Oil

opening any position, every trader has to determine whether to open a BUY or SELL position. If you want to buy the base currency and sell the quoted currency, this means that you are expecting the base currency to rise so as to sell it back at higher price. Such positions are used to be known as Long positions. In contrast, if you want to sell the base currency for buying a quote currency, this means that you want the base currency to fall in price so as to buy it at a low- er price. Such positions are known to be as Short positions. So, keep in mind, that Buy=Long and Sell=Short.
When speaking about the prices of the currencies, we have already mentioned that they are called rates. Anyway, it is very important to mention that in Forex every quotation has
two prices- Bid Price and Ask Price. These pairs are usually denoted by a slash where at front stands the rate of Buy, and after- the rate of Sell, such as . The bid price is the price at which the broker is ready to buy the base currency for the quote one, while the ask price is the price at which the company is selling the base currency for the quote one. So it can be understood that the concepts of buying and selling in relation to you are actually “reversed.” Buying and selling in this formulation is not per- formed by you, but by the party offering you a quotation. More precisely saying, if you need to buy a base currency, you can do it by Ask price, while selling, you need to do it through Bid price.

Oil futures rose slightly in Asian trading Wednesday as U.S. policymakers gave traders hope the world�s largest economy is making progress toward averting the fiscal cliff.

On the New York Mercantile Exchange, light, sweet crude futures for February delivery added 0.02% to USD88.42 per barrel in Asian trading Wednesday. Crude traded as high as USD88.50 per barrel and as low as USD88.34.

Also today, pleased and oil, it has managed to break through the very strong upper zone of fractals - resistance 88.15 this breakthrough was another signal in favor of the north and open virtually unimpeded path further north up to the 93.00 figure, just opened another purchase, still far below the 88.00 .

RAW Petroleum pattern searching for the bearish in light of the fact that the it,s moving time is in the sell and additional time in the sell and contact the low point,s and now it,s time to is in the purchase mode it is presently at the price,s is 49.80 and it,s obstruction level is 57.30 $ .Cruide Oil according to me to me frail and I accept that it will move for the bearish side for the assistance focal point of the 60.00$ underneath this level exchanging thought respects to Crude oil during the present week dear middle people in the event that we see the case of this sets than we see that the model.

A.o.A
dear freind i am new in forex forum but i know forex is the best earning website in the world .if u have experince in trading u make big profit .
i use zigzag graf
nd Rsi graf
i alwyas use this and gain good and huge profit .if u loss thin u stop this .

Oil trend strongly Bearish

1 Support 64.45
2 Support 63.40
3 Support 62.20

1 Resistance 64.90
2 Resistance 65.60
3 Resistance 65.95

opening any position, every trader has to determine whether to open a BUY or SELL position. If you want to buy the base currency and sell the quoted currency, this means that you are expecting the base currency to rise so as to sell it back at higher price. Such positions are used to be known as Long positions. In contrast, if you want to sell the base currency for buying a quote currency, this means that you want the base currency to fall in price so as to buy it at a low- er price. Such positions are known to be as Short positions. So, keep in mind, that Buy=Long and Sell=Short.
When speaking about the prices of the currencies, we have already mentioned that they are called rates. Anyway, it is very important to mention that in Forex every quotation has
two prices- Bid Price and Ask Price. These pairs are usually denoted by a slash where at front stands the rate of Buy, and after- the rate of Sell, such as . The bid price is the price at which the broker is ready to buy the base currency for the quote one, while the ask price is the price at which the company is selling the base currency for the quote one. So it can be understood that the concepts of buying and selling in relation to you are actually “reversed.” Buying and selling in this formulation is not per- formed by you, but by the party offering you a quotation. More precisely saying, if you need to buy a base currency, you can do it by Ask price, while selling, you need to do it through Bid price.

Copper- currency Trade pair.
Today forex signal - Buy
Support 3 - Support 2 - Support 1.
49.59 - 49.79 - 50.02
Resistance 1 - Resistance 2 - Resistance 3.
50.45 - 50.65 - 50.88
Time frame that is considered while making support and resistance levels - Daily and weekly Time frame
Consider the daily economic news before taking the trade.

Winning signals - Profit signals.
Today Target Pair - Crude Oil WTI
Today main profit zone .
51.56 - 52.95 - 53.88
Today main support zone.
46.92 - 48.31 - 49.24
Follow my trades with risk management in mind.
Always make profit - calculate the profit at month end.

Usoil
cfds on crude oil (wti)
49.78
usd
−0.30 (−0.61%)
market open (feb 26 03:17 utc-5)
50.09
prev
50.09
open
124.166k
volume
49.57 — 50.41
day's range