An overview of a short trade I engaged in using OILD back in April and May, capturing a portion of OILD's 110% increase alongside USOIL's 25% decrease. In addition I talk about the long-term perspective of US Crude Oil.
This 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...
Crude oil is in a newly formed downtrend and made a new 50 day low today. Thus we have the opportunity to go short and possibly capture a bigger trend.
This 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...
This 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...
In 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...
In this video update, we take a look at a swing trading opportunity on Brent Crude Oil. The Weekly chart suggests we should be looking to buy the commodity with resistance back up at the weekly highs of 76.00. The 4hr timeframe has re-tested highs and if price forms a bullish breakout of the CTL we can look for long trades.
In this video update, we take a look at Brent Crude Oil as the weekly suggests we could see further upside next week. If the current weekly candle closes back within last weeks range we could see the market move back towards 75.00. We were expecting the price to test the 38.2 Fibonacci retracements however this looks unlikely now with current price action.
In this video update, we take a look at USDNOK as price sits at a key supply zone. The USD Index highlights the potential weakness to come in the USD and with Crude oil prices stabilising after the recent inventories we could see this market trade within the range. Technically the daily candle is showing a false breakout. The 4hr timeframe also shows price forming...
In this video update, we take a look at a swing trading opportunity on Brent Crude Oil as price breaks through a counter-trend trendline support. If price pulls back to 72.10 we can look for further shorting opportunities down to the 161.8 Fib extension.
Good Morning Traders! I am sharing a short review of Nasdaq, WTI / US crude oil, Gold and EURUSD! Trade safe!
Good Morning Traders! I am sharing a short review of Nasdaq, WTI / US crude oil, Gold and EURUSD! Trade safe!
Hi everyone! Raphael Comte here for a short review of the markets' state before the opening of the NYSE! Live streaming at 12:30 PM PST! Have fun and trade safe!
hey guys hope you doing well i am sharing my views with you for gold its just for educational purpose i am bullish
all mentioned in chart kindly have a look and stay with trend
hel all check my view and if any disconnect lamme know
Traders, Welcome back to new video analysis here at tradingview. I am looking at EURUSD, and USDJPY where we see some dollar bearish moves in the near future. At the same time, XXX/JPY pairs can fall even more if stocks will continue to weaken. I will also touch crude oil that turned lower very aggressively last week, but there is room for another 10% drop,...
FOREXCOM:WTIUSD COT Reports Show Bearish Price Forcasting in the Near Future. Will Crude Break Below the $60 handle shortly? Techincals Suggest yes as well