Hello Traders
in my opinion it's time to sell oil at the break of a round strong number of resistance (64,30) . the trade have a high probability du to the APi & EIA reports as well as the US production but stay on your risk management
be careful of the rodeo ( because market maker have to switch its long positions to short ones ) ;)
Good luck
Trading on margin carries a high level of risk, and may not be suitable for all investors. Past performance is not indicative of future results. The high degree of leverage can work against you as well as for you. Before deciding to invest you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. So you should be aware of all the risks associated with f trading .
in my opinion it's time to sell oil at the break of a round strong number of resistance (64,30) . the trade have a high probability du to the APi & EIA reports as well as the US production but stay on your risk management
be careful of the rodeo ( because market maker have to switch its long positions to short ones ) ;)
Good luck
Trading on margin carries a high level of risk, and may not be suitable for all investors. Past performance is not indicative of future results. The high degree of leverage can work against you as well as for you. Before deciding to invest you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. So you should be aware of all the risks associated with f trading .