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Ll1979 replied May 23, 2019Hope it turns out positive. With these market conditions i turn to the 5 min chart more reliable.
WTI Crude Oil Trading
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Ll1979 replied May 23, 2019Marker conditions + inventory numbers triggered downfall imho.
WTI Crude Oil Trading
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Ll1979 replied May 23, 2019I am looking for 58.7 @ daily for priceaction. 58.6 for weekly
WTI Crude Oil Trading
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Ll1979 replied May 23, 2019WTI TUMBLES TO FRESH LOWS IN SUB-$60.00 LEVELS 23 May 2019, 16:29 Prices of WTI break below the $60.00 mark. EIA reported a nearly 4.5M barrel build on Wednesday. Broad-based risk aversion weighs on crude prices. Prices of the barrel of the American ...
WTI Crude Oil Trading
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Ll1979 replied May 23, 2019interesting confluence point (support on Daily + H4 + fib 78.6 + support RSI) Keeping my eye on the ball for a possible buy.
WTI Crude Oil Trading
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Ll1979 replied May 22, 2019EIA: Commercial crude oil inventories increased by 4.7 million barrels from previous week 22 May 2019, 17:34 In its weekly petroleum report for the week ending May 17, the Energy Information Administration announced that the commercial crude oil ...
WTI Crude Oil Trading
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Ll1979 replied May 21, 2019Oil slips on rising US output US oil stocks rise by 2.4 mln barrels to 480.2 mln last week. US-Iran tensions will likely restrict downside in oil prices. Oil prices on both sides of the Atlantic fell on Wednesday after industry showed an uptick in ...
WTI Crude Oil Trading
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Ll1979 replied May 21, 2019I learned it the hard way
My pitfall is taking profits to soon mostly due to 1 minute chart fluctuations. The moneymanagement and surviving a drawdown were key parts of becoming a breakeven/profitable trader. Keep up the up the good trades my ...WTI Crude Oil Trading
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Ll1979 replied May 21, 2019My approach is to look at the major support levels on higher timeframes (H1 H4 D1) and try to find confluence points (were price meets pivot points fibonacci etc) then scale in to a lower timeframes for entry. I could have made much more then a few ...
WTI Crude Oil Trading