Crude Oil
ORBEX: Gold, Oil: Affected by Trump, BoJo, Powell!In today's #marketinsights video recording I analyse #wti #oil and #gold
Gold and Oil affected by (what moves gold up, weakens oil):
- Tradewar tensions after Trump imposed visa restrictions to Chinese officials
- A worsening growth outlook for global economies
- Potential early election in the UK as hopes of Oct resolution fade away
- Fed's short-term bond purchase expansion to credit banks (not QE)
Oil also affected by:
- Poor API but was offset by Equador disruptions
- Tradewar anxiety ahead f Thursday talk resumption
Stavros Tousios
Head of Investment Research
Orbex
This analysis is provided as general market commentary and does not constitute investment advice
ORBEX: XAUUSD, WTI - Recession Fears Rock Markets!In today's #marketinsights video recording I analyse #XAUUSDand #WTI
#Gold higher on:
- 10-year low ISM Manufacturing
- North Korea missile firing
- Impeachment inquiry pressures
- US-Sino trade-war hard stance
- Borris Johnson's rejected leaked plans
#Crudeoil slide affected by:
- US-Sino rhetoric
- SA production restoration & Yemen ceasefire
- Iran bypassing State of Hormuz
Stavros Tousios
Head of Investment Research
Orbex
This analysis is provided as general market commentary and does not constitute investment advice
ORBEX: USDTRY Makes A Difference! EURGBP How Much More Down?In today's #marketinsights video recording I analyse #EURGBP and #USDRY
#EURO and #POUND pressured from Stronger DOLLAR:
- Following Trump transcript release
- Partial deal with Japan
- Close US-Sino deal Trump comment
- ECB's Germans board member quitting
#EURO also pressured from:
- Spanish PPI
- US-EU tensions
- EU-UK tensions
#POUND also pressured from:
- BoJo's comment to leave whatever it takes
#TurksishLira supported by:
- Weaker oil
- Positive sentiment after IMF report
Stavros Tousios
Head of Investment Research
Orbex
This analysis is provided as general market commentary and does not constitute investment advice
ORBEX: Trump's Impeachment Moves WTI, GOLD!In today's #marketinsights video recording I analyse #XAUUSD and #WTI
#Godl and #Crude on the move:
- Official inquiry for Trump's impeachment
- Trump's UN nationalist-heavy speech
- Disappointing Consumer Confidence
- UK's PM illegal prorogation
Stavros Tousios
Head of Investment Research
Orbex
This analysis is provided as general market commentary and does not constitute investment advice
Oil: Under Attack!Hello dear energy sector friends, hope you're doig well! ;)
What a crazy week with the attack of Huthi rebels- who are getting backed by Iran - on the Saudi Aramco oil facilities. On top we had the FED interest rates cutes which were expected by the market already. The attack lead to a breakout of the Weekly Equilibrium, but let's have a look, if that is gonna be sustainable. Have fun watching and have a beautiful weekend! ;)
Deniz from Edgy
If you had some value from my analysis, give it a thumbs-up & comment it, because the mechanism shows my analysis to other people then. Make also sure to follow me so you get notified on my analyses! I wish you a good trading! :)
Edgy is providing online education only. We are not a financial advisor, nor do we hold any formal qualifications in this area. You're trading at your own risk. No matter what you do, please set your stop loss. Please be aware, that you can lose all your money on the online exchanges.
ORBEX USDCAD, USDCHF Under Pressure In today's #marketinsights video recording I analyse #USDCAD and #USDCHF
#CAD Supported by:
- By Drone Attack and #WTI surge
- Weaker Dollar
#CHF Supported by:
- Weaker Dollar
- Safe-haven flows on tradewar headlines
*Should be weaker following #SNB's downward inflation outlook revision
Stavros Tousios
Head of Investment Research
Orbex
This analysis is provided as general market commentary and does not constitute investment advice
ORBEX: Pre-BoE GBJPY, Post-Fed USDMXNIn today's #marketinsights video recording I analyse #GBPJPY and #USDMXN!
