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After reading several articles on the current Forex market situation, among several well known Forex web sites, you will discover that the market today is a great place to sell because we have not yet sufficiently tested the lows. You will also find that the market today is a great place to buy because the lows have held and are showing great support in this range.
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Long term movement pivot, Resistance and support levels are as follows for today date.
Current market price is at - 49.78
This currency name - Crude Oil WTI
Resistance and Target - 50.16
Support and Stop Loss - 49.40
Always follow Long time frame market trend.
Signal is Sell.
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Today i will discuss this pair......
In this pair eveverybody know about this it. upward and downward movement.. ..
I see the daily chart that indicate complete downtrend of this pair.
Exponential Moving Average (10) :
Simple Moving Average (18) :
Exponential Moving Average (28) :
Simple Moving Average (35) :
Exponential Moving Average (54) :
. The list of indicator those i uses are as follows.
Parabolic SR
moving average 10
Moving average 60
Moving average 200
MACD Future
Fibo piv-2
These indicators are Most important for me and my trading know off. Everyday i am using these indicator .and earn a good profit.
Please like my post
🌷Thanks you🎋
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Forex trading has surged in recent years, as more individuals earn their living trading and the popularity of riskier investment vehicles like hedge funds has increased. The bottom line for these investors is superior returns, and in foreign exchange four major factors create a unique investment environment:
ƒ Liquidity ƒ Leverage ƒ Convenience ƒ Cost
In no other market can you find a playing field that is so biased to the investor, at least on the surface. But to take advantage of these factors you have to be constantly aware of their downside.
Liquidity In a liquid market there is a high degree of transparency, even when large transactions change hands. The sophisticated investor understands what this means: forex attracts huge players. As a trader grows in sophistication, they understand that these huge players have significant price impact, and watch for their market entry.
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Long term movement pivot, Resistance and support levels are as follows for today date.
Current market price is at - 49.78
This currency name - Crude Oil WTI
Resistance and Target - 50.16
Support and Stop Loss - 49.40
Always follow Long time frame market trend.
Signal is Sell.
Quick reply to this message Reply With Quote Multi-Quote This Message
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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
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My specialized Investigation oil
I use scalping systems on this cash matches so I favor the brief span that is the time period M15 and M30, that is position showcase then likewise there are a few pointers that I use as the Bollinger Groups is BREAK LOW, ADX is DOWN Pattern 83.52%, Stochastic is BREAK HIGH. At that point think about the position if the market pattern is advancing toward more leads Pattern DOWN 69.5%,
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Time Frame - 4 Hour
Currency pair - Copper
Buy @ - 2.571
Stop Loss - 2.542
Take Profit - 2.596
Risk reward ratio - 1 : 3
The pair may go bullish and possible retracement uptrend. Buy dips sell high.
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Brent (D0) intraday: aim for 54.20.
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* Pivot point: 55.55
Our preference: short position below 55.55 with targets at 54.65 & 54.20 in extension.
Alternative scenario: in excess of 55.55, aim for a further increase with 56.15 & 56.60 in sight.
Comment: as long as 55.55 is not exceeded the risk of a depression of 54.65 is important.
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Today market trend:sell
Market exchanging sign rely upon a pointers*
Resistance points and Support points of market goes down
The pointers educate us concerning business sector down so do the exchanging Sell and get an enormous benefit
So could the trading in Sell and get a huge profit