshforex
2011-08-04, 10:47 PM
The pair is gaining ground for the fifth consecutive day supported by risk aversion and falling crude oil prices. The barrel (WTI) is trading below $90 at the lowest level since February.

gururaj
2011-08-05, 12:12 PM
oil is got mad with downtrend, just going down and down and reach low as 82.88, now just stay away with this oil or it will burn your account

niteshforex
2011-08-05, 12:44 PM
oil is got mad with downtrend, just going down and down and reach low as 82.88, now just stay away with this oil or it will burn your account

hello, i have buy oil in 85.38 and in next 10 min, it get down more then 200 pips and i am in loss now, shold i closed the position or should wait for my price to come back?

gururaj
2011-08-05, 10:23 PM
hello, i have buy oil in 85.38 and in next 10 min, it get down more then 200 pips and i am in loss now, shold i closed the position or should wait for my price to come back?

I hope u have got profit as oil got up around 600 pips , in how much pips profit did u closed or u have closed in loss? havent u used stop loss?

niteshforex
2011-08-05, 11:37 PM
I hope u have got profit as oil got up around 600 pips , in how much pips profit did u closed or u have closed in loss? havent u used stop loss?

maine to 2 pips profit me hi close kar diya kyun ki mujhe laga wapis against na chale jaaye aur close karne ke bad 5 min me 100 pips bad gaya phir mujhe bahut pastawa hua.

gururaj
2011-08-06, 12:21 PM
Anyone agree with me when i said that when oil up, EURUSD up, and When Oil Down, EURUSD down... some curious but i think that is a really fact. What you think?!?!

niteshforex
2011-08-06, 12:42 PM
we have reached 85.00 important level, and due to the heavy selloff that occured lately without any noticeable pullbacks, we expect an intraday pullback before resuming the major downside move.

gururaj
2011-08-06, 09:55 PM
Crude oil prices continue to fall according to the estimates and the time of writing this article is testing the support at 84.33. Penetrating below this level will likely result in a reduction to the level of USD 81.07/bbl. Looks very strong bearish bias even daily Stochastic and CCI has been in the area saturated sell

niteshforex
2011-08-06, 10:52 PM
Penetrating below this level will likely result in a reduction to the level of USD 81.07/bbl. Looks very strong bearish bias even daily Stochastic and CCI has been in the area saturated sell. However, if it appears bullish signals from them and the price is above 84.33, then it is possible to pullback to the resistance at 89.59.

gururaj
2011-08-07, 03:17 PM
Crude oil prices rose more than $ 1 on Monday, after United States President, Barack Obama said that Congress leaders had agreed to raise the loan limit and prevent debt default by the largest oil consumer in the world.

niteshforex
2011-08-07, 03:46 PM
oil prices fell last week amid the huge uncertainty that continued to surround markets, where slowing economic activities in the United States sparked concerns the worlds largest economy is on its way to a double dip recession

gururaj
2011-08-08, 12:02 PM
we have reached 83.00 important level, and due to the heavy selloff that occured lately without any noticeable pullbacks, we expect an intraday pullback before resuming the major downside move.

niteshforex
2011-08-08, 01:18 PM
It shows the fall of oil prices mainly during June, the upward trend during the first week of July and stability of oil prices since then with a moderate downward trend.

Victoryindia
2011-08-08, 07:03 PM
vijay malliya ne bola tha 2 month pehle ki oil 80 touch hone wala hai, aur maine 100 me sell bhi kiya tha par itna patienet nahi tha ki ruku aur 95 me close kar diya

gururaj
2011-08-08, 09:54 PM
Crude oil down to the lowest level in five last week because of fears that the economy is shaky and will prevent fuel demand in the United States. as is well known that the U.S. is the world's largest oil consumer.

gururaj
2011-08-09, 10:47 AM
Crude is firmly anchored to overall risk appetite trends, with the correlation between the WTI contract and the S&P 500 at the highest in nine months (0.78).

niteshforex
2011-08-09, 11:24 AM
nterestingly, the initial reaction of crude on better than expected US labour market data (Initial jobless claims dipped below 400 thousand for the first time since April this year) was to the downside as the news had supported the US dollar.

niteshforex
2011-08-09, 10:47 PM
All eyes are now fixated on the upcoming Federal Reserve monetary policy announcement, with a cautious recovery in S&P 500 index futures ahead of the opening bell on Wall Street hinting traders are looking for a supportive gesture from the central bank.

nilu
2011-08-10, 08:05 AM
There is some inverted hammer candle in daily chart yesterday, it may turn the direction of trend lets wait for one more daily candle confirmation.

anitagala124
2011-08-11, 12:06 PM
Oil prices have declined very sharply during August over the concerns of the US credit rating economic growth and the effect of the falls in the US stock markets

anitagala124
2011-08-11, 10:13 PM
Crude oil prices remain firmly anchored to sentiment trends, with prices closely tracking the S&P 500. Futures tracking the benchmark stock index are firmly in positive territory ahead of the opening bell on Wall Street, opening the door for profit-taking to produce a corrective rebound after yesterday’s brutal selloff across the risky asset spectrum.

anchitkole
2011-08-11, 10:46 PM
Prices continue to stall near support at $81.57, the intersection of the 23.6% Fibonacci retracement level reinforced by the lower boundary of a falling channel set from the May swing high.

nilu
2011-08-12, 01:07 AM
I missed the oppurtunity to buy when i saw hanging man candle on Tuesday daily candle, yesterdays candle also Dogi which suggested some god up movement and we saw some huge movement today.

anitagala124
2011-08-12, 11:16 AM
the door for profit-taking to produce a corrective rebound after yesterday’s brutal selloff across the risky asset spectrum. Weekly US jobless claims figures headline the economic calendar, with mixed results expected as initial applications for benefits nudge higher while extensions inch lower.

anchitkole
2011-08-12, 11:54 AM
As with oil, US weekly jobless claims figures represent the next major inflection point. Notably, the macro-level headwinds facing the global recovery remain broadly unchanged, so the path of least resistance favors risk aversion and any near-term improvement

Victoryindia
2011-08-12, 03:34 PM
Weekly US jobless claims figures headline the economic calendar, with mixed results expected as initial applications for benefits nudge higher while extensions inch lower.

anitagala124
2011-08-12, 09:58 PM
Crude oil prices remain firmly anchored to sentiment trends, with prices closely tracking the S&P 500. Futures tracking the benchmark stock index swung into positive territory in European hours having traded lower in Asia after France, Spain, Italy and Belgium imposed short-selling bans to stabilize markets.

anchitkole
2011-08-12, 10:36 PM
The reports stoked hopes Beijing would slow its efforts to slow the economy implemented to prevent overheating, thereby boosting confidence in the overall global recovery.

anitagala124
2011-08-13, 12:30 PM
Prices edged above resistance at $85.24, the 38.2% Fibonacci retracement of the 7/26-8/9 decline, exposing the 50% level at $88.18. While RSI studies continue to point to oversold conditions, the penetration higher was very narrow, so betting on strong conviction given recent volatility solely on the basis of a hairline penetration above a minor technical level seems ill-advised. Initial support is found at $81.60.

