Entered DWTI at 107.96

FX:USOIL   CFDs on Crude Oil (WTI)
62 1 4
I do think the oil             is bullish these days' although I think it needs some correction before it can continue it's trend line . so today it is going down, for the next week, it will be bullish .
Trade active: I don't try to cover up when ever I do mistakes, but I didn't expect that rally from the Saudian announcment. As I said before, I am bullish for the long term, ALTHOUGH I do think it must have some correction before that up swing. that correction should get to 0.618 retracement, which means 40.80.

Good Week and great profits for everyone!!
Comment: Still holding the position, I will look closely today how the market will react to Putin's announcement.
It's obvious that oil must get to 50$~ area.
** it's the interests of all oil producing countries to make such announcements that lift the oil prices up so there will be no need for OPEC freezing.
**If the oil price remains 40$~, there will be OPEC meeting and probably then the oil prices get to 50$~.

Either way, oil must go up.
Why am I still SHORT on it? Because I do think the real price should be around 40$, and only when it comes to that price zone the oil producing countries will start the rally.

---But I don't try to fight the market, but surf on it. So today, if the price breaks the resistance of 45.22 I will close the position and suffer the losses. If it won't be able to break it, I still think we have some room to go down.
So it didn't go down as I expeceted, but we DO see correction here to 39.77. After that we're out
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out