Oil

[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.

[secritforexstar]

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.

[Zaib55]

Forex is the greatest trading website to earning huge profits.
So all of friends join forex trading and earn good. I have use some good indicators to earn good profit. These indicators are
RSI
Zigzag
If indicator shows markit going up you trade on buy and if indicator shows markit going down you trading on sell to earn good profit. So forex trading is a good earning website.

[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

[Jinnah]

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.