anchitkole
2011-08-13, 12:51 PM
The pickup in risk appetite bodes well for crude, hinting the WTI contract might finish a volatile week on an up note. Looking ahead, all eyes are US Retail Sales and University of Michigan Consumer Confidence figures.

anitagala124
2011-08-13, 09:29 PM
betting on strong conviction given recent volatility solely on the basis of a hairline penetration above a minor technical level seems ill-advised. Initial support is found at $81.60.

anchitkole
2011-08-14, 02:04 PM
Crude oil prices remain firmly anchored to sentiment trends, with prices closely tracking the S&P 500. Futures tracking the benchmark stock index swung into positive territory in European hours having traded lower in Asia after France, Spain, Italy and Belgium imposed short-selling bans to stabilize markets.

anitagala124
2011-08-14, 06:31 PM
Prices edged above resistance at $85.24, the 38.2% Fibonacci retracement of the 7/26-8/9 decline, exposing the 50% level at $88.18.

anchitkole
2011-08-14, 08:00 PM
betting on strong conviction given recent volatility solely on the basis of a hairline penetration above a minor technical level seems ill-advised. Initial support is found at $81.60.

anitagala124
2011-08-15, 12:31 AM
The pickup in risk appetite bodes well for crude, hinting the WTI contract might finish a volatile week on an up note. Looking ahead, all eyes are US Retail Sales and University of Michigan Consumer Confidence figures.

anitagala124
2011-08-15, 12:46 PM
Prices put in a Long-Legged Doji candlestick above support at $84.72 the 38.2% Fibonacci retracement of the rally from the March 2009 low hinting a corrective bounce is ahead. Major rising channel support-turned-resistance lines up at $92.77. Shorter term, the break above $84.91 exposes $90.62.

anchitkole
2011-08-15, 01:08 PM
oil abhi shant ho gaya hai , bahut badan badi kiya peechle week me, abhi aur rally ke liye start ho jayo par thode time ke bad

Victoryindia
2011-08-15, 04:02 PM
Crude’s break above 83.00 has been bullish for oil, but we’ve recently run into resistance at 88.00. Any pullback to 84.00/50 will be seen as a buying opportunity in expectation of another move back to 88.00.

anitagala124
2011-08-15, 07:27 PM
rude is positioned to move higher amid a broad-based pickup in risk appetite, with S&P 500 stock index futures pointingfirmly higher ahead of the opening bell on Wall Street

anchitkole
2011-08-15, 08:05 PM
second consecutive quarter to confirm a technical recession despite a slightly smaller decline than economists predicted. Rather, it seems deeply oversold conditionsare a more probable explanation.

anchitkole
2011-08-16, 12:13 AM
The European Central Bank will also announce the size of its periphery bond purchases since the policy meeting two weeks ago, giving an indication of the schemes effectiveness as well as the central banks conviction to carry it out.

anchitkole
2011-08-16, 10:55 AM
Prices put in a Long-Legged Doji candlestick above support at $84.72 – the 38.2% Fibonacci retracement of the rally from the March 2009 low – hinting a corrective bounce is ahead.

rakesh
2011-08-16, 11:22 AM
Prices took out resistance at $85.20, the 38.2% Fibonacci retracement level, to push up squarely against the 50% boundary at $88.14. A push above this juncture exposes the 61.8% Fib at $91.07. The 38.2% mark has been recast as near-term support.

anchitkole
2011-08-16, 11:34 PM
Sizing up the technical landscape, prices took out resistance at $85.20 the 38.2% Fibonacci retracement level to push up squarely against the 50% boundary at $88.14. A move above this juncture exposes the 61.8% Fib at $91.07. The 38.2% level has been recast as near-term support.

rakesh
2011-08-16, 11:59 PM
Crude prices continue to track broad-based risk appetite trends, with a pullback seemingly in the cards as S&P 500 stock index futures trade aggressively lower ahead of the opening bell on Wall Street.

anchitkole
2011-08-17, 11:03 AM
If the sit-down produces an expansion of the EFSF bailout fund, a recovery in risk appetite seems likely to lift the spectrum of sentiment-sensitive assets including the WTI contract, and vice versa.

rakesh
2011-08-17, 11:35 AM
the policy meeting two weeks ago, giving an indication of the schemes effectiveness as well as the central banks conviction to carry it out. The news may prove to set the tone for sentiment at large and thereby for the WTI contract as well.

Victoryindia
2011-08-17, 06:28 PM
Crude oil is trading slightly better this week, but bullish traders seem to be taking a cautious approach to the upside. Traders seem to be taking their cues from the equity markets which are also trading tentatively.

rakesh
2011-08-17, 10:14 PM
Prices produced a bearish Hanging Man candlestick pattern below resistance at $88.14, the 50% Fibonacci retracement level, hinting the upswing from the 8/9 low may be nearing exhaustion.

sagar
2011-08-17, 10:27 PM
Alternatively, renewed upside momentum above immediate resistance exposes $91.07. As with the S&P 500, gains are seen as corrective in the scope of a larger decline.

rakesh
2011-08-18, 11:26 AM
candlestick pattern below resistance at $88.14, the 50% Fibonacci retracement level, hinting the upswing from the 8/9 low may be nearing exhaustion. Near-term support lines up at $85.20, the 38.2%

sagar
2011-08-18, 12:04 PM
Prices put in a Long-Legged Doji candlestick above support at $84.72 the 38.2% Fibonacci retracement of the rally from the March 2009 low hinting a corrective bounce is ahead.

rakesh
2011-08-18, 09:43 PM
I've seen that its price has been fallen below 77.00 USD recently. But this has been elevated close to 89.00 USD and again falling from that point. What should we expect next? Will it go lower again? Or go to upper position? Share your experience and analysis here for our learning.

sagar
2011-08-18, 10:20 PM
Crude prices continue to track broad-based risk appetite trends, with a pullback seemingly in the cards as S&P 500 stock index futures trade aggressively lower ahead of the opening bell on Wall Stree

rakesh
2011-08-19, 11:04 AM
oil 80$ jaa chuka hai aur agar ye 78 todta hai to 75$ tak jaa sakta hai aur agar ye 83 todta hai to 88 tak jaa sakta hai

sagar
2011-08-19, 11:27 AM
oil 80$ jaa chuka hai aur agar ye 78 todta hai to 75$ tak jaa sakta hai aur agar ye 83 todta hai to 88 tak jaa sakta hai

mera 86 par buy hai without stop loss aur main 76 tak hold kar sakta hu, please mujhe bola kya main abhi loss me close kar du ya phir wait karu

Victoryindia
2011-08-19, 03:35 PM
Initial support at 80.00 (Intraday Support) followed by 77.00 (Intraday Support). Initial resistance is now at 82.50 (Intraday resistance) followed by 85.00 (Intraday Resistance).

rakesh
2011-08-19, 09:45 PM
The S&P500 along with other stock indexes sharply fell yesterday: the S&P500 fell by 4.46% - the sharpest fall since August 10th (last week), during the same week

sagar
2011-08-19, 09:58 PM
S&P 500 stock index futures are pointing aggressively lower ahead of the opening bell in North America, hinting the bears may not be ready to take a break just yet.

