Crude Oil Trading

TraderRavi

low risk profile
#11
@TraderRavi bhai

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.
crude does not follow pattern, TA as good as nifty but ,
1) it gives large moves in one direction , so if we are in that direction then money money otherwise no time in big loss
2) it changes direction suddenly , like a very bullish move forming then vertical selling starts , crude oil is a beast :mad:
I do not like crude oil trading as much as nifty but winter season timepass.
 

simplebuthard

Working as Trading Assistant. Hire me !!
#12
crude does not follow pattern, TA as good as nifty but ,
1) it gives large moves in one direction , so if we are in that direction then money money otherwise no time in big loss
2) it changes direction suddenly , like a very bullish move forming then vertical selling starts , crude oil is a beast :mad:
I do not like crude oil trading as much as nifty but winter season timepass.
Thanks TraderRavi.

Next month once opened the commodity acct, i will participate more in this thread.
 

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