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Oillong

WTI oil. Turning Up now. Be mindful of CAD pairsTrading Criteria: Regardless which way you want to trade, look for minimum five 4hr. candles in consolidation zones (yellow border boxes), or five daily candles for solid yellow boxes. If you're a pattern trader or pinbar trader, this might be useful here. Wait for the breakout of the 4hr. consolidation or daily consolidation from red border boxes to take the trade. Red border boxes are the High/Low of a consolidation period inside the consolidation zone. I usually aim for 80% of the weekly ATR (or monthly ATR for yellow solid boxes) taking profit but not always at the next yellow box. I place my stop loss above/below red border box. *These zones, with the inclusion of price action described above, have remarkable accuracy. Yellow border box: weekly consolidation zone Yellow solid box: monthly consolidation zone Red border box: High/Low breakout box (5 minimum candles) Grey solid box: monthly grid block
TVC:USOILLong
by ComteSt.Germain
1
OIL Highly Overbought After Clean BreakoutTrade Idea: LONG Breakout Trade Oil broke the trend channel yesterday along side the S&P500 and other major indexes. This indicate that the strong bearish run that started back in early October of last year, in which price fall by as much as 45%!, could finally bottomed. If this is the case consider the following trade idea. Trade Step-Up: Scenario One: Price pullbacks back to parallel support level. Look for long entry at 50.00 Scenario Two: Price pullbacks back to final support level at the edge of the previous bullish channel trend. Look for long entry between 48.50 to 48.00.
TVC:USOILLong
by EmpowerTrader
USOIL 5H Possible MTRUSOIL -0.09% is seemingly about to pull a major trend reversal on the 5H timeframe. The 6780 area resistance is the first zone that bulls need to clear to pave a way to the gap area around 6850. Currently the 5H shows a pullback formation within a bear trend. If sellers persist, they will add shorts around the aforementioned resistance area of 6780. If demand takes over, a good chance of testing the gap area. Also, USOIL -0.09% is below the 150 day EMA , this is the make or break area for longterm trend.
TVC:USOILLong
by Zoen_Trieste
USDWTI - Price has reach critical support areaUSDWTI blew through near term support last Friday and has now fallen to a critical support. Due to the importance of this price level we may see it hold where the near term support levels were not able to hold. If your a contrarian trader and believe that this key support level will give you increased probability of price holding and popping higher in the near future this may be the right time to buy. There are a lot of different strategies to go long oil, a very bullish strategy would be to go long OIL or the futures. A neutral to bullish strategy would be to sell puts in OIL or XLE to collect the high premium that the options are fetching and profit from any move higher.
FX_IDC:USDWTILong
by krugman87
Crude Oil Bullish Trend Intact - Will We See $75?Good evening traders, After we had so much of fundamental outcome for oil, I thought of making a short analysis on it. Now, you can see that oil is in an intact uptrend. An easy definition of an uptrend is when the market makes higher highs and higher lows like oil is doing. I marked the higher highs and highs lows with green boxes. After oil breaking its resistance at around 69.21, it became now new support. In most cases the market's pullback to their respective former resistance area after breaking it to the upside impulsively. That is what I am also expecting now. It can be a possibility that oil pulls back to is support area if 69.77-69.21 to test also the rising trend line. You can see in the past that the trend line was respected by the market and continued the rally. With the fundamental front supporting this view. I am confident in oil to continue its rally to the upside to at 75. But we need to understand that markets have a trending phase and a correction phase which means it will not move in one straight line up. Let's recap the 2 possibilities. 2 possibilities: - First one is the black one, this is my main view (drawn in the chart) we could see a short-term pullback to the rising trendline before the next move higher can be taken place. - Or the second one (orange line) it denies the pullback lower and breaks higher without any significant correction the 71.95 high continuing the rally. Conclusion: Short-term I am expecting a move lower but in the midterm, I am expecting Oil to rally. View will invalid once it has a daily close below the rising trendline Disclaimer: Trading is about going with the highest probability, nobody is 100% right and we need to protect ourself in case we are wrong. That is why we need to always use a stop-loss when trading. Trade with care. This my current view, and any view present is not a trading recommendation just personal view.
