If you look at the daily chart we can see that price happily strayed from the moving average of 50 held at 89 dollars, now I think again we go down a bit, the goals to date 80.50 dollars ... and if it is below the minimum of 76 dollars ...
Thread: Oil
If you look at the daily chart we can see that price happily strayed from the moving average of 50 held at 89 dollars, now I think again we go down a bit, the goals to date 80.50 dollars ... and if it is below the minimum of 76 dollars ...
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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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Yes indeed once again shows the southern oil movement ... 85 dollars is not foreclosed, and now the price was fixed lower, trading at levels already occurring a few hours, as if preparing to break off I think the purpose of the current situation of 82 dollars ..
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Pivot: 87.15 Our Preference: SHORT positions below 87.15 with 85.1 & 84.35 in sight.
Alternative scenario: The upside penetration of 87.15 will call for a rebound towards 88.95 & 89.5.
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i have a question , do you need some conditions to enter the oil market or it allow any one from small traders to trade on the market , and does it have the same analyzing steps or you use some thing else beside that and what about the news can it effect on it .
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I think oil prices fell too sharply too soon. It is because of this that we find the $90 level so important currently. If this level gets broken above, it looks like $100 a barrel is almost a given.
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Oil is also moved toward the south, on the market right now there is a general tendency to strengthen the dollar, and she needs to stick, the goal until 85.00, but it seems to me that this level does not become an obstacle.
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may na aaj tak oil par trading nahi ki hai kion kay mujh market kay may oil ka pair nazar he nahi ayta hai mujh pata nahi chala hai oil ka pair kis naam say hai market may.
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Oil has just managed to break through the strong level of support 86.56, and even had time to test this level but as the resistance, it seems the price will fall to the south, the goal for today I have about 85.00.
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well i have not traded much on oil .. i have tried it many times .. but since i could not find much gain since my capital is not enough for tradin on oil ..
Click "BUY" when you this its "SELL" and click "Sell" when you think its "BUY"
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