Energy Commodities

Energy commodities are mostly hard commodities that are mined or extracted. They include fossil fuels like Coal, Oil (in various blends and grades) and Natural Gas. The price of these commodities is one of the most watched economic indicators by traders, economists, governments and businesses given the correlation between economic growth and energy consumption. Their price is influenced by global economic up- or downturns, by production cuts or increases and by emerging green energies. Their price influences other commodities since it takes energy to produce them.

Energy commodities are widely used in industrial applications and they drive inflation, which makes them an effective hedge against it. You can trade or invest in energy commodities through futures contracts, options, exchange-traded funds and stocks of companies in the energy sector. Oil is the most widely traded commodity worldwide and the Oil room is one of the most popular custom chats on TradingView. We also have an active Natural Gas room where traders talk in real-time about where the market is going.
hasanzad hasanzad UKOIL, D, Short , a day ago
UKOIL: Sell Stop for UKOIL
82 0 4
UKOIL, D Short
Sell Stop for UKOIL

Sell Stop entry @ 54.3 Sl: 57.7 TP1: 52.7 TP2: 51 TP3: 49.3 Break Even @ TP1 and close 1/3 of the volume close second 1/3 @TP2 close third 1/3 @TP3

SharkbaitAl SharkbaitAl NATGASUSD, 60, Long , 13 hours ago
NATGASUSD: Natural Gas 2 Small Bullish Bats; Getting In On Large Bat
58 0 4
Natural Gas 2 Small Bullish Bats; Getting In On Large Bat

This idea is in accordance with my larger term view of the very large Bullish Bat which completed last week @2.547 (idea linked below). I missed that entry but patiently waited for a new pattern. Now I have found 2 bullish bat patterns to get me in to the (hopefully) longer term move. One advantage to this method is that the risk is much less than with the ...

EXCAVO EXCAVO CL1!, D, Short , 5 days ago
982 5 58
CL1!, D Short

Next week I waiting big move down

SharkbaitAl SharkbaitAl NATGASUSD, 240, 11 days ago
NATGASUSD: Natural Gas May Complete a Bearish Cypher or Bullish Bat (4H)
273 0 8
Natural Gas May Complete a Bearish Cypher or Bullish Bat (4H)

Looking to long where indicated in the chart. In this scenario I will then watch for a short at the Cypher completion point. If price closes below the red dashed line I will abandon longs until the completion of the Bullish Bat.

IamJeanPaul IamJeanPaul PLATINUM, D, Long , 2 months ago
341 0 15

As usual the chart tells the story. In 2016 we had a 5 wave impulsive move higher from a multiyear low @ 810$. Signalling that this low is important and solid for now. Since august platin prices have been in a 5 wave downmove the lows of wave 5 touched 890$. It then took the market 2 months to form a decent bottom around the 900$ handle. Now in the recent days ...

DLavrov DLavrov USOIL, 240, Short , 7 days ago
USOIL: WTI Short Trade
474 2 39
USOIL, 240 Short
WTI Short Trade

Price reached the resistance zone. You can see the past price action near the support and resistance levels. Everytime we could open trades and make good profit. Now we have the same opportunity and we can sell below 53,50 with target at 51.50 and 51.00 levels. Stop orders must be placed above 54.00 level. It's a good example how to trade properly in range market ...

InsideMarket InsideMarket BCOUSD, 240, 7 days ago
BCOUSD: BRENT - Possible daily Ending Diagonal for C-wave on Weekly
55 0 8
BRENT - Possible daily Ending Diagonal for C-wave on Weekly

Alternative wave count for the current weekly C-wave shows a potential ending diagonal as fifth wave. Zig Zag on weekly basis Good luck!

smitheric1970 smitheric1970 PRO CL1!, D, Short , 12 days ago
CL1!: Oil - Possible breakdown
401 6 15
CL1!, D Short
Oil - Possible breakdown

Oil has been sideways for 10 weeks but as the 200 MA is aligning with the next base level down at 48.5 level and as the soon to be front month April chart has been a series of lower highs and lower lows on the daily, I anticipate we will see a 20 day down cycle 2/10-3/10. Target prices and details on the chart; I will be closing all shorts at TP 2, expecting a ...