NYMEX:CL1!Long
by TradeFxTrends
10
USOIL - SETUP - WEEKLY CONTINUATION - 7 MAYWELCOME TO DACAPITAL TRADING!! USOIL just started moving as expected, quick Timeframe breakdown for free and everybody. 4 HOUR Last Candle closed above Previous Week High and took out all Highs forming new one. DAILY Bullish Daily Candle forming after last few days exploding price action with trend continuations. WEEKLY Following Short/Mid and Longterm Trend, very bullish Price Action over the past few Weeks with several Highs and HH/HL Structures formed. LEVELS Entry @ 70.55 SL @ 69.80 (74 Pips) TP1 @ 71.26 (RR 1.0 = 74 Pips) TP2 @ 71.64 (RR 1.5 = 110 Pips) TP3 @ 72.03 (RR 2.0 = 150 Pips) Weekly trend continuation, move SL to BE if TP1 hit and close partial Profits at every TP Level.! Enjoy our limited Free Content and Setups, leave us a like and Comment!! DACAPITAL TRADING
NYMEX:CL1!Long
by DACapitalTrading
4
US Oil LongUpdating my idea last week with a lower buy limit order around @65 and TP still @70 and SL near @64. This is based on bullish overall market sentiment on Oil and price arbitrage opportunity. www.marketwatch.com www.bloomberg.com business.financialpost.com oilprice.com oilprice.com Daily: Weekly: Confidence: B (oil is more likely to consolidate at 65 in the short-term, but in the long run it is expected to rise --except if rising US shale oil inventories disrupt the supply-demand momentum as well as fear about another 2008 market crash but this time triggered by oil once OPEC together with Russia, "artificially" boost its price up by extending the December supply limit agreement up to next year)
TVC:USOILLong
by aiza_belle
Oil possible breakout to $75 dollar ! first target $70,- dollar I invest in Crypto currencies and I trade CFD's. When you want to invest in crypto, I advise you to buy 'real coins' because on long term that will give you far more profit than speculate the chart with CFD's. I have bought XRP-Ripple, Bitcoin, Bitcoin Cash, Ethereum, ReddCoin, FeatherCoin, Adcoin ( ACC ), Bunny Token and looking for others every day! ------------------------------------------------------------------------------------------------------------------------------------------- What about my ' Cycle phenomenon' ? read here: My main strategy is called 'cycle-trading'. After years of learning and practicing after I bought a teaching-package from a visionair, I found a way of how to trade successful with CFD's on the stock-market. Every stock is following an certain cycle which repeats itself. So, movements are often appearing in the same percentage, aswel long as short. This cycles appear at all levels; when you analyse the chart at 1 month, 1 week, 1 day, 1 hour. (others I don't use). This is the case, because all in life is build by the fibonacci sequence. When you analyse the chart, you'll also see the stock market is behaving itself as the fibonacci sequence. But, still the most difficult part and what it's all about, is where does a long or a short start? and which point is telling you that the cycle is started, so that you know it will probably go to the next fibonacci resistance? .... therefore I have developed some own indicators! The exact positions of where to open, to close and the stop loss position and take profit position is very important to be successful with trading! My strategy is to never trade on volatile markets. You will lose your money when you do! Trade on technical-chart analysis! not on news and volatility! One of my other strategies is that trades are only interesting and ‘safe’ to open when: you can possibly lose 1/3rd of the possible profit. So; when you set the indicators after analysing resistances, and you can lose 100 but win 300, it is worth the try! How do I decide to open a position or not? First I analyse: - sentiment on the market > are people in buy mode or short mode - I have some own created indicators, some I show in my charts. Therefor I use the fibonacci sequence. My indicators tell to open a position or not and in combination with other own created indicators I decide where to place the stop loss and take profit positions. - and this own indicators tell me when probably a new long position starts or a new short > these are the positions where I place my orders! or open directly. - and again other own created indicators tell me how far long or short it probably goes. The take profit and stop loss positions are other positions than the resistances in the market! - the moving-averages and bollinger-bands are very important indicators also. They are helping a lot! by making decisions. And that is Why I win more than I lose in the end. Patience is everything, we’ll wait for the right moment! But don't forget; trading means investing. Sometimes you lose more than you win in the beginning of a period! Most of the times the sentiment changes on Monday! please consider that when you start a position on Monday. Tuesday, Wednesday and Thursday are on steady markets normally calm trading days. Than, my strategies work at their best! Don't forget to follow me, so you get updated when I post new analysis. Also read my account and the 'status updates' to be informed. Thank you for following and Succes with trading ! Richard from Rich.Exclusive.Trading
FX:USOIL
by Rich_Exclusive_Trading
