The rule of thumb is always go opposite Bloomberg and Goldman.

WTI Crude Oil Trading

This thread has momentum and good people supporting it.

Private Island Traders

Just a couple of quick reminders here: 1. The intrinsic value of fiat money is zero. 2. The intrinsic value of debt, government or private, that cannot be repaid is zero. EDIT You might be tested on this in the near future, so be ready.

Private Island Traders

Dow YM Dec contract, D1 image Gold GC Dec contract, H4 image

Private Island Traders

The next bar did not confirm since it closed back below EMA20. Possibly there will be some sideways movement for a while. The downtrend from October remains intact.

WTI Crude Oil Trading

Changeover to Green Arrow? Looking for confirmation next bar.

WTI Crude Oil Trading

You don't state your experience level, leaving us guessing. EUR.USD has excellent liquidity and low trading cost, could be a good pair with which to start. If you are not going to die in the next year or two, you have plenty of time later to go ...

Private Island Traders

WTI weekly for perspective.

WTI Crude Oil Trading

WTI daily for perspective.

WTI Crude Oil Trading

Red Arrow is still boss, but there is potential changeover this coming week. image

WTI Crude Oil Trading

Dow YM Dec contract, D1 -- end of week image Gold GC Dec contract, H4 -- end of week image

Private Island Traders

I agree. The top might have been set. potentially seeing a 35%+ drop from here makes me very nervous ... this has very broad implications for the US and global economies.

Private Island Traders

On second thought, might it be UK + Ireland (good), or UK + EU (bad). EDIT A quick search indicates: EU Defense Union

WTI Crude Oil Trading

Dow YM Dec contract, D1 image Gold GC Dec contract, H4 image

Private Island Traders

image

WTI Crude Oil Trading

I have no idea what a DU is (although it doesn't sound good), but ... A somewhat related issue: the EU was talking about coming in and constructing a strong I/NI wall (must have gotten the idea from Trump). I wondered if they forgot that Britain and ...

WTI Crude Oil Trading

As a Canadian, you might prefer a UK, Australian, or Canadian broker. Some Aussi brokers are popular. Look through several threads for leads.

Private Island Traders

For WTI perspective:

WTI Crude Oil Trading

The purpose of OPEC is to levitate crude prices = more expensive for consumers. Free for all means lower prices by competition = cheaper for consumers.

WTI Crude Oil Trading

Panic Day may be a little closer now than it was yesterday. Dow YM Dec contract, D1 The range from yesterday's high to today's low is ~1100 points--an interesting start for October. Arrows added for the amusement of traders. image Gold GC Dec ...

Private Island Traders