FxWirePro FxWirePro PRO USOIL, D, 4 days ago
USOIL: WTI shooting star and bullish DMA crossover propels uncertainty
169 0 8
WTI shooting star and bullish DMA crossover propels uncertainty

WTI shooting star and bullish DMA crossover propels uncertainties but “double touch binaries” to fetch certain yields: On daily terms, shooting star is traced out at 54.22 levels to evidence the price slumps but not below DMAs, taking the supports at around 7 & 21DMAs it has bounced back again. Most notably, since 7DMA has crossed over 21DMA which is deemed as ...

smitheric1970 smitheric1970 PRO CLJ2017, D, Short , 3 days ago
CLJ2017: Oil - April Chart - Supply Zone
96 0 2
CLJ2017, D Short
Oil - April Chart - Supply Zone

Prices traded in a tight range last week but have found strong resistance at the 54.6 level. So far the daily demand line has seen 3 bounces and will likely be tested again by Wednesday. Although prices rallied on the unexpected neutral reports last week I doubt we will see another week of the same; as well, the DX seems to have found some temporary footing and I ...

FreshOilTrader FreshOilTrader PRO USOIL, 240, Long , 2 days ago
USOIL: Oil: From line to line. (USOIL:70+)
121 0 5
USOIL, 240 Long
Oil: From line to line. (USOIL:70+)

My Oil forecast. Be prepared for a huge move in it. Good trades for everyone.

patrick186 patrick186 PRO NG1!, 3M, Long , 4 days ago
NG1!: Natty Gas descending wedge formation
87 0 2
NG1!, 3M Long
Natty Gas descending wedge formation

Price bounced off of the upper boundary within the wedge and appears to be forming a head and shoulder pattern on the daily/weekly. We should pullback to the lower boundary and support at the 2012 and 2016 major lows before turning around and breaking out to the upside. One to watch this year!

YongLiang YongLiang NATGASUSD, D, Short , 9 days ago
187 0 7

200-EMA is starting flatten. (Please plot yourself) Both 20 & 50-EMA are moving downward, downward trend is expected to be continued. Price manage to break the Resistance Zone and followed by a slight pull back which is a good signal to short Here are 2 trading plans: 1. To short now with right risk amount 2. If the price pull back near to resistance zone, ...

Oh_If_Only Oh_If_Only CLK2017, D, Long , 10 days ago
CLK2017: May WTI CL K Long
71 4 7
CLK2017, D Long
May WTI CL K Long

Feb 17 18:00 AEDT March Futures expire next week hence I am using "K" May 17. As at Feb 7 Net Long CoT Managed Money stood at 360k open interest. (Source CME Group) I commented on the Weekly Chart last week, but thought I would add my view on the Daily, since I am now long oil. I believe this chart shows a bull flag on the late Nov 2016 rise. I have an up sloping ...

patrick186 patrick186 PRO NG1!, W, 4 days ago
NG1!: NGAS H&S formation
115 1 4
NG1!, W
NGAS H&S formation

Follow up to first NGAS post.... We appear to be stalling at support (aug 16' and nov 16' lows). High probability we head back up to test the fibs and 200/250 ema to form a right shoulder. Should test Feb 16' low

IgnatBorisenko IgnatBorisenko TOP NGH2017, 240, 8 days ago
NGH2017: NATURAL GAS - bullish moment
597 2 27
NGH2017, 240
NATURAL GAS - bullish moment

There's a possible zigzag in wave 2. So, when an impulse in wave {c} ends, I'm going to buy

WorldStockMarket WorldStockMarket NATGASUSD, 240, 4 days ago
NATGASUSD: NG Uptrend or again back to bear
93 0 2
NG Uptrend or again back to bear

NG is on a bear run and is constantly coming up for retrace of 61.8%. But the question is will it go down again for bear run or will go up for its bull motive wave.

investa investa USOIL, 240, 6 days ago
USOIL: structure
114 0 7
USOIL, 240

on the graph

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