Crude Price One Week from Today

[godoftrading]

Damn do I love markets. One day people on CNBC say crude to $200. The next Donald is on saying $50 and everyone agrees with him.

So I would like to play a little game and get everyones prediction of the crude price one week from today July 25th. Just a simple number.

 

[Hoggums]

[size=+1]3.14159265[/size]

 

[szheng]

It matters not whether the oil price is going to heaven or hell. The best thing with crude is its volatility. So you go with the trend. You never go broke by going with the trend. In fact I have seen many ppl making fortunes by going with the trend. You just have to know when the trend reverses and you have to switch your position.

 

[Arf]

It matters not whether the oil price is going to heaven or hell. The best thing with crude is its volatility. So you go with the trend. You never go broke by going with the trend. In fact I have seen many ppl making fortunes by going with the trend. You just have to know when the trend reverses and you have to switch your position.

Have you ever considered going on mastermind? Specialist subject..... the bleeding obvious :smart:

 

[BSD]

Fraid only God and Spanish can say where it's going to be next week.

;-);-);-)

 

[szheng]

we obviously have differing opinions but that is fine because I am not here to make an argument. You can trade it in a dozen different ways and still make money. So it is your judgment that counts, systems are only tools.

I personally do not believe in predictions. There are very subtle things that change investor sentiments. I am not at that stage to make any judgments yet. But I believe when that happens it will be reflected in the trends.

 

[Vrothdar]

I'm calling $42.

 

[Hoggums]

I'm calling $42.

Do you want to stick a '1' in front of that?

 

[lockout]

I'm calling flat at $130.

 

[doberman]

I call 139$

 

[RogueTrader888888]

150

 

[Guesswho]

Fraid only God and Spanish can say where it's going to be next week.

;-);-);-)

I am here as Spanish89's spokes-person and representative while he is banned from this site until 8pm UK time, 19th july 08.

He says that even he cannot make an accurate forecast 1week in advance, he does his the night before to make sure he can get them as precise as possible for all the people who follow his calls everynight now.


His prediction is that it will be around $126.50 1week from now though.

 

[littlemog]

Well, I'm no Spaniard but I guess in the name of fun,

$125

I am here as Spanish89's spokes-person and representative while he is banned from this site until 8pm UK time, 19th july 08.

He says that even he cannot make an accurate forecast 1week in advance, he does his the night before to make sure he can get them as precise as possible for all the people who follow his calls everynight now.


His prediction is that it will be around $126.50 1week from now though.

 

[yellowlion]

Put this together for Sunday's newsletter, thought it might help with your forcasts. The Q2 IEA data is available for 2000 euros starting July 10.

I'll say $120

​

 

[Tenapenny]

$128

 

[trader_dante]

$128.79

 

[graemenash]

I'd be surprised if we don't see $125 before any rally takes place.

 

[sujithsstorock]

i am a technical analysist/trader. crude had a very good upport at 130 $. now its broken n its heading to 126 $ A BREAK OF 126 $ PUTS CRUDE IN JOEPARDY N HE SLIPS FURTHUR TO 121 $.

121 should be the rock bottom . (61.8 % fibonacci retracement )

from there i wish to see new highs in crude. watch out for a " dead cat bounce" from 126 or 122 $ levels. a rally of 5-12 $ in one trading session is possible. 5 $ if its bouncing off from 126 $, else 10-12 $ if 121 $ region is respected as support..!


http://www.trade2win.com/boards/met...-medium-term-intraday-calls-gold-here-32.html

 

[Vrothdar]

Do you want to stick a '1' in front of that?

It wasn't a serious forecast. Just went with the meaning of life.

 

[trader_dante]

Just for laughs I've drawn how I expect the Crude Oil market to roughly play out over the next five days.

Bear in mind I'm not placing any trades based on this, it just seems like the most likely course based on my view of the market.