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  • #1,121
  • May 10, 2019 9:13am May 10, 2019 9:13am
Quoting valter
Good day all the afternoon on eurusd out with only couple of ticks
Some movement in the last couple of days but It's been really slow lately
All charts/ideas based on UK time zone
  • #1,122
  • May 10, 2019 9:23am May 10, 2019 9:23am
Quoting detector
Quiet today on the board, EDIT Opened buy on the Dow 25486 EDIT Closed 25533
D, thanks for the heads up

I traded the Dow for 62 sneaky points you made my day
Attached Image
All charts/ideas based on UK time zone
  • #1,123
  • May 10, 2019 9:33am May 10, 2019 9:33am
Quoting detector
{quote} Hello Valter, it's always pleasing to hear +ve results, whether big or small.
hello D
yes above b.e. is always better than below it
  • #1,124
  • May 10, 2019 9:37am May 10, 2019 9:37am
Quoting sponge
{quote} Some movement in the last couple of days but It's been really slow lately
eurusd has lost half of its volatility in the last months
oil today wasn't better
  • #1,125
  • May 10, 2019 10:07am May 10, 2019 10:07am
Quoting valter
{quote} eurusd has lost half of its volatility in the last months oil today wasn't better
Cfd Indices could be a great addition. SPX DOW DAX
persistence and determination alone are omnipotent
  • #1,126
  • May 10, 2019 10:12am May 10, 2019 10:12am
Quoting sponge
{quote} Trying out a new approach trading EU at over bought/sold areas I get clear entry/exit signals, if the signal is lost I close. The thinking is if it moves against me it should be limited because of the ob/os conditions. Results quite good so far but Mr Sod is never far away ha {image}
Looks really good.

This can be a highly effective strategy if you can tolerate some adverse moves before the good moves. What is your measure of ob/os?
  • #1,127
  • May 10, 2019 10:13am May 10, 2019 10:13am
UNITED STATES BAKER HUGHES US OIL RIG COUNT FELL FROM PREVIOUS 807 TO 805
persistence and determination alone are omnipotent
  • #1,128
  • May 10, 2019 1:22pm May 10, 2019 1:22pm
Quoting sponge
{quote} D, thanks for the heads up I traded the Dow for 62 sneaky points you made my day {image}
Excellent, I actually dipped in twice around that time and came away with a few pips more, seeing now I may have called the bottom Lol, nevertheless, an extra smile to go into the weekend with.
EDIT
25486-26000(high)
I don't need to be good at the game, only good enough to beat my opponent,
  • #1,129
  • May 10, 2019 2:23pm May 10, 2019 2:23pm
End-of-week update: WTI May contract

The last 3 days of the week saw a range-bound mean line, but some intrepid Fellow Oilers made some gains.
Attached Image (click to enlarge)
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  • #1,130
  • May 11, 2019 2:29pm May 11, 2019 2:29pm
USoil open with gap down again with the tarrifs news that came out today?
  • #1,131
  • May 11, 2019 11:48pm May 11, 2019 11:48pm
Quoting timingchain
{quote} Looks really good. This can be a highly effective strategy if you can tolerate some adverse moves before the good moves. What is your measure of ob/os?
Yes especially if the trade has good profits and then reverses with no signal. I have a feeling that might be the case on the latest trade.
I use a custom indicator with MT4 I can't say much more at the moment.
All charts/ideas based on UK time zone
  • #1,132
  • May 12, 2019 2:52am May 12, 2019 2:52am
Quoting timingchain
End-of-week update: WTI May contract The last 3 days of the week saw a range-bound mean line, but some intrepid Fellow Oilers made some gains. {image}
Caught between WPP & WS1 for me. It's coiling up. Accumulation happening but we'll have to wait to see who has the stronger hand.
Attached Image (click to enlarge)
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Focus.
  • #1,133
  • May 12, 2019 11:18pm May 12, 2019 11:18pm
We could get direction from a break of 62/61.53

Short 61.82 at the moment
All charts/ideas based on UK time zone
  • #1,134
  • May 13, 2019 1:15am May 13, 2019 1:15am
Aiming for a potential short @ 62,5x area.
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 34 KB
persistence and determination alone are omnipotent
  • #1,135
  • May 13, 2019 1:31am May 13, 2019 1:31am
Quoting Ll1979
Aiming for a potential short @ 62,5x area. {image}
I am TPing same level
Entered long half way between today bottom and your level, that is to say in the middle of an established range
I am not proud of my entry level but luck was on my side, sl@be+10
Edit: cashed 1/2
  • #1,136
  • May 13, 2019 1:36am May 13, 2019 1:36am
I'm down 43 points this morning.

I think 62.58 is the target, more upside if it breaks
All charts/ideas based on UK time zone
  • #1,137
  • Edited 1:57am May 13, 2019 1:45am | Edited 1:57am
Quoting valter
{quote} I am TPing same level Entered long half way between today bottom and your level, that is to say in the middle of an established range I am not proud of my entry level but luck was on my side, sl@be+10 Edit: cashed 1/2
Edit: cashed 1/4
Edit: cashed last 1/4
I was simply lucky today
  • #1,138
  • May 13, 2019 2:05am May 13, 2019 2:05am
Breaking even now

I think we may be on the 3rd wave of 5...62.58 key
Attached Image
All charts/ideas based on UK time zone
  • #1,139
  • May 13, 2019 4:48am May 13, 2019 4:48am
Crude Oil: Geopolitical events/risks are boosting prices - Westpac
13 May 2019, 11:16

Justin Smirk, analyst at Westpac, points out that the global crude oil market is now facing a number of geopolitical stand offs including the US versus Iran, US versus President Maduro in Venezuela and a potential civil war in Libya.

Key Quotes
“US waivers on Iran embargos allowed Iran to export around 1.2 million bbl/d and their removal would move the market to a more balanced position. These supply risks come as lower OPEC production offset strong growth in non-OPEC resulting in a net gain of one million barrels per day in crude supply this year.”
“Crude prices recovered from a low of $50/bbl early this year to just above $70/bbl in early May as supply tightened. There were some economic concerns in early 2019 pointing to weaker support for the growth in oil demand but these have eased holding crude around US$70/bbl.”
“Our forecast for 2019 has been nudged to US$68 from US$65 as we now expect crude to hold US$70 to September before easing back to US$65 by year end.”
persistence and determination alone are omnipotent
  • #1,140
  • May 13, 2019 5:21am May 13, 2019 5:21am
Houston we have a trade war

China said to raise tariffs on $60 billion US goods from June 1
13 May 2019, 15:18

According to the latest headlines floating on the wires, China is said to raise import tariffs on 2493 items - amounting to $60 billion worth of US goods ranging from 5% to 25% starting June 1st.
The Global Times Editor-in-chief further reported that China may stop purchasing US agricultural products and energy, reduce Boeing orders and restrict US service trade with China. Many Chinese scholars are discussing the possibility of dumping US Treasuries and how to do it specifically.
persistence and determination alone are omnipotent
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