WTI Crude Oil Trading | Page 457 | 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

  • #9,121
  • Dec 22, 2020 4:20pm Dec 22, 2020 4:20pm
Quoting Kwame Freder
its been crappy manipulated sideways action for new york session. inventory data may move it
WTI went down $1.06 with an average ATR that produced only winning trades. I also wondered why this sucker had gone up while the inventory has only been increasing since 15 November.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: WTICOUSDM12.png Size: 40 KB
Click to Enlarge Name: Inventory.png Size: 12 KB
  • #9,122
  • Edited 10:30am Dec 23, 2020 9:17am | Edited 10:30am
"at the top of the range now with inventory numbers coming out i'm expecting a drop"

no drop looks like its heading to $50
  • #9,123
  • Dec 23, 2020 4:14pm Dec 23, 2020 4:14pm
Quoting Kwame Freder
"at the top of the range now with inventory numbers coming out i'm expecting a drop" no drop looks like its heading to $50
I think that the drop will come but not today. WTI went up $1.28 today with a high ATR that basically produced only one trade on the upside.
Attached Image (click to enlarge)
Click to Enlarge Name: WTICOUSDM12.png Size: 34 KB
  • #9,124
  • Dec 24, 2020 3:47pm Dec 24, 2020 3:47pm
WTI went up only 24¢ today with a below average ATR that produced 4 good trades in a shortened session.
Attached Image (click to enlarge)
Click to Enlarge Name: WTICOUSDM12.png Size: 34 KB
  • #9,125
  • Dec 28, 2020 4:14pm Dec 28, 2020 4:14pm
WTI went down 58¢ or 2% today but it was a good trading day with those ups and downs.
Attached Image (click to enlarge)
Click to Enlarge Name: WTICOUSDM12.png Size: 41 KB
  • #9,126
  • Dec 29, 2020 4:19pm Dec 29, 2020 4:19pm
WTI recovered a little going up 40¢ but the low ATR did not produce good trades. In any case it's the worst trading week of the year.
Attached Image (click to enlarge)
Click to Enlarge Name: WTICOUSDM12.png Size: 40 KB
  • #9,127
  • Dec 30, 2020 8:10am Dec 30, 2020 8:10am
WTI falling hard.
Attached Image
We must learn who is gold, and who is gold plated
EventsTrader Live All Time Return: 54.4%
  • #9,128
  • Dec 30, 2020 8:40am Dec 30, 2020 8:40am
Quoting EventsTrader
WTI falling hard. {image}
just to the other side of the range. inventory numbers coming out in a bit too
  • #9,129
  • Dec 30, 2020 9:49am Dec 30, 2020 9:49am
Quoting Kwame Freder
{quote} just to the other side of the range. inventory numbers coming out in a bit too
Quite the reversal. It started before the data but the huge draw triggered it even higher.
Attached Image
We must learn who is gold, and who is gold plated
EventsTrader Live All Time Return: 54.4%
  • #9,130
  • Dec 30, 2020 10:15am Dec 30, 2020 10:15am
Quoting EventsTrader
{quote} Quite the reversal. It started before the data but the huge draw triggered it even higher. {image}
My goodness. Seems my posts are a good contrarian indicator today.
Attached Image
We must learn who is gold, and who is gold plated
EventsTrader Live All Time Return: 54.4%
  • #9,131
  • Dec 30, 2020 10:21am Dec 30, 2020 10:21am
i suspect they have no intention of moving wti anywhere of significance, its just wild swings to catch traders (break out) out
  • #9,132
  • Edited Dec 31, 2020 7:37am Dec 30, 2020 4:20pm | Edited Dec 31, 2020 7:37am
Today is totally the opposite of yesterday. WTI went up only 23¢ with a low ATR that produced good trades. The inventory decrease of 4.79 million barrels had only a little effect on the price at least for today.

Sorry I posted the wrong WTI chart here is the right one.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Inventory.png Size: 12 KB
Click to Enlarge Name: WTICOUSDM12.png Size: 47 KB
  • #9,133
  • Dec 31, 2020 1:19am Dec 31, 2020 1:19am
bottom effects but not enough yet , likely do again and again before set for Big UP!recently it got life breaking limit 50.39 level but not enough yet , another limit 55.72 and waiting breakout towards bottom again!
Attached Image(s) (click to enlarge)
Click to Enlarge Name: BRENTWeekly.png Size: 32 KB
Click to Enlarge Name: BRENTMonthly.png Size: 35 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #9,134
  • Dec 31, 2020 12:13pm Dec 31, 2020 12:13pm
As I suspected nothing much happening. Hope we get some big moves next month/year. Happy new year!
  • #9,135
  • Dec 31, 2020 4:19pm Dec 31, 2020 4:19pm
Quoting Kwame Freder
As I suspected nothing much happening. Hope we get some big moves next month/year. Happy new year!
Happy New Year to you and to all oil traders. WTI went up 12¢ today with a below average ATR that produced only one worthy trade.
Attached Image (click to enlarge)
Click to Enlarge Name: WTICOUSDM12.png Size: 47 KB
  • #9,136
  • Jan 4, 2021 7:07am Jan 4, 2021 7:07am
Even with crude flirting with pushing pass $50, it feels like a big drop may come first. May just stay out of the market and wait and see
  • #9,137
  • Jan 4, 2021 4:21pm Jan 4, 2021 4:21pm
Quoting Kwame Freder
Even with crude flirting with pushing pass $50, it feels like a big drop may come first. May just stay out of the market and wait and see
WTI flirted with $50 today reaching a high of $49.68 before dropping like a stone ending the day with a $1.05 loss.
Attached Image (click to enlarge)
Click to Enlarge Name: WTICOUSDM12.png Size: 33 KB
  • #9,138
  • Jan 4, 2021 4:23pm Jan 4, 2021 4:23pm
Quoting Hutch
{quote} WTI flirted with $50 today reaching a high of $49.68 before dropping like a stone ending the day with a $1.05 loss. {image}
I think it will drop further.
  • #9,139
  • Jan 4, 2021 5:43pm Jan 4, 2021 5:43pm
Why is WTI dropping so much at this time of year? New to trading it.
  • #9,140
  • Jan 5, 2021 9:39am Jan 5, 2021 9:39am
if opec news doesn't push it pass $50, it will probably fall again
5 traders viewing now