Prices retraced 50% of the 7/26-8/9 decline, put in a bearish Shooting Star candlestick, and sank to Fibonacci extension support at $79.42.

rakesh
2011-08-20, 12:09 PM
the oil market reacts very sharply to the shifts in directions of the US stock markets. Due to the falls in US stock markets, oil prices fell very sharply yesterday. Today, the Canadian core consumer price index will be published.

sagar
2011-08-20, 08:51 PM
Prices retraced 50% of the 7/26-8/9 decline, put in a bearish Shooting Star candlestick, and sank to Fibonacci extension support at $79.42.

siddesh
2011-08-20, 09:26 PM
This barrier is reinforced by the lower boundary of a falling channel in place since early May (now at $77.63), with a break below it exposing $76.48 and $73.43. A bounce sees initial resistance at $83.07.

sagar
2011-08-21, 12:22 PM
the oil market reacts very sharply to the shifts in directions of the US stock markets. Due to the falls in US stock markets, oil prices fell very sharply yesterday. Today, the Canadian core consumer price index will be published.

siddesh
2011-08-21, 12:49 PM
Prices retraced 50% of the 7/26-8/9 decline, put in a bearish Shooting Star candlestick, and sank to Fibonacci extension support at $79.42.

sagar
2011-08-21, 06:51 PM
S&P 500 stock index futures are pointing aggressively lower ahead of the opening bell in North America, hinting the bears may not be ready to take a break just yet.

siddesh
2011-08-21, 07:19 PM
The correlation between oil and S&P500 isn't reliable but was very strong and positive in recent months including August so far. This means, as the Stock market falls, oil prices soon follow and decline as well. If the S&P500 will continue to fall today, it might further push down oil.

sagar
2011-08-22, 11:14 AM
as we can see from the chart , the pair has stated it's trading week above the level of 82 and that's mean that the up trend is expected this week and the pair might head to 83 and then 85

siddesh
2011-08-22, 11:40 AM
If a M15 close above 83$ buy only and do not sell. If price closes back below it again do nothing.

If a M15 close below 81$ sell only and do not buy. If price closes back above it again do nothing

The range 83$ and 81$ is neutral area, any trade done in between is personal decision and not part of this analysis

sagar
2011-08-22, 05:34 PM
Oil distorted by the reflection of a negative trend line EURUSD at 82.30/50 U.S. $ / barrel, so it opens up significant technological potential ... But the key would be willing to pass through the highs Friday 82.60 / 80 USD / barrel.

siddesh
2011-08-22, 06:07 PM
A shallow recovery is being mounted from here, with a break above the 23.6% Fib at $83.07 exposing the 14.6% level $85.32

jai
2011-08-22, 09:33 PM
Fell from 89.19 to Fri's 79.38 low (76.4% of 76.15/89.19) before bouncing. Scope remains for intraday resistance from 84.36/85.85 before bears possibly resume through 79.38 towards 76.15/74.89.

sagar
2011-08-23, 11:48 AM
If the US stock markets will resume their falls it will likely to affect oil prices to trade down as well. I still think that oil prices fell too sharply too soon. In the near future WTI will settle around $85-$90 mark

siddesh
2011-08-23, 12:11 PM
he news from Libya might contribute to the recent downward trend of oil prices; it might even help bring down the high premium of Brent over WTI

sagar
2011-08-23, 09:55 PM
The rebound from 38.2% Fibonacci extension support at $79.43 continues, with prices taking out the 23.6% Fib at $83.07 and now probing above the 14.6% level $85.32

siddesh
2011-08-23, 10:29 PM
Sustained upside pressure exposes the next layer of resistance at $88.15. The 23.6% Fib has been recast as near-term support.

siddesh
2011-08-24, 11:08 AM
The rebound from 38.2% Fibonacci extension support at $79.43 continues, with prices taking out the 23.6% Fib at $83.07 and now probing above the 14.6% level $85.32

siddesh
2011-08-24, 09:43 PM
Prices took out resistance at $85.32, the 14.6% Fibonacci extension level, with the door now open for an advance to the 50% retracement of the decline from the late July swing high at $88.15

siddesh
2011-08-25, 11:16 AM
If the US stock markets will resume their falls it will likely to affect oil prices to trade down as well. I still think that oil prices fell too sharply too soon. In the near future WTI will settle around $85-$90 mark

jai
2011-08-25, 09:09 PM
Crude prices decoupled from equity markets yesterday, pulling back from resistance the 23.6% Fibonacci retracement level ($85.83) to form a bearish Dark Cloud Cover candlestick pattern hinting more losses are ahead even as the S&P 500 pushed higher.

jai
2011-08-26, 11:30 AM
If a M15 close above 88 buy only and do not sell. If price closes back below it again do nothing.

If a M15 close below 86 sell only and do not buy. If price closes back above it again do nothing

The range 85 and 86 is neutral area, any trade done in between is personal decision and not part of this analysis

jai
2011-08-26, 09:58 PM
initial support is $85.59 at the 38.2% Fib, while a break above current resistance exposes 50% retracement of the decline from the drop from the August 27 swing high at $88.15.

jai
2011-08-27, 01:22 PM
Such an outcome would naturally bode well for crude, with prices bolstered along with the spectrum of growth-sensitive assets by the prospect of added support for the sagging economic recovery.

jai
2011-08-27, 08:34 PM
It is more likely to go down to around 81 or lower, and after that, it might have potentially to go up to around 87 and 90

jai
2011-08-29, 03:55 PM
If a M15 close above 88 buy only and do not sell. If price closes back below it again do nothing.

If a M15 close below 86 sell only and do not buy. If price closes back above it again do nothing

The range 85 and 86 is neutral area, any trade done in between is personal decision and not part of this analysis

amit
2011-08-29, 09:41 PM
The recent rally in the stock market might continue to pull up oil prices. In the near future, I still think that WTI price will remain around $85-$90 mark

jai
2011-08-29, 10:13 PM
If a M15 close above 87 buy only and do not sell. If price closes back below it again do nothing.

If a M15 close below 85 sell only and do not buy. If price closes back above it again do nothing

The range 87 and 85 is neutral area, any trade done in between is personal decision and not part of this analysis

jai
2011-08-30, 10:45 AM
we can notice from the chart that the pair has closed it's daily candle under 88 , that's mean the down trend is expected and the pair might head to 91 then 93 , however the pair made a hourly correction

ganguly
2011-08-30, 11:23 AM
If a M15 close above 90 buy only and do not sell. If price closes back below it again do nothing.

