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  • OPEC+ reaches deal to cut oil production: Delegate

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Added at 1:44pm
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  •  Guest
  • | IP XX.XX.41.161
Great higher petrol costs that will be great for the economy with record unemployment.
Sooo???

Who cares???

It's still going down
Gas prices where I am never went down much....
Opex, as displayed in many old astrological books, is an extinct dinosaur
Gap Up ...should open at 28++......
  •  Guest
  • | IP XXX.XX.75.103
No impact
Down goes oil!
9.7 mb is just a drop in the bucket
  •  Guest
  • | IP XXX.XXX.119.212
Expected gap?
28 or 31?
Quoting Guest
Expected gap? 28 or 31?
should open above 27++
17$ wti
euro up?
Great news, all we want is expensive petrol.
So many experts, which one should i listen to
Quoting Mr.Kebab
So many experts, which one should i listen to
Always listen to yourself.
Attached Image (click to enlarge)
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As expected, minimal impact.
expected 30+ open
filled up for $1.49USD/GAL $.99 would be sweet! and would sure increase the burning of oil and rubber
Quoting ahmad333
expected 30+ open
Who told you that ?
  •  Guest
  • | IP XX.XX.159.70
A Happy Easter Sunday to everyone,
At the end of the day, you need to learn how to analyze the market and use your charts and "Price Action" to decide how to trade every week.
You must take responsibility for the management of your capital. Our number one job is to protect our capital and only take "High Probability" trades that can Reward you two or more multiples of the risk you take.
If you look at the Daily chart for OIL, you will see that the market is in a Bullish reversal heading up to close the Gap at $35.00, which happens to be the Daily D extension.
Buy Oil at today's price of $23.17
Place Stop at $19.20
Target $ 35.00
Have a great week
PS: If you learn how to trade the technical setups, you will eventually become a profitable trader.
Trading is a ZERO SUM game. The educated traders take the money from the uneducated traders.
  •  Guest
  • | IP XX.XXX.132.222
There is no $23.17 price now
  •  Guest
  • | IP XXX.XXX.146.10
So 2 or 3 dollor gap up then down or we wait to see if market wants to go higher or low
Any thoughts on the effects of the production cut on s&p500 futures might be?
Quoting mga35
Any thoughts on the effects of the production cut on s&p500 futures might be?
My guess is right away the markets might open flat to high. But all that means nothing it is going to come down at some point.
oil gap up because pre usdcad is down
Quoting Hetal.Mehta
{quote} My guess is right away the markets might open flat to high. But all that means nothing it is going to come down at some point.
Means you can take profit and re-enter trade
  • Post #27
  • Quote
  • Edited at 4:03pm Apr 12, 2020 3:30pm | Edited at 4:03pm
that will be what anticipates the drop in stocks US market, which with 16 million US claimants, not reflected in the market this week because the downtrend was only making a correction despite it
The cut is much less than what people were looking for. 20 mil was the anticipated figure.
Quoting Mr.Kebab
{quote} Means you can take profit and re-enter trade
Got in short on Friday. Let's see how that goes. :-)
  •  Guest
  • | IP XXX.XX.224.125
How it will affect usdcad??
this will be a real test of supply and demand economics if not the ultimate test

can they control the price simply by restricting the supply?

worked for Saudi back in 1974 when they were the only crack dealer in town

now many countries will sell at any price, many countries are self sufficient now

or do traders control the price with their technicals as they were accused of when it went to $100?

sit back and watch the show and most of all, watch the PRICE
The total cut between opec plus and the G20 and buying from the IEA will be 19-20 million bpd- sources #OOTT Twitter
Quoting mubinirl
Markets have to go up & down for MM's to make money. News are just a trigger to show people that the moves are not manipulated. A deal on oil is imminent!
This was 6 hours before this news had broken..
oil sellers' accounts will be awful after opening!!! good for buyers.
it will open above 27 and simply keep going up to 31 and perhaps 35.
Gap expecting Around 28-30+
Quoting mga35
Any thoughts on the effects of the production cut on s&p500 futures might be?
I t has a positive effect on it. Dow and S$P500 will go up on monday. daily chart for two both are bullish.
Quoting Guest
How it will affect usdcad??
based on daily chart it will fall 1.37 and then perhaps 1.36
  •  Guest
  • | IP XXX.XX.171.216
Australia, one of the importer may get an impact. looks like time to short aud usd pair
My thought
1. Buy oil
2. Buy cad
3. Sell jpy
4. Sell xau
After reading all of the analysis here, I have decided that OIL will either go Up or Down.
It's upon BIG BOYS....just follow...tc.
Quoting Micc23
After reading all of the analysis here, I have decided that OIL will either go Up or Down.
LOL... let me go long or short
41.76 That is that target for the coming week. Why? The fundamental and the technical are in agreement. Technically look at the weekly chart of USoil it is has been retracing up.
I am not expecting a big gap, let's see !!
Opening of market is showing not a big gap ahead..let see how much that gap is...
Quoting Guest
A Happy Easter Sunday to everyone, At the end of the day,...
...allowing asshole "guests" to comment on this forum is one of the worst things about FF.
FED printing to infinity and now these Oil cuts which mean nothing to the market means bullish . 100$ oil next year . Get on those LEAPS
Hahahhahahahha that lifted like 40 pips
HAHAHAH my ass 40 XD
What a bunch of clowns spent the whole Easter week-end to blabblabla about some useless stuff and couldn’t bring oil up half-a-dollar hahahahhahah OPEX
Quoting sniper619
As expected, minimal impact.
Thank you.
Hahahahahhahahhahahhaha oil went negative 🐿🐿
The market didn’t buy this big load of a truck of
In my life I have been frauded by the opec delegates thousands of times. Always do the opposite
Seems like manipulation at its best lets see how low it goes before spike up
Hahaha perfect crap trap.
You haven't lived until you've seen this

https://brrr.money

Try it until you get the music too

I'm dying laughing

Soooo let's see if that props the miserable economy ... I say not. Down
Old news chat:

Quoting sadeghi
{quote} when there was the oil war between Russia and Saudi WTI had formed a bottom at 20$.... !! it doesn't make any sense to me. anyway, we'd better wait and see.
Bla bla

Noone cares what it WAS.😳😳

We care what misery is TODAY.👎

Noooo demand...
Nooo storage space....


