OIL - One more gift

FX:USOIL   CFDs on Crude Oil (WTI)
3837 36 58
Nothing has changed here. We broke out of the flag and was holding the breakout. We could have closed with a green candle , but Fischer's speak and the strengthening dollar pushed price back to the 10 EMA and the flag.
Oil             shares are holding nicely. Nothing to worry about : we are in the good direction.

I think it was another buying opportunity on Friday again.
I bought oil at 44.80 and now oil on 43.30 (Friday 2 Sep) what do you suggest must we buy another one from here because major US data is expected today.
we going back to a crime scene 40 $ : ) small bump on de way down 42-43 $ area
All - Arpi has posted "No Panic" on twitter with chart and comment:
-Andrew- bertcoin
Shouldn't take every trader's analysis as the gospel - Good to have insights from someone, but ultimately make your own analysis and compare
bertcoin -Andrew-
I read many. But of all the trader's analyses I read, Arpi is the only one to explain why and teach on both wins and losses. Priceless and greatly appreciated.
+2 Reply
AaronSwan bertcoin
Agreed Bert look at his post on 8/12/16 he called for a retrace of 43.43 kind of late but it happened

I think this excess oversupply can push the price back to 40 before it will rise again which would happen before the meeting in Algiers . I am long on futures, but I am thinking about opening long covering short expiring 18/11 ... What do you think ? If you have any suggestion about this, write on your twitter, I will check it.
Hi Arpi, what do you think about today fall ?
Guys, I think it would be prudent to give some other viewpoints their own merit. This market appears to be headed down and if the jobs report tomorrow happens to land within expectations or beat them a lot of what Arpi is predicting will be in trouble as the dollar will be in a strong rally. Arpi, I respect what you do, but just wanted to share some other ideas.


+1 Reply
AYosof TexasTower85
ARe you kidding me?
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