Oil

[Baqir0302]

Technical indicators are calculations which are based on the price and volume of a security. They
are used both to confirm the trend and the quality of chart patterns, and to help traders determine the
buy and sell signals.The indicators can be applied separately to form buy and sell signals, as well as
can be used together, in conjunction with chart patterns and price movement.
They can be applied separately to form buy and sell signals, as well as can be used together, in
conjunction with the market. However, not all of them are used widely by traders. The following in￾dicators mentioned below are of utmost importance for analysts and at least one of them is used by
each trader to develop his trading strategy:

Moving Average
Bollinger Bands
Relative Strength Index (RSI)
Stochastic Oscillator
Moving Average Convergence/Divergence (MACD)
RSI-Bars
ADX
Momentum
You can easily learn how to use each indicator and develop trading strategies by indicators.
Technical analysis indicators can form buy and sell signals through crossovers and divergence.
Crossovers are reflected when price moves through the moving average or when two different
moving averages cross each other.

[Nelson]

OIL

Resistance UP ^

pivot point # 64.70

1#Resistance 64.77

2# Resistance 64.89

3# Resistance 64.98

Support DOWN V

1# Support 64.44

2# Support 64.31

3# Support 64.21

[Gamechanger2020]

kal k hi uptrend ko market continue kar skta hai kuki market meh kafi upward strong movement thi kal or kafi buyers ne dominate kara hai ,
halaki abhi ek support level pe jisko market ache se test kar rha hai agar ye level break hota hai toh defintely strong up movement dikhegi is pair meh.

I predict this pair have bullish direction
I suggest to take LONG position today

time frame that is considered while making support and resistance levels – use Daily and Weekly time frame, consider the daily economic news before taking the trade.

money management is very effective for getting profits with stop loss and take profits method with current trading position.

[Version2]

Forex is a short-term trading market, where a trader aims to derive the profit from the price rate fluctuations. The maximum duration of a trade on Forex is several months, while on the stock market it may last for maximum 5-7 years. The foreign exchange market is decentralized. Various banks trade on it using different software. Most individuals simply cannot enter the interbank Forex market, as the standard trade volume here varies from $100,000 to $1 million. A dealing centre acts as an intermediary between the bank and the trader.

Money management is very effective for getting profits with stop loss and take profits method with current trading position. Remember there are risks in forex trading field so be active and be careful.
If you want become Successful Trader In Forex so could the hard work and get a knowledge and experience about forex trading.

[Qasim2523]

Cl1!
Light crude oil futuresnymex
46.88
d
usd
−1.85 (−3.80%)
market open (feb 27 11:57 utc-5)
48.73
prev
48.63
open
697.386k
volume
45.88 — 48.78
day's range

[Arifzaziz]

Forex is like a highway road. If you not ride on bus, then another is coming. If you try to ride in hurry. They you face consequences. Most of newbie traders fail because they do not have the patience required for the forex trading. You make trades every time, 24 hours a day and 5 days a week. If you have not patience. They your trader every. Face big losses and ruin your account. Every strategy required patience. We do not trade on market movements. We trade on the base of strategy. After strategy have some certain rules, before executing the trade, all the rules must be fulfilled before executing your trade. Some traders try every high to sell and low the buy. This lead to big failure. I only trade three hours a day. I wait another day to again trading. I never trade more than three hours a day. I wait the for the good entries. Some day, I do not open any trade.

[Hassinali]

Pivot, Resistance Levels and Support Levels for Oil

For Stop Loss and Trading Targets
Calculation For Trading:
Resistance Level (R3): 48.52
Resistance Level (R2): 48.50
Resistance Level (R1): 48.48
Pivot Point:
Support Level (S1): 47.42
Support Level (S2): 47.44
Support Level (S3): 47.46

[Muhammad Muhammad]

completely understand the essence of support and resistance trading strategy you should firstly know what a horizontal level is. Actually, it is a price level indicating either a support or resistance in the market. The support and resistance in technical analysis are the terms for price lows and highs respectively. The term support indicates the area on the chart where the buying interest is significantly strong and surpasses the selling pressure. It is usually marked by previous troughs. Resistance level,contrary to the support level, represents an area on the chart where sell- ing interest overcomes buying pressure. It is usually marked by previous peaks.
In case this is not so, for instance, if the support level comes down to the previous trough, it may signify that the uptrend is coming to the end or at least it is turning into a sideways trend. It is likely that trend reversal from up to down will occur. The opposite situation takes place in a downtrend; the failure of each support level to move lower than the previous trough may again signal changes in the existing trend.

[Qasimbhayo786]

Pivot, Resistance Levels and Support Levels for Oil

For Stop Loss and Trading Targets
Calculation For Trading:
Resistance Level (R3): 48.52
Resistance Level (R2): 48.50
Resistance Level (R1): 48.48
Pivot Point:
Support Level (S1): 47.42
Support Level (S2): 47.44
Support Level (S3): 47.46

[Shahnawaz148]

Forex forum is the good forum in the world. It provide us facility to earn good profit by trading on it.
I have also use this forum for invest money and make trading to earn good profit.
I have used to indicators RSI and Zigzag for signal of trading then I have made trading and earn good profit.
Note:Always Follow the making experienced with others having great knowledge about trading.