WTI Crude Oil Trading

nice move...shhhh

they are still dip buying here.

Crude oil will break through in the future because US stocks will rise

Oil traders must be pricing in more action from OPEC next week. Even though a vaccine is coming that's not going to be the 'demand cure.' Demand will be lower than pre-covid levels at least until the vaccine is distributed and administered to the masses. That's not going to be until well into 2021.

It looks like we are headed back to levels prior to the Saudi/Russia oil price war earlier this year. I can't help but focus in on the lack of volume we're still seeing.

WTI went up $1.05 today but the high ATR produced a few good trades only in the later part of the day.

the build out 44.95 was size large so i was expecting it to pop size large. what i can see is more accumulation through today. so whatever the boyz have in might, it hasn't surfaced yet. i'm continuing to hold.

OPEC Meetings this weekend. crude is behaving itself given the dollar retrace. still liking this one.

WTI went down 86¢ or 2% today with a big short trade early in the session and only a few lousy long trades.

would you define " a few long trades." as in longs made with market orders?

Will the opec meeting makes oil price jump higher?

This meeting is going to make oil price jump even higher?

i remain long as the build out suggest that. we'll see.

Looking at the chart you can clearly see that the first arrow indicated to take a short trade and that trade was excellent (80 pips). The second arrow indicated to close the short trade and enter into a long trade that was lousy with a gain of 10 pips. The third arrow indicated a short trade that was also lousy with another 10 pips gain. From one arrow to the next one this strategy needs 3 bricks to break even. Because a trade entry is always after a brick has formed the trade starts with the second brick and ends when an opposite arrow is formed on an opposite color brick. This is why the first trade had 11 red bricks but the profit was 8 bricks as shown in the picture. Long and short trades are always market orders but but I use the order EA to enter into a trade. Because I live in Cyprus I missed the 80 pips trade but only got the lousy trades

WTI went up 54¢ today with a nice trade in mid-session then a few less than ideal trades.

WTI went down 46¢ and although it wasn't a good trading day using timeframe charts it was a perfect trading day using Renko 10 pips bricks.

da boyz have been absorbing contracts through this sideways period. so much so i'm long looking for a min 48.76 ish.

WTI went down 66¢ or 1% but it was a great trading day again.

crude looks good to go . missed the bottom but now finally looking bid.

43.94 was the bottom of the vol profile trading range and 48.76 ish is the top. bottom was made on v light trading. fingers crossed.

WTI went up 56¢ today and the high ATR produced good trading opportunities.