#Pound Remains Solid:
- MPs support 3-month extension
- Monthly CPI rise not as expected, but improved
#Yen Likely to Weaken:
- BoJ held rates unchanged but acknowledged increasing risks
- Ultraloose policy to be re-examined at October meeting
#MXN Supported By Fed:
- Emerging currencies will benefit from rate differentials
- Oil is bid and likely to move higher
Stavros Tousios
Head of Investment Research
Orbex
This analysis is provided as general market commentary and does not constitute investment advice
OIL: Double Equilibrium! Break Coming Soon!Hello dear energy sector friends and USOIL traders, hope you're doing well guys! ;)
Oil is now in a double Equilibrium range, both on the Daily & on the Weekly. I'm gonna walk you through how to play the break in either direction. Have fun watching! ;)
If you had some value from my analysis, give it a thumbs-up & comment it, because the mechanism shows my analysis to other people then. Make also sure to follow me so you get notified on my analyses! I wish you a good trading! :)
Edgy is providing online education only. We are not a financial advisor, nor do we hold any formal qualifications in this area. You're trading at your own risk. No matter what you do, please set your stop loss. Please be aware, that you can lose all your money on the online exchanges.
A Renko Strategy for Trading - Part 8This is intended more as educational material on a strategy for using renko charts. To begin with, I'll be using USOil in the examples but will include other markets as I continue through the series. The material is not intended to prescribe or recommend actual trades as the decision to place trades is the responsibility of each individual who trades as they assume all risks for their own positions and accounts.
www.investopedia.com
Chart setup :
(Part 1)
Double Exponential Moving Average (DEMA) 12 black line
Double Exponential Moving Average (DEMA) 20 red line
Parabolic SAR (PSAR) 0.09/0.09/.23 blue circles
Simple Moving Average (SA) 20 blue line
(Part 2)
Stochastics 5, 3, 3 with boundaries 80/20 dark blue/light blue
Stochastics 50, 3, 3 with boundaries 55/45 red
Overlay these two on one indicator. Refer to 'Part 2' as to how to do this
(Part 3)
True Strength Indicator (TSI) 14/4/4 dark blue/ red
Directional Movement Indicator DMI 14/14 ADX-dark green, +DI-dark blue, -DI-red
Renko Chart Settings
Crude Oil (TVC:USOil): renko/traditional/blksize .05/.10/.25
Natural Gas (ngas): renko/traditional/blksize .005/.010/.025
Soybeans/Wheat/Corn (soybnusd/wheatusd/cornusd): can use the ngas setup
S&P 500 (spx500usd): renko/traditional/blksize 2.5/5.0/12.5
Euros (EURUSD): renko/traditional/blksize .0005/.0010/.0025
Trading plan for USOIL GOLD e-mini S&P500, EURUSD for Fraiday1. USOIL WTI( crude oil ) I expect main move DOWN . I wan to see retest of 57,00 hourly resistance.
2. XAUUSD main move rimains UP for me. So I want to see retest of 1414.
3. ES1! main move I expect DOWN . I want to enter from 3021, but need other conditions.
4. E61! ( EURUSD ) neutral. I think price will move more down, but there is now clear point to enter.
Plans for USOIL WTI, GOLD, ES1! S&P500 , WHEAT, E61! EURUSDIf you want have my experience, I can give it to you on my learning course.
Subscribe to my channel on YouTube and Telegram(USOIL WTI), because there is a different information on them.
Post comments, ask questions, write in private messages.
Let's trade in profit together!
A Renko Strategy for Trading - Part 7 Refactor/RefinementThis is intended more as educational material on a strategy for using renko charts. To begin with, I'll be using USOil in the examples but will include other markets as I continue through the series. The material is not intended to prescribe or recommend actual trades as the decision to place trades is the responsibility of each individual who trades as they assume all risks for their own positions and accounts.
(Part 1)
Double Exponential Moving Average (DEMA) 12 black line
Double Exponential Moving Average (DEMA) 20 red line
Parabolic SAR (PSAR) 0.09/0.09/.23 blue circles
Simple Moving Average (SA) 20 blue line
(Part 2)
Stochastics 5, 3, 3 with boundaries 80/20 dark blue/light blue
Stochastics 50, 3, 3 with boundaries 55/45 red
Overlay these two on one indicator. Refer to 'Part 2' as to how to do this
(Part 3)
True Strength Indicator (TSI) 14/4/4 dark blue/ red
Directional Movement Indicator DMI 14/14 ADX-dark green, +DI-dark blue, -DI-red
A Renko Strategy for Trading - Part 5This is intended more as educational material on a strategy for using renko charts. To begin with, I'll be using USOil in the examples but will include other markets as I continue through the series. The material is not intended to prescribe or recommend actual trades as the decision to place trades is the responsibility of each individual who trades as they assume all risks for their own positions and accounts.