If a M15 close below 88 sell only and do not buy. If price closes back above it again do nothing

The range 90 and 88 is neutral area, any trade done in between is personal decision and not part of this analysis

sanjeev
2011-08-30, 12:06 PM
oil abhi 85 ki taraf chal raha hai aap buy kar sakte ho kyunki iska target 90 ki taraf hai, par stop los zarur used karna 83 tak

jai
2011-08-30, 09:43 PM
LONG positions above 85.9 with targets @ 88.2 & 89.15,even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

ganguly
2011-08-30, 10:19 PM
Crude prices decoupled from equity markets yesterday, pulling back from resistance the 23.6% Fibonacci retracement level ($85.83)

sanjeev
2011-08-30, 10:47 PM
If the US stock markets will resume their falls it will likely to affect oil prices to trade down as well. I still think that oil prices fell too sharply too soon. In the near future WTI will settle around $85-$90 mark

jai
2011-08-31, 11:20 AM
Broadly speaking, the $80-88 consolidation range in place since the beginning of the month continues to define positioning.

ganguly
2011-08-31, 11:55 AM
If a M15 close above 88 buy only and do not sell. If price closes back below it again do nothing.

If a M15 close below 86 sell only and do not buy. If price closes back above it again do nothing

The range 85 and 86 is neutral area, any trade done in between is personal decision and not part of this analysis

sanjeev
2011-08-31, 12:36 PM
The recent rally in the stock market might continue to pull up oil prices. In the near future, I still think that WTI price will remain around $85-$90 mark

ganguly
2011-08-31, 09:25 PM
intraday support around 87.5

LONG positions above 87.5 with targets @ 89.15 & 90.2.
#
The downside breakout of 87.5 will open the way to 86.5 & 85.

sanjeev
2011-08-31, 09:56 PM
prices cleared resistance at $88.15, the 50% Fibonacci retracement of the drop from the late-July swing high, with the bulls now aiming for the 61.8% level at $91.10. The 50% Fib has been recast as near-term support.

chirayu
2011-09-01, 11:37 AM
This puts the spotlight on the US ADP employment report over the coming 24 hours, with expectations calling for a 100k increase in August to mark the second consecutive month of slowing private-sector hiring.

sunil
2011-09-02, 11:26 AM
Today we've seen that Oil moved upward. Its highest position was 89.87 which is highest in the recent history. What do you traders think about its next movement? Will it cross 91.00 in recent future? Actually its movement is very fast sometimes. Need some information from the expert traders.

chirayu
2011-09-02, 11:53 AM
If a M15 close above 91 buy only and do not sell. If price closes back below it again do nothing.

If a M15 close below 88 sell only and do not buy. If price closes back above it again do nothing

The range 91 and 88 is neutral area, any trade done in between is personal decision and not part of this analysis

sunil
2011-09-02, 09:52 PM
A reversal lower from here sees initial support at a rising trend line set from the August 9 swing low, now at $84.20.

chirayu
2011-09-02, 10:32 PM
If a M15 close above 88.15 buy only and do not sell. If price closes back below it again do nothing.

If a M15 close below 86.20 sell only and do not buy. If price closes back above it again do nothing

The range 88.15 and 86.20 is neutral area, any trade done in between is personal decision and not part of this analysis

sunil
2011-09-03, 12:18 PM
Alternatively, a break higher sees resistance at a multi-month channel top established from early May ($92.35).

chirayu
2011-09-03, 12:52 PM
The technical landscape is little changed from yesterday after prices put in a second Doji candlestick below support-turned-resistance at $89.59, the June 27 wick low, pointing to indecision and hinting bullish momentum may be fading

sunil
2011-09-03, 07:41 PM
oil abhi 85 ki taraf chal raha hai aap buy kar sakte ho kyunki iska target 90 ki taraf hai, par stop los zarur used karna 83 tak

chirayu
2011-09-03, 08:15 PM
Crude is firmly anchored to overall risk appetite trends, with the correlation between the WTI contract and the S&P 500 at the highest in nine months (0.78).

chirayu
2011-09-04, 12:42 PM
Well the libys crisis has been on for a very long time now and it effects is no loner felt in the forex trading market. It is the world financial crisis in europe and U.S that is leading to the economic problems that we have in the world.

sunil
2011-09-04, 01:22 PM
The decline was quite modest as the data also showed a decrease in petroleum reserves.
At the close of NYMEX trading, WTI oil futures decreased 9 cents (0.1%) to $88.81 per barrel. At the close of ICE trading.

chirayu
2011-09-04, 06:25 PM
There is some inverted hammer candle in daily chart yesterday, it may turn the direction of trend lets wait for one more daily candle confirmation.

sunil
2011-09-04, 06:51 PM
Prices are testing major support at $75.46, the 50% Fibonacci retracement of the rally from the major post-crisis March 2009 low, with a bounce seeing the first layer of significant resistance at $84.72 (the 38.2% Fib).

chirayu
2011-09-05, 11:38 AM
I think oil price will be rise. But last trading day we've seen a slip from the region of 89.00. But lastly it showed some uptrend again. So, what can we expect today at the beginning of the market? Any idea or prediction please?

sunil
2011-09-05, 12:09 PM
If a M15 close above 88 buy only and do not sell. If price closes back below it again do nothing.

If a M15 close below 86 sell only and do not buy. If price closes back above it again do nothing

The range 85 and 86 is neutral area, any trade done in between is personal decision and not part of this analysis

chirayu
2011-09-06, 01:02 PM
The recent rally in the stock market might continue to pull up oil prices. In the near future, I still think that WTI price will remain around $85-$90 mark

sunil
2011-09-06, 01:44 PM
If a M15 close above 87 buy only and do not sell. If price closes back below it again do nothing.

If a M15 close below 85 sell only and do not buy. If price closes back above it again do nothing

The range 87 and 85 is neutral area, any trade done in between is personal decision and not part of this analysis

chirayu
2011-09-08, 07:57 PM
Prices are now testing the Flags upper boundary ($90.51), a barrier reinforced by the top of a falling channel established from May (now at $91.50). Only a break above the latter threshold would negate the broadly bearish implications of positioning.

sunil
2011-09-08, 10:33 PM
If a M15 close above 90 buy only and do not sell. If price closes back below it again do nothing.

If a M15 close below 88 sell only and do not buy. If price closes back above it again do nothing

The range 90 and 88 is neutral area, any trade done in between is personal decision and not part of this analysis

chirayu
2011-09-09, 11:56 AM
a barrier reinforced by the top of a falling channel established from May (now at $91.50). Only a break above the latter threshold would negate the broadly bearish implications of positioning.

chirayu
2011-09-13, 12:02 PM
Prices are now testing the Flag’s upper boundary ($90.51), a barrier reinforced by the top of a falling channel established from May (now at $91.50). Only a break above the latter threshold would negate the broadly bearish implications of positioning.

sunil
2011-09-13, 12:31 PM
If a M15 close above 88 buy only and do not sell. If price closes back below it again do nothing.

