WTI Crude Oil Trading | Page 566 | 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

  • #11,301
  • Jan 31, 2024 4:22am Jan 31, 2024 4:22am
I'm seeing a break of structure in the H4 chart. Instead of $84 it looks like we are heading to $74.
Be humble or be humbled.
  • #11,302
  • Jan 31, 2024 5:16am Jan 31, 2024 5:16am
long 76.94
  • #11,303
  • Jan 31, 2024 5:20am Jan 31, 2024 5:20am
Quoting Temujin
I'm seeing a break of structure in the H4 chart. Instead of $84 it looks like we are heading to $74.
today is a tough day to read the market imo

crude oil inventories

FOMC

end of month

i'm trading london and hope to be flat by nyse open

prices are unstable at this time

good luck
  • #11,304
  • Jan 31, 2024 5:26am Jan 31, 2024 5:26am
Quoting FT.Trader
{quote} today is a tough day to read the market imo crude oil inventories FOMC end of month i'm trading london and hope to be flat by nyse open prices are unstable at this time good luck
The Non farm payrolls Friday also. We should have a good draw down based on the 2.5 million draw from the API data but the stock market in general is topping. Lots of layoffs reported during this earnings season.
Be humble or be humbled.
  • #11,305
  • Jan 31, 2024 5:30am Jan 31, 2024 5:30am
Quoting FT.Trader
{quote} today is a tough day to read the market imo crude oil inventories FOMC end of month i'm trading london and hope to be flat by nyse open prices are unstable at this time good luck
yes I agree, got some scalps but atm flat.
will check oil later but will probably trade it tomorrow
90% of traders use TA, indicators and prediction
  • #11,306
  • Jan 31, 2024 5:35am Jan 31, 2024 5:35am
Quoting Temujin
{quote} The Non farm payrolls Friday also. We should have a good draw down based on the 2.5 million draw from the API data but the stock market in general is topping. Lots of layoffs reported during this earnings season.
i forgot about nfp on friday

scalps sound like a good idea
  • #11,307
  • Jan 31, 2024 7:49am Jan 31, 2024 7:49am
Quoting FT.Trader
long 76.94
out 77.16

flat
  • #11,308
  • Jan 31, 2024 1:54pm Jan 31, 2024 1:54pm
short 76.00 march
  • #11,309
  • Jan 31, 2024 9:20pm Jan 31, 2024 9:20pm
Quoting FT.Trader
short 76.00 march
short add 76.38
  • #11,310
  • Feb 1, 2024 11:30am Feb 1, 2024 11:30am
Quoting FT.Trader
{quote} short add 76.38
add to short 76.75 march
  • #11,311
  • Feb 1, 2024 11:50am Feb 1, 2024 11:50am
Quite a smash. Was there news?
Life itself is a privilege, but to live life to the fullest is a choice
  • #11,312
  • Feb 1, 2024 11:59am Feb 1, 2024 11:59am
Quoting vidvad
Quite a smash. Was there news?
Wow. Ceasefire and lower lows.
I am glad I entered longs on competition account, when checked I was +4k , 5 mins later bang bang.
  • #11,313
  • Feb 1, 2024 11:59am Feb 1, 2024 11:59am
Quoting FT.Trader
{quote} add to short 76.75 march
Nice
  • #11,314
  • Feb 1, 2024 12:22pm Feb 1, 2024 12:22pm
Quoting FT.Trader
{quote} add to short 76.75 march
cover 74.41

nice gain!

weekly s1 is 74.29
  • #11,315
  • Feb 1, 2024 12:30pm Feb 1, 2024 12:30pm
Quoting FT.Trader
{quote} cover 74.41 nice gain! weekly s1 is 74.29
i made last month and this month today!
  • #11,316
  • Feb 1, 2024 1:51pm Feb 1, 2024 1:51pm
Quoting FT.Trader
{quote} add to short 76.75 march
well done!
I was long, didn’t see it coming.

btw … do we know if there was a reason on this cruel move?
90% of traders use TA, indicators and prediction
  • #11,317
  • Edited 8:34pm Feb 1, 2024 1:56pm | Edited 8:34pm
Quoting FT.Trader
{quote} i made last month and this month today!
I missed this one.

For who trades FX, do you know how can I get (access) to a chart like this (with Order Flow in)?
Attached Image (click to enlarge)
Click to Enlarge Name: tw.png Size: 54 KB
  • #11,318
  • Feb 2, 2024 1:52am Feb 2, 2024 1:52am
Paused at $74, is this the end?
Next support just below $72
Daily
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20240202-074857~2.png Size: 20 KB
  • #11,319
  • Feb 2, 2024 4:32am Feb 2, 2024 4:32am
Quoting Jolita
Paused at $74, is this the end? Next support just below $72 Daily {image}
hey
yes I also noticed that support around middle 71.
I'm studying charts
what I see atm is price need to b/o this hourly pattern to give any further continuation be it up or down
Attached Image (click to enlarge)
Click to Enlarge Name: oil2.png Size: 16 KB

and here is main view but not completed I gave a quick view earlier today
Attached Image (click to enlarge)
Click to Enlarge Name: oil.png Size: 35 KB
90% of traders use TA, indicators and prediction
  • #11,320
  • Feb 2, 2024 4:35am Feb 2, 2024 4:35am
Quoting AlxT
{quote} I missed this one. For who trades FX, do you know how can I get (access) to a chart like this (with Order Flow in)? {image}
that's tradingview.com
so you will have to check there
90% of traders use TA, indicators and prediction
8 traders viewing now