Recent content by hamada

where do you find news about Oil? it's hard to find any foundamental about it

I believe in sharing information instead of keeping it to ourselves, let's share info so we all profit and let the bank loose! hint: take any forex trend following system + pivot point and look at the magick in 15 and 30 minutes charts and trade only when you have a signal in direction of longer...

I use pivot point to know S/R and moving average to trade in the direction of trend on 15min chart only

I think it's best time to trade oil during EU crisis for pure technical trader, since in comparaison to EUR/USD there is no suddent spike in price that make trend following difficult.

I started scalping on OIL recently as it has smallest spread (1 cent) among other CFD and also I find it respecting more technical analysis (pivot point and fibo) more than currency, so unlike popular opinion it is actually easier to trade.