Crude oil traded at -$40 per barrel and that is a historic move. It will go down in the history books.
In this video, we want to show everyone how to track and analyze futures on TradingView, specifically future contracts in crude oil CL1! and CL2!. On TradingView, it's possible to study any futures market and break that market down by each month. CL1!, for...
4.21.20 Yesterday was a challenging day in oil. Some things happened that required a change in strategy and I will discuss the issues. However, my premise that markets can be read with much more precision if you acknowledge that markets expand and contract and that you can recognize the changes, and that you can use certain tools such as structure and reversal...
I made a few assumptions and mistakes using trading you as I prepare to trade the futures market next month. I made some mistakes with continuous contracts when trading view, and I thought I could use a oil CFD as a surrogate market for the futures market and that turned out to be a mistake on my part. I'll explain some of us on the video. I show a potential set...
👋Hello people!
This is the topic of the day.
In short video I explained basics of this price action. 👇
Why it is happening!
Can I buy Oil cheap now?
Global recession?!
Will other markets follow? 👇
Not really. But this is example of Futures trading. And new traders should understand one simple rule — Everything Can Happen!
Thanks for your attention!
Recommend to...
Hope this idea will inspire some of you !
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Kindly,
Phil
4.17.20 US citizens should be trading the oil futures, not the Forex oil even though they correspond very closely, you should take a look at this video. I showed some follow-up on gold; and I give a brief review for new followers on how I view the market. Please give a thumbs up if you like the video.
9 Apr 2020 recap - just when every one cheers up on a deal among Saudi Arabia, Russia and OPEC regarding production cut, crude oil futures( NYMEX:CL1! ) was sold into strength and broke the support at 24.
Crude oil had a jump initially to test 28 but was quickly rejected and dropped below 24.
Volume has increased during the slump of the crude oil futures...
