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Oil Weakness May Intensify
Oil sluggishness may risk turning into a faster selloff, especially as the fuel fails to gain on recent USD losses.
MERRRY CHRISTMAS TO ALL OF YOU
what is your opinion about the Candian dollar. any target for the USD/CAD pair?
thank you very much
Dima
Ashraf
Oil had a good pop this morning after the inventory numbers. Now above $76.00
You mentioned 'strong' oil in the 'Currency Trading' thread.
What is your idea of 'strong' and do you have a new target level?
Thanks.
Ashraf
Tiday again I add one contract of crude near $73.10(NYMEX Feb).I really hopeful on oil and got strength after your positive affirmative note. Congrats Ashraf, you got near $1074 in gold. I bought another EurUsd near 1.4250.Is it too quick decision?
Regards,
Rajib.
Ashraf alaidi i am new here i do really liked your book now i am following everything on your site.
I am self more a news trader everyday i try to share some trades you people also can make ive ya want.http://blackgoldforex.blogspot.com/
I was wondering if anybody here also trades gas futures, maybe it is not the right topic but didnt know where to put it
Ashraf
I was just looking at weekly chart of crude (NYMEX, continuous) weekly chart.There is one bullish pearcing pattern in weekly chart.Even market took sprt near 78.6 retracement level. I got a one long near $72 level.can we expect some rally towards $84-85 range.Though fundamental and other indicators are bearish enough.
Regards,
Rajib.
Ashraf