Crude Oil Targets: Short 63,44 / 64,75 or Long 70,00. I invest in Crypto currencies and I trade CFD's. When you want to invest in crypto, I advise you to buy 'real coins' because on long term that will give you far more profit than speculate the chart with CFD's. I have bought XRP-Ripple, Bitcoin, Bitcoin Cash, Ethereum, ReddCoin, FeatherCoin, Adcoin ( ACC ), Bunny Token and looking for NEO! But wait NEO to buy, because price seems to go to 30.00 first. ------------------------------------------------------------------------------------------------------------------------------------------- What about my ' Cycle phenomenon' ? read here: My main strategy is called 'cycle-trading'. After years of learning and practicing after I bought a teaching-package from a visionair, I found a way of how to trade successful with CFD's on the stock-market. Every stock is following an certain cycle which repeats itself. So, movements are often appearing in the same percentage, aswel long as short. This cycles appear at all levels; when you analyse the chart at 1 month, 1 week, 1 day, 1 hour. (others I don't use). This is the case, because all in life is build by the fibonacci sequence. When you analyse the chart, you'll also see the stock market is behaving itself as the fibonacci sequence. But, still the most difficult part and what it's all about, is where does a long or a short start? and which point is telling you that the cycle is started, so that you know it will probably go to the next fibonacci resistance? .... therefore I have developed some own indicators! The exact positions of where to open, to close and the stop loss position and take profit position is very important to be successful with trading! My strategy is to never trade on volatile markets. You will lose your money when you do! Trade on technical-chart analysis! not on news and volatility! One of my other strategies is that trades are only interesting and ‘safe’ to open when: you can possibly lose 1/3rd of the possible profit. So; when you set the indicators after analysing resistances, and you can lose 100 but win 300, it is worth the try! How do I decide to open a position or not? First I analyse: - sentiment on the market > are people in buy mode or short mode - I have some own created indicators, some I show in my charts. Therefor I use the fibonacci sequence. My indicators tell to open a position or not and in combination with other own created indicators I decide where to place the stop loss and take profit positions. - and this own indicators tell me when probably a new long position starts or a new short > these are the positions where I place my orders! or open directly. - and again other own created indicators tell me how far long or short it probably goes. The take profit and stop loss positions are other positions than the resistances in the market! - the moving-averages and bollinger-bands are very important indicators also. They are helping a lot! by making decisions. And that is Why I win more than I lose in the end. Patience is everything, we’ll wait for the right moment! But don't forget; trading means investing. Sometimes you lose more than you win in the beginning of a period! Most of the times the sentiment changes on Monday! please consider that when you start a position on Monday. Tuesday, Wednesday and Thursday are on steady markets normally calm trading days. Than, my strategies work at their best! Don't forget to follow me, so you get updated when I post new analysis. Also read my account and the 'status updates' to be informed. Thank you for following and Succes with trading ! Richard from Rich.Exclusive.Trading
FX:USOIL
by Rich_Exclusive_Trading
Oil long $62.90 or $60.40 ($61.15 resistance short) best to waitOil chance to go long to $62.90 or short to $60.40 between the horizontal pattern now. ($61.15 is a resistance within the short-range) best to wait now. The Oil price is exactly between two bollinger bands , which means price- fluctuations and opening positions most of the time means losing money. ------------------------------------------------------------------------------------------------------------------------------------------- My main strategy is called 'cycle-trading'. After years of learning and practicing after I bought a teaching-package from a visionair, I found a way of how to trade successful with CFD's on the stock-market. Every stock is following an certain cycle which repeats itself. So, movements are often appearing in the same percentage, aswel long as short. This cycles appear at all levels; when you analyse the chart at 1 month, 1 week, 1 day, 1 hour. (others I don't use). This is the case, because all in life is build by the fibonacci sequence. When you analyse the chart, you'll also see the stock market is behaving itself as the fibonacci sequence. But, still the most difficult part and what it's all about, is where does a long or a short start? and which point is telling you that the cycle is started, so that you know it will probably go to the next fibonacci resistance? .... therefore I have developed some own indicators! The exact positions of where to open, to close and the stop loss position and take profit position is very important to be successful with trading! My strategy is to never trade