Jump to content
Sign in to follow this  

Oil! Bloody Oil!

Recommended Posts

It's nerve jangling stuff this Bull market.  I don't like trading Oil much but it seems that every market is Oil at present...

 

I saw this article on the BBC,  http://www.bbc.co.uk/news/business-36092229

 

Seems Saudi, poor lambs, need a loan because of the low oil price.  There is a theory doing the rounds, I don't know if you have seen it, that the Saudi's and other sovereign wealth funds that are largely oil supported will have to start selling off assets to pay for their inflated social system.  If and when this happens they are likely to start with the most liquid and highest value assets and that means stock portfolios...

 

May it come sooner rather than later...

Share this post


Link to post

better to use oil options , it can be very volatile  and chaotic 

 

find a set and forget strategy

 

it is fine ,when it is one side , but humans can not handle chaos

Share this post


Link to post

Join the conversation

You are posting as a guest. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
You are posting as a guest. If you have an account, please sign in.
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Sign in to follow this  

  • Member Statistics

    • Total Topics
      11,997
    • Total Posts
      60,746
    • Total Members
      80,807
    Newest Member
    prakashkonanahalli
    Joined 15/08/20 17:08
  • Posts

    • Trialling Stops please, a must for the ISA!
    • Volume profile, depth of market, orderbook, VWAP, VPVR, VPSV... all the basic things needed which for some reason are disabled.. seems odd that you don't want your clients to see this information? Even FXCM, OANDA, Pepperstone, ICmarkets, FXPRO & many more not listed all allow you to see this and have access to this vital information. ProRealTime v11.. It's about 2 years overdue now... frustrating not only having out of date features but more so when trying to back test things as it's limited on v10.3 to a maximum of 100k units.. that means with every day passing, I lose a day's worth of data.. PRT v11 allows you to have 1m unit backtest.. Also.. Custom, multiple take profits.. allow me to set a desired amount, for example.. ** points or **% at 10 pips away from entry ** points or **% at 20 pips away from entry ** points or **% at 30 pips away from entry ** points or **% at 40 pips away from entry.. Have a look at cTrader.. they do a perfect example of this, in advanced take profit section.
    • Early identification of trend or range days using market/volume profile and candlestick charts.  A mentoring video from the prop firm Axia Futures. (20 min)  
×
×