Chart setup:
(Part 1)
Double Exponential Moving Average (DEMA) 12 black line
Double Exponential Moving Average (DEMA) 20 red line
Parabolic SAR (PSAR) 0.09/0.09/.23 blue circles
Simple Moving Average (SA) 20 blue line
(Part 2)
Stochastics 5, 3, 3 with boundaries 80/20 dark blue/light blue
Stochastics 50, 3, 3 with boundaries 55/45 red
Overlay these two on one indicator. Refer to 'Part 2' as to how to do this
(Part 3)
True Strength Indicator (TSI) 14/4/4 dark blue/ red
Directional Movement Indicator DMI 14/14 ADX-dark green, +DI-dark blue, -DI-red
A Renko Strategy for Trading - Part 4This is intended more as educational material on a strategy for using renko charts. To begin with, I'll be using USOil in the examples but will include other markets as I continue through the series. The material is not intended to prescribe or recommend actual trades as the decision to place trades is the responsibility of each individual who trades as they assume all risks for their own positions and accounts.
Chart setup:
(Part 1)
Double Exponential Moving Average (DEMA) 12 black line
Double Exponential Moving Average (DEMA) 20 red line
Parabolic SAR (PSAR) 0.09/0.09/.23 blue circles
Simple Moving Average (SA) 20 blue line
(Part 2)
Stochastics 5, 3, 3 with boundaries 80/20 dark blue/light blue
Stochastics 50, 3, 3 with boundaries 55/45 red
Overlay these two on one indicator. Refer to 'Part 2' as to how to do this
(Part 3)
True Strength Indicator (TSI) 14/4/4 dark blue/ red
Directional Movement Indicator DMI 14/14 ADX-dark green, +DI-dark blue, -DI-red
A Renko Strategy for Trading - Part 3This is intended more as educational material on a strategy for using renko charts. To begin with, I'll be using USOil in the examples but will include other markets as I continue through the series. The material is not intended to prescribe or recommend actual trades as the decision to place trades is the responsibility of each individual who trades as they assume all risks for their own positions and accounts.
Chart setup:
(Part 1)
Double Exponential Moving Average (DEMA) 12 black line
Double Exponential Moving Average (DEMA) 20 red line
Parabolic SAR (PSAR) 0.09/0.09/.23 blue circles
Simple Moving Average (MA) 20 blue line
(Part 2)
Stochastics 5, 3, 3 with boundaries 80/20 dark blue/light blue
Stochastics 50, 3, 3 with boundaries 55/45 red
Overlay these two on one indicator. Refer to 'Part 2' as to how to do this
(Part 3)
True Strength Indicator (TSI) 14/4/4 dark blue/ red
Directional Movement Indicator DMI 14/14 ADX-dark green, +DI-dark blue, -DI-red
A Renko Strategy for Trading - Part 2This is intended more as educational material on a strategy for using renko charts. To begin with, I'll be using USOil in the examples but will include other markets as I continue through the series. The material is not intended to prescribe or recommend actual trades as the decision to place trades is the responsibility of each individual who trades as they assume all risks for their own positions and accounts.
A Renko Strategy for Trading - Part 1This is intended more as educational material on a strategy for using renko charts. To begin with, I'll be using USOil in the examples but will include other markets as I continue through the series. The material is not intended to prescribe or recommend actual trades as the decision to place trades is the responsibility of each individual who trades as they assume all risks for their own positions and accounts.
VIDEO ANALYSIS: WTI CRUDE OIL TO EXTEND LOSSESIn this video update, we take a look at WTI CRUDE OIL as price looks to extend its losses.
If the monthly timeframe closes bearish as we should expect, further shorts look more likely.
Looking at the 4hr timeframe price has stalled at the $55.00 level where we could see
a short-term retracement into 57.20. If price tests this level we will look for short opportunities
in line with the higher timeframe.