6.04.2010 – black OIL: price dynamics for April, 7-9

[Nostradamus359]

crude light 6-9 April

 

[Nostradamus359]

Just made a raw (H4) forecast. It is likely that fluctuations will be small, except one move on the 7th of April. (To improve accuracy, will do recalculation using H1 or H2???). not sure yet

Strong downward movement will be on April 7 after 4.00PM, or just after, because the interval begins at 4PM MST.

Recommendations: If you're trading - this is a movement to which you may want to pay attention to and utilize. this forecast was made at 7,50-7.55AM Moscow time.

 

[piparb]

thank you very much for your analysis I would say the same .
Oil is overbought and must come down this night or tomorrow .
I see the €/yen falling and that is my indicator , he comes before the Oil .
Also Dow and others too high , maybe thats end in a chainreaction (shortparty):cheesy:

I am short since yesterday in Oil , nowbody makes me hope .... I believe

have a nice short now

Just made a raw (H4) forecast. It is likely that fluctuations will be small, except one move on the 7th of April. (To improve accuracy, will do recalculation using H1 or H2???). not sure yet

Strong downward movement will be on April 7 after 4.00PM, or just after, because the interval begins at 4PM MST.

Recommendations: If you're trading - this is a movement to which you may want to pay attention to and utilize. this forecast was made at 7,50-7.55AM Moscow time.

 

[Nostradamus359]

sold some to prove

 

[Nostradamus359]

I will close it round 8pm MST time, as at that time to move will be over

 

[AC26XP]

I see the €/yen falling and that is my indicator , he comes before the Oil .

Very interesting.
Why the €/yen ?
I would think you would want to pay attention to the €/USD more than any other currency pair.

Could you please explain in more detail why €/yen ?
Other than just to say, Look at the chart... :cheesy:

Happy trading,
AC

 

[Nostradamus359]

it was 4.30-35PM

 

[Nostradamus359]

nicely fit into the 8pm frame) as it bounced back down again ..check the forecast