If a M15 close below 87 sell only and do not buy. If price closes back above it again do nothing

The range 88 and 87 is neutral area, any trade done in between is personal decision and not part of this analysis

chirayu
2011-09-13, 09:38 PM
I still think WTI will remain around $85-$90 mark and Brent around $108-$112, but during the rest of September oil prices are likely to moderately decline.

chetan
2011-09-13, 11:00 PM
मूल्य अब ध्वज की ऊपरी सीमा ($ 90.51) का परीक्षण कर रहे हैं, एक बाधा एक गिरने मई (91.50 डॉलर पर अब) से स्थापित चैनल के शीर्ष द्वारा प्रबलित. बाद सीमा से ऊपर केवल एक को तोड़ने की स्थिति मोटे तौर पर मंदी प्रभाव पड़ता नकारना होगा.

sachin
2011-09-14, 01:22 PM
The Flag is typically a continuation pattern, which in this case would argue in favor of the downside. Initial support lines up at 83.12, the 23.6% Fibonacci extension level.

sachin
2011-09-15, 12:21 PM
prices testing the top of a Flag chart formation reinforced by the upper boundary of a rising channel set from early May. Here too, the setup is hinting at bearish continuation pattern, with initial support lining up at the 23.6% Fibonacci extension level ($83.12).

chetan
2011-09-15, 12:53 PM
कीमतें 88.15 डॉलर पर प्रतिरोध को मंजूरी दे दी, देर जुलाई से ड्रॉप के 50% फिबोनैकी retracement बैल अब 91.10 डॉलर पर 61.8% के स्तर के लिए लक्ष्य के साथ उच्च स्विंग. 50% मिथ्या निकट अवधि के समर्थन के रूप में फिर से ढालना किया गया है.

sachin
2011-09-15, 10:49 PM
Oil prices changed directions again and fell yesterday, despite the ongoing rally of the US stock markets. The USD slightly depreciated against the Euro.

chetan
2011-09-15, 11:12 PM
तेल के साथ के रूप में, अमेरिकी साप्ताहिक बेरोजगार दावे के आंकड़े अगले प्रमुख मोड़ बिंदु का प्रतिनिधित्व करते हैं. विशेष रूप से, मैक्रो स्तर वैश्विक वसूली का सामना कर रहे headwinds मोटे तौर पर अपरिवर्तित ही रहेंगे, तो कम से कम प्रतिरोध का रास्ता जोखिम से बचने और किसी भी निकट अवधि के सुधार के पक्ष में

sachin
2011-09-16, 11:55 AM
there is no evidence that the libyaan crisis do some impact to the market......oil move wave by wave pattern by pattern the news can be manupulate and can be a rumors only...

chetan
2011-09-16, 12:26 PM
आगे तथापि देख रहे हैं, wti अनुबंध और s & p 500 अनुबंध के बीच संबंध मजबूत बनी हुई है और कीमत कार्रवाई के मुख्य चालक के रूप में भावना की वापसी के लिए कैलेंडर अंक पर ऊर्जा क्षेत्र विशिष्ट डेटा के अभाव.

sachin
2011-09-17, 11:50 AM
The formation of a Bearish Engulfing candlestick pattern as well as the appearance of negative RSI divergence reinforces the case for a downside scenario. Initial support lines up at $83.12, the 23.6% Fibonacci extension level.

chetan
2011-09-17, 12:20 PM
90 तेल के लिए आप एक मजबूत प्रतिरोध अंतराल राजा बहुत है पास ...
प्रहार तक नही करेगा Isko पार टैब तक थिक नही कर्ण खरीदने स्की राजा अंतराल ...

sachin
2011-09-17, 09:58 PM
RSI divergence reinforces the case for a downside scenario. Initial support lines up at $83.12, the 23.6% Fibonacci extension level.

chetan
2011-09-17, 10:23 PM
मूल्य अब ध्वज की ऊपरी सीमा ($ 90.51) का परीक्षण कर रहे हैं, एक बाधा एक गिरने मई (91.50 डॉलर पर अब) से स्थापित चैनल के शीर्ष द्वारा प्रबलित. बाद सीमा से ऊपर केवल एक को तोड़ने की स्थिति मोटे तौर पर मंदी प्रभाव पड़ता नकारना होगा.

sachin
2011-09-18, 12:34 PM
Technical positioning closely mirrors that of the S&P 500, with prices testing the top of a Flag chart formation reinforced by the upper boundary of a rising channel set from early May, a setup hinting at bearish continuation.

chetan
2011-09-18, 01:01 PM
बस उर मन से डर निकालने के लिए, और वस्तुओं में विशेष रूप से अच्छा लाभ मिल लंबे समय के लिए खुला स्थान. मैं हमेशा कि तरह करते हैं और अच्छा लाभ मिल रहा

sachin
2011-09-18, 09:04 PM
the Empire manufacturing growth metric as well as the Philadelphia Fed gauge of business confidence are both expected to show improvement in September.

chetan
2011-09-18, 09:29 PM
मैं अंततः लगता है कि तेल भी वृद्धि होगी क्योंकि इसके यूरोप और अमेरिका, में कर्ज संकट के कई और कल और अगले दिन के लिए बाहर घड़ी है क्योंकि वहाँ खबर है कि तेल चाल कर सकते हैं.

sachin
2011-09-19, 12:21 PM
I expect downtrend movement toward the major support at 83.70 $ for a barrel. All the three MA's resist the price, the other indicators do not send clear signals

akshayfuriya
2011-09-19, 01:17 PM
If a M15 close above 90 buy only and do not sell. If price closes back below it again do nothing.

If a M15 close below 85 sell only and do not buy. If price closes back above it again do nothing

The range 90 and 85 is neutral area, any trade done in between is personal decision and not part of this analysis

sachin
2011-09-19, 11:18 PM
If a M15 close above 90 buy only and do not sell. If price closes back below it again do nothing.

If a M15 close below 88 sell only and do not buy. If price closes back above it again do nothing

The range 90 and 88 is neutral area, any trade done in between is personal decision and not part of this analysis

sachin
2011-09-20, 12:09 PM
The appreciation of USD against the Euro and AUD seems to affect major commodities prices including oil prices. Currently the USD is traded up against EURO and AUD. If this trend will continue throughout the day, it may affect oil prices as well to trade down.

akshayfuriya
2011-09-20, 12:34 PM
If a M15 close above 88 buy only and do not sell. If price closes back below it again do nothing.

If a M15 close below 85 sell only and do not buy. If price closes back above it again do nothing

The range 88 and 85 is neutral area, any trade done in between is personal decision and not part of this analysis

akshayfuriya
2011-09-20, 10:11 PM
Crude prices remain closely correlated to the S&P 500, with strong gains in futures tracking the benchmark stock index ahead of the opening bell on Wall Street corresponding with gains in the WTI contract and pointing the way higher in North American trade

akshayfuriya
2011-09-21, 12:02 PM
break below this boundary exposing the 38.2% level at $80.97 and validating the longer-term bearish implications of a Flag consolidation chart pattern. Initial resistance remains at the top of a falling channel set from early May, now squarely at the $89.00 figure.

rajesh
2011-09-21, 12:33 PM
If a M15 close above 88 buy only and do not sell. If price closes back below it again do nothing.

