Attachments: WTI Crude Oil Trading

WTI Crude Oil Trading

#4,341
Oct 9, 2019 1:49pm Oct 9, 2019 1:49pm

detector
Joined Dec 2017 | Status: Trader | 3,743 Posts

If the chart is to be believed, volume, or activity as I call it, is superseding the last hourly bar, understandably it's tick volume, so either we have a massive run down, or run up gradually, indicators ticked up if the hourly holds, suppose we're going to find out, good luck, D
EDIT
If it breaches 53,30 next stop 54.50+ just my opinion.

I don't need to be good at the game, only good enough to beat my opponent,

#4,342
Oct 9, 2019 2:22pm Oct 9, 2019 2:22pm

RobyTurboSS
| Membership Revoked | Joined Sep 2019 | 328 Posts

Quoting detector

Disliked

If the chart is to be believed, volume, or activity as I call it, is superseding the last hourly bar, understandably it's tick volume, so either we have a massive run down, or run up gradually, indicators ticked up if the hourly holds, suppose we're going to find out, good luck, D EDIT If it breaches 53,30 next stop 54.50+ just my opinion.

Ignored

Going to 50

#4,343
Oct 9, 2019 2:31pm Oct 9, 2019 2:31pm

auricforecas
Joined Sep 2017 | Status: Still a total mystery | 3,569 Posts

Quoting RobyTurboSS

Disliked

{quote} Going to 50

Ignored

I am so tired of this painfully reluctant (to go down) rebound that I would be pulling out at 51.70... just to have some rest from this painful stall/swing

Can you afford to take that chance?

#4,344
Oct 9, 2019 2:41pm Oct 9, 2019 2:41pm

detector
Joined Dec 2017 | Status: Trader | 3,743 Posts

Quoting RobyTurboSS

Disliked

{quote} Going to 50

Ignored

Considering your short RT, I hope you get your wish, I've said before, it's an uncomfortable situation when two different views clash, I trade what I see,don't always get it right.

I don't need to be good at the game, only good enough to beat my opponent,

#4,345
Oct 9, 2019 2:54pm Oct 9, 2019 2:54pm

RobyTurboSS
| Membership Revoked | Joined Sep 2019 | 328 Posts

We gonna be on the same side next time.

#4,346
Oct 9, 2019 2:56pm Oct 9, 2019 2:56pm

RobyTurboSS
| Membership Revoked | Joined Sep 2019 | 328 Posts

Quoting auricforecas

Disliked

{quote} I am so tired of this painfully reluctant (to go down) rebound that I would be pulling out at 51.70... just to have some rest from this painful stall/swing

Ignored

Patience will pay...is moving,don't exit too early ,let the trade boil another 12-24 hours,and put some salt on it

#4,347
Oct 9, 2019 2:56pm Oct 9, 2019 2:56pm

detector
Joined Dec 2017 | Status: Trader | 3,743 Posts

Quoting RobyTurboSS

Disliked

We gonna be on the same side next time.

Ignored

That would be good

I don't need to be good at the game, only good enough to beat my opponent,

#4,348
Oct 9, 2019 2:57pm Oct 9, 2019 2:57pm

RobyTurboSS
| Membership Revoked | Joined Sep 2019 | 328 Posts

Quoting detector

Disliked

{quote} That would be good

Ignored

Am looking to buy close to 50.

#4,349
Oct 9, 2019 2:59pm Oct 9, 2019 2:59pm

RobyTurboSS
| Membership Revoked | Joined Sep 2019 | 328 Posts

WTI lost 2% from HOD this must be a good sign

#4,350
Oct 9, 2019 3:01pm Oct 9, 2019 3:01pm

RobyTurboSS
| Membership Revoked | Joined Sep 2019 | 328 Posts

Quoting auricforecas

Disliked

{quote} I am so tired of this painfully reluctant (to go down) rebound that I would be pulling out at 51.70... just to have some rest from this painful stall/swing

Ignored

How many TE you got there lol

#4,351
Oct 9, 2019 3:02pm Oct 9, 2019 3:02pm

RobyTurboSS
| Membership Revoked | Joined Sep 2019 | 328 Posts

50% of my watch list went red ...hihihi ..i love this colour next 24 hours...am also shorting NASDAQ and GBPUSD all in profit

#4,352
Oct 9, 2019 3:10pm Oct 9, 2019 3:10pm

auricforecas
Joined Sep 2017 | Status: Still a total mystery | 3,569 Posts

Quoting RobyTurboSS

Disliked

{quote} How many TE you got there lol

Ignored

Some

There is 8 slot limit to post in the profile.. I do not trade all of them all the time...
I have one TE that is not public atm... I am in a short position for almost a week (traded in parallel also, in same TE) now and have TP set at 51.70...

Can you afford to take that chance?

#4,353
Oct 9, 2019 4:13pm Oct 9, 2019 4:13pm

timingchain
Joined Nov 2014 | Status: Trader | 613 Posts

The WTI median price stayed in the bounds constructed yesterday.

As the headwinds of the Greatest Depression approach, we forecast that, absent major war in the Middle East, oil prices will fall into the $30 to $40 range per barrel. ~Gerald Celente 20191009

Attached Image (click to enlarge)

Click to Enlarge

Name: wti_h4_20191009.png
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#4,354
Oct 9, 2019 5:31pm Oct 9, 2019 5:31pm

detector
Joined Dec 2017 | Status: Trader | 3,743 Posts

Wow, stellar fall on Chinusa news, no progress, bought in again, speculative, D

I don't need to be good at the game, only good enough to beat my opponent,

#4,355
Oct 9, 2019 5:32pm Oct 9, 2019 5:32pm

detector
Joined Dec 2017 | Status: Trader | 3,743 Posts

Quoting RobyTurboSS

Disliked

{quote} Patience will pay...is moving,don't exit too early ,let the trade boil another 12-24 hours,and put some salt on it

Ignored

You called it,

I don't need to be good at the game, only good enough to beat my opponent,

#4,356
Oct 9, 2019 5:55pm Oct 9, 2019 5:55pm

detector
Joined Dec 2017 | Status: Trader | 3,743 Posts

As someone who was opposed to being Long on WTI I can only but trade it, seemingly with new tensions arising the price at this level represents limited downside risk, it's never going to zero, news from Chinusa has had an impact on the price creating the fall, my reasons for being long is we will expect a similar occurrence when we hear good news,(just the other way) if it's to come, at these levels, somewhere around pre-tensions, it creates better value with limited risk, chart has turned and bounced but don't see a total turn down until it breaks 51, still long and managing the trade, D

I don't need to be good at the game, only good enough to beat my opponent,