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Its post from locky........
Who tell you about the importance of the trading pair.......
As this pair we know that .it is the most important pair for trading in daily routine..
Its movement up and dowm shown its importance than compare others.
I am doing trading on this pair . After the analysis of moving arevages . Parabolic SR.
And also Use MACD trend analysis . . It always gives me much of profitable trades ...
Good luck for your trading........
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Today OIL current rate : 51.78
Today by observing all the routine of the market carefully i have come to know that the most
suitable and the most profitable selling point will be 50.89
and today the most profitable buy point will be 52.04
I hope you will follow my signals
good luck
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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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Pivot Point 55.98
1 Resistance 56.52
2 Resistance 55.85
3 Resistance 55.39
1 Support 55.44
2 Support 55.11
3 Support 54.57
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Today market trend is sell
After doing fundamental analysis or technical analysis the market today sport
or resistence showing trade in sell position
according indiactor zigzag parabolic and sport resistence
in time frame h1 and h4 market touch
resistence 1 level and again retrace down so i sajjust to open sell trade
and make huge profit so must use stoploss and take profit
Warning : when you take small risk and save you account otherwise you face big loss
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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.
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Time Frame - 4 Hour
Currency pair - Copper
Buy @ - 2.579
Stop Loss - 2.565
Take Profit - 2.595
Risk reward ratio - 1 : 3
The pair may go bullish and possible retracement uptrend. Buy dips sell high.
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A fast and easy way to analyze Currencies Oil
Technical analysis gauges display real-time ratings for the selected timeframes.
The summary for Euro Fx/U.S. Dollar is based on the most popular technical indicators —
Moving Averages, Oscillators and Pivots. Results are available at a quick glance.
Set the take profit at the price :56.67
Exponential Moving Average Buy 63.2%
Simple Moving Average Buy 69.1%
Exponential Moving Average Buy 55%
Relative Strength Index Buy 64.7%
Stochastic Buy trend 67.1%
Commodity Channel Index Buy Trend 47%
Average Directional Index Buy Trend 68%
Awesome Oscillator Also show buy trend
Momentum show 71% Buy trend
MACD Level Show 57% Buy trend
so i suggest this pairs Trend is buy Because mostly pairs show BULLISH Trend
so please set the Stop lose And Take profit and also be important Resistance
and supporting level, Money management also be important rule in the trading
business ,,Thanks all forum user,,,
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Fundamental and Technical Analysis of Oil
i am watching some indicators en main jo es pair ka trend chal raha hai
wo buy main chal raha hai or ap log ese buy kr sakte hain stop lose or
take profit ke sath save trading kr sakta hain ,,,
these indicators best indicator so for in the trading history ,,
Indicator Signal
SMA 20 Buy
SMA 50 buy
SMA 100 Buy
MACD Buy
RSI (14) Buy
Stochastic Neutral
Simple Moving Average Buy
Technical Indicators - Oscillators Buy
ap log es point se trading enter kr sakte hain,,56.41
or take profit es point per set kr sakte hain,,,56.83
or stop lose es point per set kr sakte hain ,,,,55.95
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Market trend of the day:buy
Current price
Previous price
Tell us about market up and all indicators give a green signal for market up
The trade of ßuy will give us a profit
Forex Trading give a chance to become 👍 Millionaire 👍