Thread: Oil and Natural Gas

Originally Posted by ;

I use 2 platforms to work on Electricity one is mt4 next is mcx india and I Line Involving them with puttin in Greater investment in mcx india, but I Believe only mt4 cud be posted here not mcx

u can Utilize tadawul fx Demonion If ur broker doesnt Possess ng

Originally Posted by ;

I use two platforms to work on energy is mt4 second is mcx india and I hedge Involving them with puttin in Greater investment in mcx india, but I Believe Just mt4 cud be posted not mcx

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Hi, I exchange us oil and it is a good earner. I have pc set to activate any spikes that occur.These don't occur often but should they do it is a big earner. Oil hs been boxed in for last 14 hours so it is going to go somewhere as it belongs. Perhaps if we market opens it will go. Just wait and watch or perhaps it may go sooner if the crazies in north korea choose to be stupid. Have a fantastic day

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us oil on 15 min chart,it's just like 1 hour chart. Time taken was 10-40 uk time . I am just awaiting spike/news/or us available at 13-00 uk time

Originally Posted by ;

image us oil on 15 min chart,it is just like 1 hour chart. Time was 10-40 uk time . I am only awaiting spike/news/or us available at 13-00 uk time

do trade crude oil and natural gas well

I have never looked at gas

Originally Posted by ;

do trade crude oil and natural gas well

us oil is a very good earner, either opening breakout range on us flat breakout. Just be careful, it is very volatile Occasionally and that Is the Reason Why it is good

No one talking in here, anyhow 5 hours afterwards from first chart posted. This occurred after us opened at 13-00 (circled) It dropped like a rock and this is a typical day (not necessarily straight after the start but it goes. Be great

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Originally Posted by ;

no one talking in here, anyway 5 hours later from first chart posted. This happened after us started at 13-00 (circled) It dropped like a rock and this is a common afternoon (not always straight after the open but it moves. Be great

oops, for your chart duhhttps://www.forexforum.co.za/general...ents-euro.html

Originally Posted by ;

quote Well the principal strength this week came in the Saudis stating they want to see 80. Syria move additionally contributed to it but it had little effect on safe harbor currencies but commodity currencies such as cad benefited. Let us see how the market digest the news because this entails Russia too

While I still believe OPEC nations are important their creation cuts coupled with the fact the US is out pacing their creation using shale, squares it for me. I'm under the impression there isn't any shortage of oil unless generated via synthetic slowing of the supply. The price of oil has increased since last year and OIL companies desire a greater price for certain while production is artificially low, but it does not mean they will get what they desire, US springs keep coming up.


The spike upward on the trump tweet occurred when these amounts were released

This was a surprise number of 3.3m, that generally would indie a lesser price, but due to the trump tweet that the price jumped up, which means we've got it priced in AND we are in a three year high @ close to $68. My commerce would be.

The attack does not seem to be a big one but I despise the fact that over the weekend openings can be dreadful. I would anticipate WTI to clip that $68 if not it is on its way down today. If it moves that $68 fashion level you might see price pop around the top side because individuals that are brief will pull out. That is my theory anyway.

I had a quick look in the COT report also I'm getting mixed signals, Commercial traders are brief and non-Commercial traders are very long, but that report was made on the 10th, 2 days before the trump tweet.