If a M15 close below 86 sell only and do not buy. If price closes back above it again do nothing

The range 88 and 86 is neutral area, any trade done in between is personal decision and not part of this analysis

akshayfuriya
2011-09-21, 09:31 PM
As we suspected yesterday, crude prices edged higher yesterday in anticipation of the Federal Reserve monetary policy announcement due on Wednesday, with hopes running high that Ben Bernanke and company will offer another round of stimulus to bolster the shaky economic recovery.

rajesh
2011-09-21, 10:19 PM
If a M15 close above 88 buy only and do not sell. If price closes back below it again do nothing.

If a M15 close below 86 sell only and do not buy. If price closes back above it again do nothing

The range 88 and 86 is neutral area, any trade done in between is personal decision and not part of this analysis

akshayfuriya
2011-09-22, 11:47 AM
The scheme refers to a twisting of the yield curve a process meant to lower long-term interest rates by directing the Feds reinvestment of proceeds from securities already on its balance sheet toward bonds with maturities further out into the future

rajesh
2011-09-22, 12:11 PM
If a M15 close above 86 buy only and do not sell. If price closes back below it again do nothing.

If a M15 close below 85 sell only and do not buy. If price closes back above it again do nothing

The range 86 and 85 is neutral area, any trade done in between is personal decision and not part of this analysis

akshayfuriya
2011-09-22, 10:23 PM
there is little on tap to dislodge bearish momentum over the near term. A daily close below support at $84.61, the 23.6% Fibonacci extension level, exposes the next downside barrier at $80.97 (the 38.2% Fib).

ketan
2011-09-23, 12:15 PM
il prices lower by extension. S&P 500 stock index futures are pointing aggressively lower – down over 2 percent ahead of the opening on Wall Street

rajesh
2011-09-23, 12:42 PM
If a M15 close above 83 buy only and do not sell. If price closes back below it again do nothing.

If a M15 close below 82 sell only and do not buy. If price closes back above it again do nothing

The range 83 and 82 is neutral area, any trade done in between is personal decision and not part of this analysis

ketan
2011-09-23, 09:48 PM
Prices took out the 38.2% Fibonacci extension support at $80.97 and are now testing the 50% level at $78.03, with sharp losses on S&P 500 stock index futures ahead of the opening bell on Wall Street pointing to continued selling as the WTI contact continues to fall in line

rajesh
2011-09-23, 10:15 PM
If a M15 close above 80 buy only and do not sell. If price closes back below it again do nothing.

If a M15 close below 78 sell only and do not buy. If price closes back above it again do nothing

The range 80 and 78 is neutral area, any trade done in between is personal decision and not part of this analysis

ketan
2011-09-24, 11:19 AM
A break below current support exposes the 61.8% Fib at $75.09, while the 38.2% level has been recast as near-term resistance.

rajesh
2011-09-24, 12:11 PM
there is no evidence that the libyaan crisis do some impact to the market......oil move wave by wave pattern by pattern the news can be manupulate and can be a rumors only.

ketan
2011-09-24, 09:50 PM
crude prices edged higher yesterday in anticipation of the Federal Reserve monetary policy announcement due on Wednesday, with hopes running high that Ben Bernanke and company will offer another round of stimulus to bolster the shaky economic recovery

rajesh
2011-09-24, 10:37 PM
I expect downtrend movement toward the major support at 73.70 $ for a barrel. All the three MA's resist the price, the other indicators do not send clear signals

ketan
2011-09-25, 01:49 PM
A break below current support exposes the 61.8% Fib at $75.09, while the 38.2% level has been recast as near-term resistance

rajesh
2011-09-25, 02:37 PM
Initial support at 80.00 (Intraday Support) followed by 77.00 (Intraday Support). Initial resistance is now at 82.50 (Intraday resistance) followed by 85.00 (Intraday Resistance).

vikas
2011-09-25, 07:57 PM
WTI contact continues to fall in line with broad-based risk sentiment trends. A break below current support exposes the 61.8% Fib at $75.09, while the 38.2% level has been recast as near-term resistance.

rajesh
2011-09-25, 08:24 PM
The pickup in risk appetite bodes well for crude, hinting the WTI contract might finish a volatile week on an up note. Looking ahead, all eyes are US Retail Sales and University of Michigan Consumer Confidence figures.

vikas
2011-09-26, 12:25 PM
there is no evidence that the libyaan crisis do some impact to the market......oil move wave by wave pattern by pattern the news can be manupulate and can be a rumors only.

aniket
2011-09-26, 01:02 PM
oil kaafi time se bnahut strong chal raha tha may be because of Libiya riots..
lekin last kuch dino se oil kaafi down gaya hai..isne recently 84 ki value ko tod diya hai..
ab tak isne uptrend ka koi signal nahi diya..to lagta hai ki ye aur neeceh ja sakta hai

vikas
2011-09-26, 08:57 PM
Prices are finding a bit of support, with a Doji candlestick above support at the 50% Fibonacci extension level ($78.03) hinting a bounce may be ahead.

aniket
2011-09-26, 09:44 PM
oil abhi thoda thanda pad gaya hai aur thode din wo aaram kareaga, jyada move nahi hoga par aaj monday hai to barosa nahi is oil ka, agar aap aaj order na kare to hi acha hoga

vikas
2011-09-27, 12:15 PM
with expectations calling for a modest improvement in September from the preceding month that ought to reinforce the likelihood of a near-term upward retracement. Initial resistance stands at $80.97, with a break above that exposing $84.61.

aniket
2011-09-27, 12:47 PM
If a M15 close above 80 buy only and do not sell. If price closes back below it again do nothing.

If a M15 close below 78 sell only and do not buy. If price closes back above it again do nothing

The range 80 and 78 is neutral area, any trade done in between is personal decision and not part of this analysis

vikas
2011-09-27, 09:55 PM
rude prices are sailing higher along with S&P 500 stock index futures ahead of the opening bell on Wall Street as the upward correction across the spectrum risky assets continues.

aniket
2011-09-27, 10:47 PM
If a M15 close above 83 buy only and do not sell. If price closes back below it again do nothing.

If a M15 close below 80 sell only and do not buy. If price closes back above it again do nothing

The range 80 and 83 is neutral area, any trade done in between is personal decision and not part of this analysis

vikas
2011-09-28, 12:37 PM
the upside is capped by the 23.6% Fibonacci extension at $84.61, with a break above that targeting the top of a falling channel set from early May at $87.92.

netra
2011-09-28, 01:11 PM
If a M15 close above 83 buy only and do not sell. If price closes back below it again do nothing.