on volatile markets. You will lose your money when you do! Trade on technical-chart analysis! not on news and volatility! One of my other strategies is that trades are only interesting and ‘safe’ to open when: you can possibly lose 1/3rd of the possible profit. So; when you set the indicators after analysing resistances, and you can lose 100 but win 300, it is worth the try! How do I decide to open a position or not? First I analyse: - sentiment on the market > are people in buy mode or short mode - I have some own created indicators, some I show in my charts. Therefor I use the fibonacci sequence. My indicators tell to open a position or not and in combination with other own created indicators I decide where to place the stop loss and take profit positions. - and this own indicators tell me when probably a new long position starts or a new short > these are the positions where I place my orders! or open directly. - and again other own created indicators tell me how far long or short it probably goes. The take profit and stop loss positions are other positions than the resistances in the market! - the moving-averages and bollinger-bands are very important indicators also. They are helping a lot! by making decisions. And that is Why I win more than I lose in the end. Patience is everything, we’ll wait for the right moment! But don't forget; trading means investing. Sometimes you lose more than you win in the beginning of a period! Most of the times the sentiment changes on Monday! please consider that when you start a position on Monday. Tuesday, Wednesday and Thursday are on steady markets normally calm trading days. Than, my strategies work at their best! Don't forget to follow me, so you get updated when I post new ones. Also read my account and the 'status updates' to be informed. Thank you for following and Succes with trading ! Richard from Rich.Exclusive.Trading
FX:USOIL
by Rich_Exclusive_Trading
Oil is doubting. How today closes is important for sentiment. Crude Oil is doubting. How today closes is important for sentiment and movements tomorrow. We are now bouncing between $63,33 and $62,09. Both of this levels are very important Fibonacci levels which tell me we are at an level where a new trend can start. Today I have tried both sides, short and long and short is compensated and I closed that one! The long is in loss, but still the chart is not convincing me that a short will appear very sure. That is why I have closed my short with a very small loss ( -$8 dollar ) and I'll now go for the long to climb again. The loss will make our profit when this one retraces and the loss will become less. Maybe even profit! I still see Oil as in uptrend. Breaking $63 dollar means we go to the upper line of the horizontal movement. Now it looks like wiling to fall back to the middle of the horizontal movement, but not convincing. When today closes in red, I have a bad feeling about the long. But on the other hand, tomorrow we can go to $64 dollar area and we are happy. We have placed a stop loss which probably will be touched than. Unfortunately you can't winn them all on Wallstreet. Today we did some experimental trades on S&P500, Oil and Copper to see how the market moves and behaves and decide what the next trade will be. I see this losses as an investment in the profit. After years of studying, learning and practicing I have developed a way of trading which can provide an profit every month by trading cfd's. The strategy I learned from an visionair is 'Cycle trading' and I have developed this further and made it my own. How do I decide to open a position or not? First I analyse: - sentiment on the market > are people in buy mode or short mode - I have some own created indicators, some I show in my charts, as; is the trend horizontal / uptrend or downtrend or volatile. - and this own indicators tell me when probably a new long position starts or a new short > these are the positions where I place my orders! one of the indicators I use here to help me is the Fibonacci sequence. - and again other own created indicators tell me how far long or short it probably goes. The take profit and stop loss positions are Other positions than the resistances in the market! Here I work with 'the total expected possible profit' and an percentage from this total opportunity where I mostly close the trade to be safe. And that's not all at all. Also I check if the opportunity is interesting, by analyzing the charts and when I can make the conclusion that when I should open an certain trade and the possible profit would be 2/3rd of the amount you can possibly loss. So, in bad case lose 100 dollar and best case win 300 dollar it is worth the try! losing these kind of trades, I see as an investment on the possible loss. Stop loss needs to be tight here. And that is Why I win more than I lose. Patience is everything, we’ll wait for the right moment! Sometimes we are in huge loss, before we end the month in good profit. This is all part of the game. Without trading positions which we lose, we could never win more than we lose. Losing orders is investing in the knowledge to trade the right one to earn money. Thank you for following and Succes with trading ! Richard from Rich.Exclusive.Trading
FX:USOILLong
by Rich_Exclusive_Trading
1