Soooo??
8 - 11 dollars a barrel here we come!!

What's your argument??
Quoting Tony112
Hahahaahahhahahhaha oil went negative 🐿🐿:. e:
No Tony. Not yet

You mean oil is red.

Negative.... Someday....

Of course red. My post above...

And sentiment is RETAIL Sheep 88% long
Now YOU aaaaallll traders tell me which way the price will be driven by liars banksters??

I don't know  👎 😂😉🙄
Mystery. LOL
Here's a hint for the above mystery
Attached Image
Quoting Not-KPMG
Old news chat: {quote} Bla bla Noone cares what it WAS. We care what misery is TODAY. Noooo demand... Nooo storage space.... Soooo?? 8 - 11 dollars a barrel here we come!! What's your argument??
I totally disagree with your oil price.Bro oil is going up.Demand will soon come after lockdown.
Quoting louisfx
{quote} I totally disagree with your oil price.Bro oil is going up.Demand will soon come after lockdown.
Yours is not definite forecast bro?
WHEN??? 3 Months???

Let's say oil about 27 today.....

I say going towards 11.

Boy up there said towards 35...? .

What you guys say???
Quoting lakhan
FED printing to infinity and now these Oil cuts which mean nothing to the market means bullish .
100$ oil next year . Get on those LEAPS
Good joke.

I envy your endless optimism

Why 100 oil?? Why not 5000 dollars??
LOL
oil will go up because it is the big boys that are managing it now . Russia and Saudis and USA want it up ,then up .
This corona virus will not last for ever . people are getting sick of this lockdown .and people wants to get back to work . social distancing will be repected and that it . who lives lives and Who dies dies . you cannotlock down the globe . this is madness .
Sell Oil @ current price —> 28.37 / 19.24 ...
I wonder what kind of stop hunt they do when London opens
Quoting Not-KPMG
Old news chat: {quote} Bla bla Noone cares what it WAS. We care what misery is TODAY. Noooo demand... Nooo storage space.... Soooo?? 8 - 11 dollars a barrel here we come!! What's your argument??
it's currently 29$
what are they doing?!!! they fixed may contract price but raised june contract price
it was interesting, the most traders are still following may contract and say why it didn't react!!!
Quoting Not-KPMG
Old news chat: {quote} Bla bla Noone cares what it WAS. We care what misery is TODAY. Noooo demand... Nooo storage space.... Soooo?? 8 - 11 dollars a barrel here we come!! What's your argument??
ypu don't know how to speak yet sadly, before leraning how to trade you should go to some classes to learn how to speak.
look at your chart stupid man, it opened at 29 and went to 30. as i predicted before, go away if you cant speak politely.
Quoting Tony112
Hahahahahhahahhahahhaha oil went negative 🐿🐿
man look at june contract not may contract, it went to 30$, the most traders i met were like you, they fixed may contract price and raised june contract price, go check it,
OIL is following technical exactly as expected. Fundamentals did not change much of it:
Inserted Video
Quoting Not-KPMG
{quote} Good joke. I envy your endless optimism Why 100 oil?? Why not 5000 dollars?? LOL
I’d love to see oil at 10$ and SPY 150 and my pension -50% but this is the FED/Trump/KSA . They’ll do whatever it takes to prop this bubble into the stratosphere so I’m joining on the ride. 5000$ Oil would be fantastic on my calls xx
Quoting sadeghi
{quote} ypu don't know how to speak yet sadly, before leraning how to trade you.... Blaaa.... you cant speak politely.
LOL

Bubula, i don't need to speak full sentences for people like you. It's useless

And i don't trade oil trash.

And you can cry and whine all day about Chart Chaaaart....🙉🙉

Money move the price, not some Chaaart. And money , like demand , like retail sheep says DOWN 😨😭😭
  • Post #76
  • Quote
  • Edited at 9:24am Apr 13, 2020 9:04am | Edited at 9:24am
Quoting sadeghi
{quote} ypu don't know how to speak yet sadly, before... y.
LOL

Bubula, i don't want to speak with you.... after all this disrespect

Just like I didn't need to speak to your mommy.... She's fine woman 👏. ... and you bite me like this ??? Noooot good
Quoting Onewaytrader
I wonder what kind of stop hunt they do when London opens
London does THE BEST stop hunt.

The best ratings cut

The best fake news...print money...
Quoting Not-KPMG
{quote} Good joke. I envy your endless optimism Why 100 oil?? Why not 5000 dollars?? LOL
End of my nightshift this morning on my own (in a PRINT WORKS BELIEVE IT OR NOT) Clicked the meme just hilarious that really cheered me up! Im still giggling. I'm such a child.
The expected effect seems not to have started because of the of the crippled demand for oil.as a result of lock down arising nfrom coronavirus pandemic but be sure that oil will go up . It is just a question of time.
Quoting 4for4
Sell Oil @ current price —> 28.37 / 19.24 ...
TP was reached on 15-Apr-2020 ...
  •  Guest
  • | IP XX.XXX.55.168
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