WTI Crude Oil Trading

Non Farn payrolls coming up. +250,000 jobs expected. More than that full steam ahead for the Fed deflation plan.

Thanks. These are just Hindsight examples. I just like oil auctions. Was having a look.
Some days yes get close to that as a performance but most of the time you get 3 or 4 of those whilst having a loss a few cuts etc. you will be up greatly. The key imo is just stay strong emotionally. Easier said than done. Ha for me anyway.

I personally trade ES futures for the liquidity and the fact that there is no good oil futures brokers?? Is there any decent broker for oil futures?

Anyway I like 15 second charts or 200 volume for ES and time of day.
What pace you use for entry/risk management, I think can be a personal thing. Depends on what market you trade, your psychology, appetite for pace … basically what WONT tip you into fomo/chasing/raving lunatic haha whilst keeping your perspective of where price is (floor / ceiling / poc level, distribution etc.)

us open - Friday July 8TH
10 successful projections / trades in 2 hrs
20:1 or 30:1 or more?? possible but even with losses and misses 10:1 very doable. in 2 friggin' hours.

Heading back down below $105
SHORT it

This cot stochastics indicator is massively oversold with a reading of 0%. That's the minimum. Not only does the main trend in WTI go up until Q2 2023, but the cot stochastics indicator is bullish for the current week.
buy stop at 105.563

$90 is coming very soon.

I'm the oil whisperer, buy at $90. 200 Day Moving Average, whoosh.

Some nice trades in Asia

CPI 9.1% so Brother Jerome will come with the Super Size rate hike July 27th. Worst earnings in a long while to start reporting any day now also.
A deflationary scenario is coming to a refiner near you. In the past CPI reports oil just skyrocketed but not this time, I wonder why?
Could it be oil traders know that a commodity crushing interest rate hike is right around the corner and they don't want to be holding the bag at $96?

I went long at $95 to dump everything on Friday. Never know if Black Monday is here.

anyone like the london open test and squeeze? What a great short. 6:1 to macro liquidity.

Because of the inflation report Nomura is forecasting a full 1.0% hike. The crash all these analysts are predicting, the risk has never been higher than it is now.

Hi all, hope you made some nice trades, went uder $90 . All feels faked to me, lets see how much more squeeze will be added.
I don't hold any trades, feel like sea is quiet before the storm. Good

So just to be clear no one here intraday trades oil?
Is this more an investing in OIL CFD? ETFs group?
holding for days? weeks? or months?
Ok all good. Ill have a dip at some long term analysis.
All the same with auctions just a lot longer imo.
Just harder to manage and opportunities are far and few between. But if thats all the time you have then thats all you can do I guess.
Heres what I think HAS happened.

AND heres the Scenarios going forward I see.
Who knows. I really think it will squeeze lower at some stage. But imo it needs a discount or to accumulate a lower hold, first.
ALWAYS get the DISCOUNT like above. Long term - We at LONG discount, so buy oil, but be wary. Id say moreso be on the look out for a SHORT discount.

Back to $90 then $86

Similar Temujin, let s see if upper level will get rejected or taken. Weekly indicates bearish trend.

#CRUDEOIL / H4

Hi all, thought could be worth a sell from here, see how it goes.

Dangerous time of day to trade atm, but happy ; )