Oil drops to 53, any trigger today?

WTI Crude Oil Trading

Thanks for pointing this out. I didn't expect to see the RSI signal at this "low" e.g. it is not above 50. Also as tradeTime pointed out, again I didn't expect to check the RSI that " far" back in time

Trading the Cable swings via averages

Was there any signal for the drop earlier? I could only see it in M1

Trading the Cable swings via averages

Is difficult to analyze now, but I would like to participate more in this thread and hopefully people can all share their thoughts. Looking at the big picture, it is in consolidation period, and doing range bouncing. The downtrend may come to an ...

WTI Crude Oil Trading

Not much movement? Any idea why?

WTI Crude Oil Trading

56 seems to be another supply zone, looks like it may drop from here. Any opinions?

WTI Crude Oil Trading

Just want to exchange views. What I see is it approaches previous supply zone and now going to make a turn, not necessarily a reversal, but a pullback

WTI Crude Oil Trading

I see double top at 1H around 56.50, looking like a short to me

WTI Crude Oil Trading

Thanks for your sharing So how would you set the TP or exit for this setup?

WTI Crude Oil Trading

How do you define this triplet highs?

WTI Crude Oil Trading

Complete recover to 56.20! How to analyse the chart now!?

WTI Crude Oil Trading

Please allow me to ask more questions, just want to think like a great trader. The WTI recently is not having an obvious direction, and with the global demand that is so influence by the trade war, how to find the edge from daily chart?

WTI Crude Oil Trading

What is your timeframe of trading oil? And how you "time" your entry/exit and set TP/SL?

WTI Crude Oil Trading

so what is your strategy of trading WTI?

WTI Crude Oil Trading

I am just thinking, for forex, literally anyone can trade it, money can come in and out immediately, and since it is in a pair, so it can really go in any direction anytime, of course, there are too many factors that can move the trend. And when it ...

WTI Crude Oil Trading

How is the oil traded? Is it different from Forex and/or index? Can VSA or volume based trading method be beneficial? The reading I asked is I imagine in Forex market, there are lots of different players that do both long and short, in stock market, ...

WTI Crude Oil Trading

Thanks for your sharing, while I think I understand what you write, would you mind showing chart to show how your entry and exit please?

Intraday Trading the US Index Futures

Hi jmflukeiii How do you actually day trade the us index btw? Just using 2 leg pull back to entry in a trend? How do you set your SL and TP? I have been trading Dow using indicator like stochastic, combine with price action, but the trouble is I ...

Intraday Trading the US Index Futures

Which broker has micro lot for index?

Intraday Trading the US Index Futures

Hi Ll197 Which broker do you user please? I see that you can do mini lot on nasdaq

WTI Crude Oil Trading