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  • OPEC+ likely to agree to cuts on condition that US joins

  • #1
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  • Apr 6, 2020 3:53pm Apr 6, 2020 3:53pm
why is that news and why does it move the market? that what they said last week!
  • #2
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  • Apr 6, 2020 3:57pm Apr 6, 2020 3:57pm
bc they need another move
  • #3
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  • Apr 6, 2020 3:59pm Apr 6, 2020 3:59pm
It's a trap
  • #4
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  • Apr 6, 2020 4:01pm Apr 6, 2020 4:01pm
BS
  • #5
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  • Apr 6, 2020 4:10pm Apr 6, 2020 4:10pm
Quoting Unicson
bc they need another move
yeah sure but my badly worded question was more about why does it has an impact, I mean is it because the algos are so badly coded that they just get "OPEC+ agree to cut" out of the message without any subtlety and so go berserk on the buy, which leads to the needed move that can be taken advantage of by the initiator of the message?
  • #6
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  • Apr 6, 2020 4:23pm Apr 6, 2020 4:23pm
Quoting KamaZ
BS
Why?
  • #7
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  • Apr 6, 2020 5:03pm Apr 6, 2020 5:03pm
is USA part of OPEC?
Why Arabs & Russia should dictate America ?
  • #8
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  • Apr 6, 2020 5:49pm Apr 6, 2020 5:49pm
My USOIL analysis and forecast. So far it has tested one support as expected.

https://youtu.be/GFGUE_WYHag
Technical Analyst & Trader @ Vikinsa
  • #9
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  • Apr 6, 2020 6:48pm Apr 6, 2020 6:48pm
Good analysis. Looking to hold the 20 day.
  • #10
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  • Apr 6, 2020 10:09pm Apr 6, 2020 10:09pm
  •  Trader#D160
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Gas going up soon! Fill up all your gas cans in the garage!
  • #11
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  • Apr 7, 2020 2:27am Apr 7, 2020 2:27am
Quoting realdream333
Good analysis. Looking to hold the 20 day.
Thanks yes. It will most probably catch short sellers again
Technical Analyst & Trader @ Vikinsa
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