Has been making some moves to the upside recently.
Hard to find analysis about it. Might be a good short at 480, stop at 520, and take profit at 400. Will see.
I heard that some platforms or brokers were messing up during the oil crash. Good to have that covered just incase. You think it'll go negative?
Saw this on Youtube the other day:...
Well, for a day trader you've pointed me to some good information. Thanks.
Oh. So you're a day trader. That's cool. I tried doing day trading about 10 years ago but wasn't successful. Now I'm doing mostly swing trades...
Looking at the lumber long term chart, seems to be heading for major resistance at 480: https://www.tradingview.com/chart/?symbol=CME%3ALBS1!...
Are you referring to the Rice University material? Didn't find much from that search result. Saw a chart that seemed to show US Nat Gas...
Is that saying that crude oil prices tends to be higher in the summer and lower around winter? What's your position on the brent crude price?...
If brent prices come down I see it having strong support at 36. This might actually happen given the weakness I see in the S&P chart. S&P and...
Managed to roll over my Brent contracts yesterday to the next month. Made 2 cents "profit" or credit on the roll over with a limit sell order. I...
I'm in it for very long term, so if prices go down I'm staying in. Should have the capital to cover some moves to the downside, but if it goes...
At very low levels historically. Long term monthly chart looks very good. Did a little research on it last night, is predicted to be more used...
On the brent contract I'm not shorting. Time frame I"m looking at is daily chart.
The price to roll over was cheaper some days ago when the market was up, I think backwardation. Now it costs more to roll over. My broker has a...
Also, if I go with say October, and there is a major war that brings oil prices up, are the later months like October going to be as affected by...
Can you elaborate more about what those risks are?
Rolling every other month would mean to go with the October contract now, right? Your concern seems to be another crash in oil if I understand....
I think I'll just roll it over to the next month. I guess that is how it's normally done. How long before the last trading day do people...
[ATTACH] Here is what it looked like a few minutes ago. I'm currently in the August but must roll over soon. October is lower, backwardation?...
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