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Ll1979 replied Mar 20, 2019Curious .... what happens on the daily chart while approaching FIB 50
WTI Crude Oil Trading
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Ll1979 replied Mar 18, 2019Looking for a possible short (H4 chart) in (aqua blue area) where trendline meets fib 78.6 and camarilla H3 (weekly)
The Swamp
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Ll1979 replied Mar 15, 2019WTI turns negative around $58.20 ahead of data 15 March 2019, 15:39 Prices of the WTI retreats after hitting fresh 2019 highs. US-China trade concerns weigh on crude oil prices. Driller Baker Hughes’ oil rig count coming up next. Prices of the ...
WTI Crude Oil Trading
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Ll1979 replied Mar 14, 2019OPEC: February oil output fell by 221,000 bpd m/m to 30.549 mln 14 March 2019, 15:10 In its monthly oil market report, OPEC, citing secondary sources, noted that the oil output in February decreased by 221,000 barrels per day to 30.459 million ...
WTI Crude Oil Trading
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Ll1979 replied Mar 13, 2019Last couples of months WTI got driven by US dollar Equity Supply and demand China trade deal In H2 some extra triggers will be added new perimian pipelines are going to be effective Global slowdown (first signs already there in EU+ China)
WTI Crude Oil Trading
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Ll1979 replied Mar 13, 2019EIA: Commercial crude oil inventories decreased by 3.9 million barrels from previous week Below are some key highlights from the weekly oil market report published by the U.S. Energy Information Administration. U.S. crude oil refinery inputs ...
WTI Crude Oil Trading
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Ll1979 replied Mar 13, 2019WTI: Surprise draw in API crude oil inventory supports buyers near $57.00 WTI maintains its stand near $57.00 on early Wednesday. Surprise draw in private inventory report helps the US crude benchmark to remain up. $58.00 continues to be a strong ...
WTI Crude Oil Trading
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Ll1979 replied Mar 12, 2019EIA cuts forecast for 2020 world oil demand growth by 20K bpd 12 March 2019, 19:09 The U.S. Energy Information Administration has recently announced that it cut its forecast for 2020 global oil demand growth by 20,000 barrels per day to 1.46 million ...
WTI Crude Oil Trading
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Ll1979 replied Mar 12, 2019WTI jumps to fresh weekly tops near $57.50, API data eyed Saudi deepening output cuts, weaker DXY and Venezuelan crisis drive oil higher. All eyes on API crude stockpiles report for fresh trading direction. The bulls regained poise in the European ...
WTI Crude Oil Trading
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Ll1979 replied Mar 12, 2019Looking for a possible short @ confluence point (aqua blue triangle) (trendline meets fib 78.6 and cammarilla H3) currently price withdraws from ma200
The Swamp
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Ll1979 replied Mar 12, 2019Perhaps the US Dollar Index is an alternative (more info: url ) chart: url
S&P500 trading
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Ll1979 replied Mar 8, 2019WTI PARED BACK APPROX 50% OF MARCH'S DECLINE TO CLOSE WEEK HIGHER (+0.5%) Oil prices were quite a show on Friday ahead of the nonfarm payrolls data, dropping heavily below key techncial support. WTI fell within a range of $56.49bbls and $54.55bbls, ...
WTI Crude Oil Trading
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Ll1979 replied Mar 8, 2019Daily trend line ( including daily rsi trend line) broken on fall in equity prices news euro -> dollar strength
WTI Crude Oil Trading
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Ll1979 replied Mar 7, 2019As timingchain mentioned wti is ranging between 55 and 57.x so it should be a nice setup. My vision on the future is a bit unclear i think equity will be the main driver for a break above 57.x or below 55.
WTI Crude Oil Trading
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Ll1979 replied Mar 6, 2019WTI PRICES FRAGILE, SUPPORTED FOR NOW ABOVE TRENDLINE SUPPORT AT $56 THE FIGURE 6 March 2019, 22:34 WTI is now developing a bearish bias on the short-term charts, consolidating at the 38.2% Fibo but menacing to the bulls while fragile on the trend ...
WTI Crude Oil Trading
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Ll1979 replied Mar 6, 2019EIA: COMMERCIAL CRUDE OIL INVENTORIES INCREASED BY 7.1 MILLION BARRELS FROM PREVIOUS WEEK 6 March 2019, 17:34 Below are some key highlights from the weekly oil market report published by the U.S. Energy Information Administration. U.S. crude oil ...
WTI Crude Oil Trading