Trading Crude Oil? Strategy in trading Crude Oil. Trading Strategy: "The commodity analysis sell rating indicates that crude oil prices should decrease over the short term, whereas a very favorable investor survey means crude oil prices increase over the long term."
Like trading in other markets, to be successful in crude oil we need to keep up with what happens in that to have right decisions for our biz. And so, market reports become important to me and to you guys also, I think. I keep up with the free forecast and crude oil price chart from Futures Crude, just check to see if you can get help. Today, it's said "Oil went to historic highs just under $150 a barrel, only to have an epic collapse that may set up another big rally..."
Yes you post this crap regularly....I told you in my thread that oil will have a speculative move at this time days ago....and you just keep looking for something better and keep wasting your lifetime....:clap:
by the way I do not feel like sharing something with you anyway
well the seasonality effect is quite strong in crude oil
usually this market tends to have very long-lasting trends and it is true but the mid-term movements are more or less the same thrhoughout the year
*Our overall outlook for crude oil prices is bearish, as the outlook for global growth is worsening due to mounting concerns from Europe and the fact that major economies around the globe are still weak, and that should put negative pressure on crude oil prices.
*Traders will be awaiting the infamous jobs report from the United States on Friday, and a strong figure could boost optimism and push crude oil prices higher. [Topcommodities Net]