Anticipating The Next Oil Market Moves

٢٨ فبراير ٢٠٢٣

Hey guys,

Lets look at US OIL.

Tracking oil markets is far easier as sentiment comments in the news don't really need deciphering.

We saw large periods of harsh and rash movement + extreme prices based on high volatility Trading and news influx.

Now, the story is different and people are not rushing to buy oil on the black market or making contingency plans.

Lets go over it and discuss how we can trade it.

Watch for more.

٢٨ فبراير ٢٠٢٣

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Looking for 66/67 for longs 81/84 for shorts front runner first.

٣ مارس ٢٠٢٣

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Scalp shorts can be taken now but MUST be very light.

٤ مارس ٢٠٢٣

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Looking for pushes up next week circa 81 for light shorts.

Risk averse shorts come further at 84

Likely if long side bias sentiment continues.

٧ مارس ٢٠٢٣

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SZ1 hit. Very light entries

٧ مارس ٢٠٢٣

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Exit for gains

٧ مارس ٢٠٢٣

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Completely out of shorts. Any RE push to 81 constitutes very light entries, mid level entries come 84. Early Exits on both.

٨ مارس ٢٠٢٣

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Out for gains.

٩ مارس ٢٠٢٣

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May see a tiny bounce mid market..

However Market remains weak no real upside impetus.

Look for 67

٩ مارس ٢٠٢٣

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^ Make sure if you are Day Trading you are Out early on any upmoves.

١٣ مارس ٢٠٢٣

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you can lightly long at this current pa level. Must be very light Or hold off until risk averse 67$

١٣ مارس ٢٠٢٣

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boom exit for gains.

١٣ مارس ٢٠٢٣

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Very, Very light longs if you take them EARLY exits.

67 for longs

١٤ مارس ٢٠٢٣

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OIL getting stung. Let it drip..

١٥ مارس ٢٠٢٣

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Remember this is an enormous lesson in Trading oil.

The constant poor price movement tells you there are not many oil buyers.

That is why we wait for levels where we know there is likely to be buyers (good PA).

See aformentioned for this.

١٥ مارس ٢٠٢٣

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Scale in long.

١٥ مارس ٢٠٢٣

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exit longs out for gains.

١٦ مارس ٢٠٢٣

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RE light long circa 66-67$ P Barrel

١٦ مارس ٢٠٢٣

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Exit any longs

١٧ مارس ٢٠٢٣

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Too early for shorts; larger rise needed,

Looking long under last low.

٢٠ مارس ٢٠٢٣

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RE long at current PA zones.

Use Indicator REF.

٢٠ مارس ٢٠٢٣

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Exit for gains.

٢١ مارس ٢٠٢٣

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Exit all longs look short 72

٢٢ مارس ٢٠٢٣

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Be wary of pops on news.

Light front runner OK at this point remainder at 72.00

٢٣ مارس ٢٠٢٣

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Start scaling in short

٢٣ مارس ٢٠٢٣

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Out for gains again.

٢٤ مارس ٢٠٢٣

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Oil weak longside hold off longs until RE attack further PA levels 62/63.

٢٧ مارس ٢٠٢٣

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Alike many other markets sentiment limited.

Light shorts just over 72 and longs preferrred 62-63 area (risk Averse)

٢٧ مارس ٢٠٢٣

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Light shorts in now.

٢٨ مارس ٢٠٢٣

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Looking for earlier exits circa 71

٢٩ مارس ٢٠٢٣

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Still short at current PA

٢٩ مارس ٢٠٢٣

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Exit Shorts

٣١ مارس ٢٠٢٣

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Only VERY light shorts early exit.

More risk averse or safe traders can hold off until 80.2 Area. 63 for longs preferred.

٣ أبريل ٢٠٢٣

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Exit shorts taken @ 80.2. Looking for slight higher to 82 RE entry.

TAKE NOTE of recent OPEC news for sentiment with updates to come.

٩ أبريل ٢٠٢٣

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Double note if you are a longer term trader/risk averse trader then 82 is not for you. Updates will come on higher Entries.

١٢ أبريل ٢٠٢٣

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looking 94/95 for Front runner Entries.

٢٠ أبريل ٢٠٢٣

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Looking for longs circa 74.5

٣٠ أبريل ٢٠٢٣

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Still awaiting 73.5-74.5 Area for longs

١١ يونيو ٢٠٢٣

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Price Still teetering in sideways channels. shorts and longs light and in line with natural price movement and structure.

١٤ يونيو ٢٠٢٣

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Brace and Place Orders PRE news.

٢٠ يونيو ٢٠٢٣

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Expecting fall under PREV lows. TGT for longs still much lower.