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Yes ajj kal oil ki prices kafi uper hain eis liye trader ko chahiye k kafi soch samajh kr trade krey keun
k oil market ka trend kafi speed sey uper jaa raha hai eis mein buy ki bid lagana he fayadey mund
rahe ga mein tou trader ko buy ki bid ki advice doon ga
Oil continues to trade within fletovogo side channel (daily chart), there was a retreat from its upper limit (Zone fractals 90.00) and now is the southern continuation of the formation of sliding door stop waves on the hourly chart the price went up to the area of moving an alligator on them and expect to continue to reduce the South .
Oil worked fine retreat from the horizontal resistance 90.20, now the price is sure to fixed below 89. figures, the main task now bears will break the resistance 88.50 and below it will be strengthened, it will be another signal to sell (and signal the resumption of the South-wave) and open the way to a figure of at least 88.00.
I see that in this forum also member can discuss or making sharing about trading oil and so on, not only forex mainly in currency trading. I do not trade since I I was a trader until now about oil, gold or silver. Although, I am interested in to trade them one day but before starting to trade oil and so on, could anyone explain about the sam and or the difference about trading in the oil for example and currency?Quote:
Originally Posted by revivo
oil prices found support well when SMA 50 push it to bounce up wads , while we rely on trades within the ascending channel
http://i48.tinypic.com/muxy4l.gif
The oil is trading in a very narrow range near the upper channel resistance while the RSI shows a negative divergence in lower time frame but i am hesitation to go short the oil in such low volume trading. So at this point i remain stay away from the pair for the rest of the day.
Got into shopping by oil price broke through the still strong upper zone of fractals and managed to strengthen above 90.00 figure, the time schedule and the resulting consolidation of note new support 90.70 (Zone 2 lower fractals) + alligator slide show signal 3 lines signal the continuation of the northern growth.
i think in market 98 to 99,a few days before it,s going down but maybe in after some days it,ll be increase,
Oil seems about to fall down again, a few hours ago the price broke through the short-term upward channel and just beginning to break through the support of 90.50, RSI - showed a sell signal on the 4 hour chart also shows that the pair went to a retreat from the oblique medium level.
Now you can safely stand on sale of oil, the price went to the top of the long-term channel, having stood next to her and pulled to the south, that is interesting about it is also moving, and 200 + more divergence MASD on 4 hour chart, the goal until the middle of the channel - Support 88.30 .