Discussion in 'Commodities' started by TraderRavi, Jan 19, 2016.
Thread for crude oil traders.
5 min chart
crude deeply oversold in daily TF , bounce is due , but bottom fishing ke chakker mein watt lag ja rahi hai
falling and falling more
$28.72 low so far , may not fall more than $28.50 till Nymex open
swing longs exited yesterday with small loss , not shorting positional , too risky at such low levels. intraday short is ok.
Ravi Bhai every bounce is sold and analyst expecting 20$ target.
As of now selling @ every rally seems to be good
As a NF trader yourself, what pluses and minuses you see in crude oil trading.
Say interms of technical analysis, profit etc.
I planned to open commodity acct next month and trade on that.
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