If a M15 close below 81 sell only and do not buy. If price closes back above it again do nothing

The range 81 and 83 is neutral area, any trade done in between is personal decision and not part of this analysis

aniket
2011-09-28, 09:52 PM
Crude oil prices bounced as expected amid a broad-based recovery in risk appetite. The rise may run into resistance going forward however as S&P 500 stock index futures point to weakness in late Asian trade

netra
2011-09-28, 10:21 PM
Near-term support stands at $80.97, the 38.2% Fib. US Durable Goods Orders figures headline the economic calendar, but the recent focus on EU debt woes hints that sentiment may get its bearing from the outcome of perenniall

aniket
2011-09-29, 01:01 PM
ooking ahead, the focus on the EU debt fiasco will put a spotlight on Italy as it sells 9 billion euro in new debt spread across 2014-2022 maturities

netra
2011-09-29, 01:29 PM
If a M15 close above 84 buy only and do not sell. If price closes back below it again do nothing.

If a M15 close below 82 sell only and do not buy. If price closes back above it again do nothing

The range 84 and 82 is neutral area, any trade done in between is personal decision and not part of this analysis

aniket
2011-09-29, 09:07 PM
Crude has already retraced over 50% of the decline from 9050 and additional resistance comes in at 8489-8540 (former support and 61.8% retracement of the decline

netra
2011-09-29, 09:34 PM
If a M15 close above 84 buy only and do not sell. If price closes back below it again do nothing.

If a M15 close below 83 sell only and do not buy. If price closes back above it again do nothing

The range 84 and 83 is neutral area, any trade done in between is personal decision and not part of this analysis

netra
2011-09-30, 12:36 PM
On the technical front, prices reversed lower from resistance at $84.16, the 23.6% Fibonacci extension level, to form a Bearish Engulfing candlestick pattern and break back below the 38.2% level $80.97. The bears now aim to challenge the 50% Fib at $78.03.

netra
2011-09-30, 08:44 PM
Oil prices are likely to end the week slightly recovering from the sharp falls they have endured last week. Oil along with the US stock market rose during most of the week

arihant
2011-10-01, 09:15 PM
oil stockpiles bounced back last week by 1.1 million barrels to 1,775.1 million barrels; this shift came after an eight consecutive week rise in stockpiles.

arihant
2011-10-02, 08:53 PM
the decrease in the USD against major currencies also helps oil prices recover. I speculate that WTI will remain around $80-$85 and Brent around $105-$110 to end September.

nikhil
2011-10-02, 09:32 PM
crude prices edged higher yesterday in anticipation of the Federal Reserve monetary policy announcement due on Wednesday, with hopes running high that Ben Bernanke and company will offer another round of stimulus to bolster the shaky economic recovery

arihant
2011-10-03, 12:04 PM
The cautious optimism regarding European policymakers approving the new bailout plan may keep fueling the market gains during the day

nikhil
2011-10-03, 12:35 PM
If a M15 close above 80 buy only and do not sell. If price closes back below it again do nothing.

If a M15 close below 77 sell only and do not buy. If price closes back above it again do nothing

The range 80 and 78 is neutral area, any trade done in between is personal decision and not part of this analysis

arihant
2011-10-03, 10:04 PM
A longer term look at crude reveals a clear bear trend as long as price is below 9049. A break below 7570 would shift focus to the May 2010 low at 6717, Fibonacci extension at 5976 and channel support.

nikhil
2011-10-03, 10:43 PM
If a M15 close above 78 buy only and do not sell. If price closes back below it again do nothing.

If a M15 close below 77 sell only and do not buy. If price closes back above it again do nothing

The range 78 and 77 is neutral area, any trade done in between is personal decision and not part of this analysis

arihant
2011-10-04, 11:49 AM
An extremely bearish count treats the decline from 9049 as a series of 1st and 2nd waves (valid as long as price is below 8473). 7960 is short term resistance.

nikhil
2011-10-04, 12:12 PM
If a M15 close above 78 buy only and do not sell. If price closes back below it again do nothing.

If a M15 close below 76 sell only and do not buy. If price closes back above it again do nothing

The range 78 and 76 is neutral area, any trade done in between is personal decision and not part of this analysis

arihant
2011-10-04, 09:50 PM
Crude oil prices remain on the defensive, with the WTI contract following the broad-based selloff across the spectrum of risky assets after a summit of EU finance ministers in Luxembourg offered no meaningful progress on resolving the regional bloc’s sovereign debt crisis.

nikhil
2011-10-04, 10:20 PM
If a M15 close above 77 buy only and do not sell. If price closes back below it again do nothing.

If a M15 close below 74 sell only and do not buy. If price closes back above it again do nothing

The range 77 and 74 is neutral area, any trade done in between is personal decision and not part of this analysis

arihant
2011-10-05, 12:30 PM
On the technical front, prices are sinking to support at the 61.8% Fibonacci extension level at $75.09. A break below this boundary exposes the 76.4% Fib at $71.45. Near-term resistance lines up at $78.03, the 50% level.

nikhil
2011-10-05, 12:57 PM
If a M15 close above 78 buy only and do not sell. If price closes back below it again do nothing.

If a M15 close below 76 sell only and do not buy. If price closes back above it again do nothing

The range 78 and 76 is neutral area, any trade done in between is personal decision and not part of this analysis

arihant
2011-10-05, 09:54 PM
Optimism appears to be driven by comments from EU Commissioner Olli Rehn as quoted in the FT, where he seems to hint that policymakers are plotting a coordinated recapitalization of the regions banks.

nikhil
2011-10-05, 10:21 PM
If a M15 close above 78 buy only and do not sell. If price closes back below it again do nothing.

If a M15 close below 73 sell only and do not buy. If price closes back above it again do nothing

The range 78 and 73 is neutral area, any trade done in between is personal decision and not part of this analysis

arihant
2011-10-06, 12:02 PM
bullish Piercing Line candlestick pattern above support at 75.09, the 61.8% Fibonacci extension level. Positive RSI divergence reinforces the case for an upside scenario. Initial resistance stands at 78.03, the 50% Fib, with a breakout higher targeting the 38.2% level at 80.97.

nikhil
2011-10-06, 12:34 PM
If a M15 close above 80 buy only and do not sell. If price closes back below it again do nothing.

If a M15 close below 76 sell only and do not buy. If price closes back above it again do nothing

The range 80 and 76 is neutral area, any trade done in between is personal decision and not part of this analysis

arihant
2011-10-06, 09:55 PM
The ISM Non-Manufacturing reading is also on tap and is likewise expected to show deterioration. Weekly DOE inventory figures round out noteworthy event risk.

nikhil
2011-10-06, 10:39 PM
If a M15 close above 82 buy only and do not sell. If price closes back below it again do nothing.

If a M15 close below 80 sell only and do not buy. If price closes back above it again do nothing

The range 82 and 80 is neutral area, any trade done in between is personal decision and not part of this analysis

arihant
2011-10-07, 12:21 PM
Since an overwhelming majority of US workers work in service industries (76.8 percent according to estimates published by the CIA), that ought to be a good reflection of what happened economy-wide.

nikhil
2011-10-07, 12:48 PM
If a M15 close above 83 buy only and do not sell. If price closes back below it again do nothing.

