Crude Oil Trading

niftytaurus

Well-Known Member
I am using BB since last 1-2 months. But problem is that my tgt are fixed and most of the times SL is wide thus over all profit goes whenever it gives loss.
also tried with some filter but filters makes entry late as BB catches TOP and BOTTOM. (If succeeded)
Hi Ankur bro
BB works perfect in sideways..It does catch top & bottom..but In trend, it will not
thanks
 

ganeshams

Well-Known Member
http://www.investing.com/analysis/wti-crude-daily-forecast---12-february-2016-384357


WTI Crude suddenly looks like it is ready to rally! I would actually buy oil with a wide stop below $26. A break above 2740 targets first resistance at 2810/15. We should struggle initially but further gains target quite strong resistance at 2880/90. Don't rule out a break above here however for 2940. Here there is a good chance of a high for the day but shorts need stops above 2980. A break higher is a good buy signal and targets strong resistance at 3040/45.
 

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