Oil

[vetman85]

As you see in my following chart, the price of the crude oil traded between a high of 103.97 and a low of 102.13, closed at 102.92. Today the commodity trades above the support line of 102.15.
Upside Scenario: A rise could be seen the levels of 103.70, then 104.50 if the the commodity remains above the support line of 102.15.
Downside Scenario: If Oil breaks below the support line of 102.15, this could send Oil into the levels of 101.20, then 100.40.

[tanibutt3]

oil ik aham currncy hai last time oil ny 95 k qareb dip lagai thi matlb jis time mn dakha tha market mai ups and downs tu chalt rhty hain lakin mjy ab lagt hai k oil 100 ko cross kry ga waha se ik achy selling hu skti hai aur yaha se hum abi filhal buy kar skty hain aur kafi profit lay skty hain

[gbp]

time frame- M30
the oil is break the support at the 102.80 and the macd indicator is giving us short signal. the price is also rejected from the pivot point at 102.96 level and moving down side. the parabolis car indicator is also showing us short signal. we can short this with the take profit at 101.75 and stop loss at the 103.00
good luck

[Mouseen]

||||||||Oil hem clear signal to sell, the price has just managed to break through the strong area of the lower 3 fractals 102.65 on 4-hour chart formed a bearish divergence and a sell signal RSI, to the bears can become horizontal support 100.70, the north will be considered only after the consolidation above 103.80.|||||||

[amnag]

today i like to sell oil @ 103.77
my stop loss of the day @ 104.05
half take profit for today @ 103.40
and further half take profit @ 103.05

---------- Post added 07-09-2013 at 05:25 AM ---------- Previous post was 07-08-2013 at 04:39 PM ----------

today i like to buy oil @ 102.88
my stop loss of the day @ 102.50
half take profit for today @ 103.22
and further half take profit @ 103.62

[gbp]

time frame- M30
the price is break the pivot point at 102.60. the macd and parabolic sar is giving us short signal. the price will try to move at the strong supporing trend line at 100.00 level. we can short this with the stop loss at 104.00 and take profit 100.00
good luck

[amnag]

today i like to sell oil @ 103.35
my stop loss of the day @ 103.55
half take profit for today @ 103.00
and further half take profit @ 102.60

[gbp]

time frame- M30
the price of the oil is moving in the side way. it has a good support at the 100.68 level and now the parabolic sar is also giving us short signal with macd indicator. the pivot point is also try to reject its up movement so we can short this pair with the take profit at 100.30 and stop loss a the 101.50
good luck

[sarfraz44]

Oil is just a major commodity in the market with the oil then i can say that we do not have to make the best outcome in the market rather it is the best outcome that will come in the market oil should be marking out the first leg of a larger correction.

[forexgroove]

Our preference: LONG positions above 99.8 with 102.1 & 102.9 in sight.
Alternative scenario: The downside penetration of 99.8 will call for 99.2 & 98.35.