If a M15 close below 81 sell only and do not buy. If price closes back above it again do nothing

The range 83 and 81 is neutral area, any trade done in between is personal decision and not part of this analysis

arihant
2011-10-07, 09:58 PM
Expectations call for the world’s top economy to add 55,000 jobs in September, keeping the unemployment rate at 9.1 percent.

nikhil
2011-10-07, 10:25 PM
On the technical front, prices are sinking to support at the 61.8% Fibonacci extension level at $75.09. A break below this boundary exposes the 76.4% Fib at $71.45. Near-term resistance lines up at $78.03, the 50% level.

arihant
2011-10-08, 11:41 AM
Crude has already retraced over 50% of the decline from 9050 and additional resistance comes in at 8489-8540 (former support and 61.8% retracement of the decline

nikhil
2011-10-08, 12:09 PM
Oil prices are likely to end the week slightly recovering from the sharp falls they have endured last week. Oil along with the US stock market rose during most of the week

nikhil
2011-10-08, 09:23 PM
An extremely bearish count treats the decline from 9049 as a series of 1st and 2nd waves (valid as long as price is below 8473). 7960 is short term resistance.

patil
2011-10-08, 10:08 PM
कीमतें 88.15 डॉलर पर प्रतिरोध को मंजूरी दे दी, देर जुलाई से ड्रॉप के 50% फिबोनैकी retracement बैल अब 91.10 डॉलर पर 61.8% के स्तर के लिए लक्ष्य के साथ उच्च स्विंग. 50% मिथ्या निकट अवधि के समर्थन के रूप में फिर से ढालना किया गया है.

nikhil
2011-10-09, 01:46 PM
Expectations call for the world’s top economy to add 55,000 jobs in September, keeping the unemployment rate at 9.1 percent

patil
2011-10-09, 02:11 PM
क्रूड मजबूती समग्र जोखिम भूख प्रवृत्तियों के लिए लंगर wti और नौ महीनों में सबसे अधिक (0.78) में अनुबंध एस एंड पी 500 के बीच सहसंबंध के साथ.

hiren
2011-10-09, 08:05 PM
An extremely bearish count treats the decline from 9049 as a series of 1st and 2nd waves (valid as long as price is below 8473). 7960 is short term resistance.

patil
2011-10-09, 10:57 PM
उम्मीदें दुनिया के शीर्ष अर्थव्यवस्था के लिए कॉल करने के लिए सितंबर में 55,000 नौकरियों को जोड़ने के लिए, बेरोजगारी की दर 9.1 प्रतिशत पर रखने

hiren
2011-10-10, 12:21 PM
On the technical front, prices put in a Spinning Top candlestick below support-turned-resistance at $83.65, pointing to ebbing bullish conviction after a three-day rally and hinting that a reversal may materialize.

hiren
2011-10-10, 09:55 PM
Alternatively, upward continuation through immediate resistance targets a multi-month channel top at $85.84.

hiren
2011-10-11, 12:51 PM
A break above this level would materially shift the bias from bearish to neutral, with a subsequent break above $90.50 needed to establish an overtly bullish tone.

kamla
2011-10-11, 01:39 PM
If a M15 close above 85 buy only and do not sell. If price closes back below it again do nothing.

If a M15 close below 84 sell only and do not buy. If price closes back above it again do nothing

The range 85 and 84 is neutral area, any trade done in between is personal decision and not part of this analysis

hiren
2011-10-11, 09:58 PM
reporting season and shares tracking closely the S&P 500, so signs of weakness that reflect the larger global economic slowdown may prove to weigh on confidence at large.

kamla
2011-10-11, 10:22 PM
If a M15 close above 85 buy only and do not sell. If price closes back below it again do nothing.

If a M15 close below 84 sell only and do not buy. If price closes back above it again do nothing

The range 85 and 84 is neutral area, any trade done in between is personal decision and not part of this analysis

patil
2011-10-11, 11:23 PM
कीमतें 88.15 डॉलर पर प्रतिरोध को मंजूरी दे दी, देर जुलाई से ड्रॉप के 50% फिबोनैकी retracement बैल अब 91.10 डॉलर पर 61.8% के स्तर के लिए लक्ष्य के साथ उच्च स्विंग. 50% मिथ्या निकट अवधि के समर्थन के रूप में फिर से ढालना किया गया है

hiren
2011-10-12, 11:20 AM
Prices put in a Spinning Top candlestick below resistance at the top of a falling channel set from early May, pointing to ebbing conviction behind bullish momentum and hinting a reversal lower may be ahead. Initial support lines up at $83.65, with a break below that exposing $79.58.

kamla
2011-10-12, 11:44 AM
If a M15 close above 86 buy only and do not sell. If price closes back below it again do nothing.

If a M15 close below 84 sell only and do not buy. If price closes back above it again do nothing

The range 86 and 84 is neutral area, any trade done in between is personal decision and not part of this analysis

patil
2011-10-12, 12:37 PM
आईएसएम पढ़ने गैर विनिर्माण नल पर भी है और इसी तरह गिरावट दिखाने की उम्मीद है. साप्ताहिक डो सूची के आंकड़े उल्लेखनीय घटना जोखिम बाहर दौर.

hiren
2011-10-12, 10:13 PM
sharply inclined by 2.93% to $85.41/b; Brent also rose by 2.61% to $105.87/b; during October WTI rose by 4.32% and Brent by 3.04%.

hiren
2011-10-13, 12:06 PM
OPEC's oil production slightly slipped by 77 thousand bbl/d in September to 29,896 thousand bbl/d. Libya's oil production was still very low at 96 thousand bbl/d compared with an average of nearly 1.6 million bbl/d back in 2010.

kamla
2011-10-13, 12:29 PM
If a M15 close above 86 buy only and do not sell. If price closes back below it again do nothing.

If a M15 close below 84 sell only and do not buy. If price closes back above it again do nothing

The range 86 and 84 is neutral area, any trade done in between is personal decision and not part of this analysis

hiren
2011-10-13, 10:56 PM
The setup points to ebbing conviction behind bullish momentum and hints a reversal downward may be ahead. Initial support lines up at $83.65, with a break below that exposing $79.58.

kamla
2011-10-13, 11:21 PM
If a M15 close above 85 buy only and do not sell. If price closes back below it again do nothing.

If a M15 close below 83 sell only and do not buy. If price closes back above it again do nothing

The range 85 and 83 is neutral area, any trade done in between is personal decision and not part of this analysis

hiren
2011-10-14, 11:52 AM
Futures tracking the benchmark equity index are pointing lower in overnight trade, hinting at the return of risk aversion and threatening to weigh on the WTI contact.

kamla
2011-10-14, 12:20 PM
If a M15 close above 86 buy only and do not sell. If price closes back below it again do nothing.

If a M15 close below 84 sell only and do not buy. If price closes back above it again do nothing

The range 86 and 84 is neutral area, any trade done in between is personal decision and not part of this analysis