WTI Crude Oil Trading | Page 436 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

WTI/USD

Similar Threads

Reliable broker for Crude Oil trading 20 replies

making money intraday CL/WTI/OIL - no overnight holds 13 replies

WTI Crude Oil (TRENDSURFING - with the help of the model) 634 replies

Trading Oil WTI to get back all! 18 replies

Hedge WTI and Brent Oil 1 reply

Attachments: WTI Crude Oil Trading
Exit Attachments

WTI Crude Oil Trading

  • #8,701
  • Jul 10, 2020 7:48am Jul 10, 2020 7:48am
Looks like the bulls have returned. Should be an interesting day
  • #8,702
  • Jul 10, 2020 7:58am Jul 10, 2020 7:58am
Quoting Kwame Freder
Looks like the bulls have returned. Should be an interesting day
Seems to be follow the Dow pattern, if it goes down I can only see it following, that’s an if
I don't need to be good at the game, only good enough to beat my opponent,
  • #8,703
  • Jul 10, 2020 8:07am Jul 10, 2020 8:07am
Attached Image
persistence and determination alone are omnipotent
  • #8,704
  • Jul 10, 2020 12:46pm Jul 10, 2020 12:46pm
this is relentlessly bullish. any push down is met with buyers. i'm expecting the highs to be taken out sometime next week, i can't see that resistance holding
  • #8,705
  • Jul 10, 2020 12:50pm Jul 10, 2020 12:50pm
pleasantly surprised by how much copper is appreciating as well. its a good global indicator
  • #8,706
  • Jul 10, 2020 4:12pm Jul 10, 2020 4:12pm
Quoting Kwame Freder
this is relentlessly bullish. any push down is met with buyers. i'm expecting the highs to be taken out sometime next week, i can't see that resistance holding
WTI finished the week increasing by $1.47 or 4% today. In post #8,698 I stated that $40 was a major resistance level. I hope that you are right and that WTI will break that level next week.
Attached Image (click to enlarge)
Click to Enlarge Name: WTICOUSDM2.png Size: 33 KB
  • #8,707
  • Jul 11, 2020 12:31pm Jul 11, 2020 12:31pm
Quoting Kwame Freder
pleasantly surprised by how much copper is appreciating as well. its a good global indicator
Until it crashes....

All charts speak for themselves (technicals and sentiment)

Attached Image

Attached Image (click to enlarge)
Click to Enlarge Name: copper2.PNG Size: 12 KB

Attached Image

Attached Image
COT: The precious data ignored
  • #8,708
  • Jul 11, 2020 1:59pm Jul 11, 2020 1:59pm
Quoting kuroro001
{quote} Until it crashes.... All charts speak for themselves (technicals and sentiment) {image} {image} {image} {image}

Hello, where can i get this charts?

and

I would like to ask how do you interpret them, because I am really new to forex, I would like to learn.


Best Regards
Good Plan. Good Mindset.
  • #8,709
  • Jul 12, 2020 3:07am Jul 12, 2020 3:07am
Quoting Kinno
{quote} Hello, where can i get this charts? and I would like to ask how do you interpret them, because I am really new to forex, I would like to learn. Best Regards
Homemade, but from the COT report (commitment of traders report)
You can google it and find all you need, either here on FF or different websites out there
COT: The precious data ignored
  • #8,710
  • Jul 13, 2020 4:11pm Jul 13, 2020 4:11pm
WTI went down by $0.83 today. Looks like WTI is allergic to a price of $40
Attached Image (click to enlarge)
Click to Enlarge Name: WTICOUSDM2.png Size: 43 KB
  • #8,711
  • Jul 14, 2020 9:55am Jul 14, 2020 9:55am
WTI/Brent is even more allergic to any drop. Kinda tragicomical what's been happening sofar in July.
  • #8,712
  • Jul 14, 2020 10:12am Jul 14, 2020 10:12am
just have to trade the range until it breaks out. managed to buy at the bottom, as difficult as it was, for a few. they sure tried to sell the short but i hung there
  • #8,713
  • Jul 14, 2020 4:22pm Jul 14, 2020 4:22pm
WooHoo WTI went up by $0.92 barely breaking the $40 resistance. Lets see if it will continue on this path or go down as it usually does.
Attached Image (click to enlarge)
Click to Enlarge Name: WTICOUSDM2.png Size: 38 KB
  • #8,714
  • Jul 15, 2020 8:24am Jul 15, 2020 8:24am
I have a feeling the highs will be taken out today
  • #8,715
  • Edited 4:48pm Jul 15, 2020 3:52pm | Edited 4:48pm
I'm thinking Brent needs a gap fill.
Attachment gAttachment g
  • #8,716
  • Jul 15, 2020 4:15pm Jul 15, 2020 4:15pm
WTI went up by $0.57 today although trading was lousy. This is the first time since early March that it had 2 consecutive days above $40.
Attached Image (click to enlarge)
Click to Enlarge Name: WTICOUSDM2.png Size: 35 KB
  • #8,717
  • Jul 16, 2020 3:59pm Jul 16, 2020 3:59pm
Another slow trading day. Taking a long at current level, hoping to get a push up later tonight/tomorrow
  • #8,718
  • Jul 16, 2020 4:08pm Jul 16, 2020 4:08pm
Quoting Kwame Freder
Another slow trading day. Taking a long at current level, hoping to get a push up later tonight/tomorrow
WTI went down by $0.23 today. For me it wasn't a slow trading day but a no trading day. I even had to show wicks to make sense of this non-sense
Attached Image (click to enlarge)
Click to Enlarge Name: WTICOUSDM2.png Size: 44 KB
  • #8,719
  • Jul 17, 2020 11:14am Jul 17, 2020 11:14am
crappy day!
  • #8,720
  • Jul 17, 2020 3:58pm Jul 17, 2020 3:58pm
Inserted Video
persistence and determination alone are omnipotent
5 traders viewing now