I actually left at 58.60, and will wait until FOMC to see what to do next (if 58 holds will go long)

WTI Crude Oil Trading

I see that it stops near yesterdays low already. Is difficult to do technical analysis now because we have fomc later today, I may take profit before this

WTI Crude Oil Trading

Long at 58.10, but not very confident that it can fly high

WTI Crude Oil Trading

Wow u got them all! I went long at 59 and closed at 60.50, was going to short at that point, but didn't do so as I didn't want to overtrade. However, do u think that gap will be close soon? I think it will, but may take a while.

WTI Crude Oil Trading

Thanks detector, I took the trade and took profit at 60.54, quite lucky. Was thinking to go short after that but didn't want to overtrade (it would be nice otherwise) I understand that his thread is for us to discuss and share our views, of course ...

WTI Crude Oil Trading

I am going long at 59, what is everyone opinion?

WTI Crude Oil Trading

Momentum looks a bit weak, hopefully confidence will build over time

WTI Crude Oil Trading

Just buy at 55, hopefully it is a good support

WTI Crude Oil Trading

I see the rsi divergence as well, so want to buy in, but it is not near any supply and demand zone, so a little bit worry On the other hand, if it didn't touch 55, then we have a better bias on the bullish side.

WTI Crude Oil Trading

To be honest, now I have a different view. In short term, it may drop a little more, but in the long run, I expect to see a bullish move, if it doesn't drop below 55. Hope to see more discussion from others

WTI Crude Oil Trading

Just crashed to 56...

WTI Crude Oil Trading

Looks like it will return to 58.50 for now Any observation or idea?

WTI Crude Oil Trading

Looks like there is a strong support above 58, but at the same time I don't see momentum going up as well

WTI Crude Oil Trading

I might be wrong, but I see the momentum is getting weaker, and it happens to be at the supply and demand zone, given that we are in a ranging time, I expect a reverse. How you 'see' a reverse? Is it by three high that makes up a pivot high?

WTI Crude Oil Trading

I am actually shorting at 58.10, doesn't seem to have much power going north now, and 58 is right at the SD zone

WTI Crude Oil Trading

I share the same view with you, but it just got up to 57.25, where will you give up?

WTI Crude Oil Trading

Indecision candles are seen in the past 30mins.

WTI Crude Oil Trading

If the data is actually surprising in the opposite way, how much upside will it have, given the huge gain yesterday?

WTI Crude Oil Trading

Why it can return to this high today? What is the drive?

WTI Crude Oil Trading

EventsTrader, thanks for presenting us to see this from the volume point of view. Please allow me to have a question. What you show is a Marco view to next year, is it valuable to be applied in day trading? Or how can we make use of this information ...

WTI Crude Oil Trading