This may sound like a dumb question so please don't make fun of me. Considering that the oil prices are going up does that mean that the USD would be going up also?
This may sound like a dumb question so please don't make fun of me. Considering that the oil prices are going up does that mean that the USD would be going up also?
I guess u must be a scholar in economics in your college, college times.Originally Posted by ;
Well, im bearish on OIL for sometime. So, for me personally I am still short.Originally Posted by ;
Price movement suggest that inventory my be lower this time plus 7. Fed Bernankie speech, probably go up 1 day
The confidence in the markets and the fact that the geo-political situation isn't in the main pages nowadays, reduced the worries of the investors and the price of cruide oil has been sliding for many weeks. In case you haven't opened short positions along the way, do not do it now- you already missed the train... now we ought to wait until the prices break through 86 or 81 before it begins a new bullish session or resumes slipping. It appears like it is going to correct upward and if it does, it may retest the break-down level .
My friends, it is always so with commodities, especially oil, rise, get men following some news occurs along with the price plummets.
A couple of days will be new sanctions on Iran's petroleum, some other problem in the Arab world or some other new, also will probably be launched in another price increase.
If you can open positions right now that support 74, 73 or 69 at worst a period of two weeks you may have a great profit.
http://www.investirfacil.com
I am looking for some systems for oil trading. Can anyone suggest where to look for?
Also any blog/journal of a oil trader I could follow?
Https://www.nigeriaforextrading.com/...1-markets.html[/IMG]Originally Posted by ;
this method maybe can help...
Thanks for your reply.Originally Posted by ;
Where can I get details of this?