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Crude Oil WTI Futures - Jun 24 (CLM4)

Real-time capital.com
Currency in USD
Disclaimer
83.66
+0.09(+0.11%)
Closed

Crude Oil WTI Futures Discussions

there is nothing that we can gauge our future by. we have no way of knowing how the future will play out. so much information in our world it clouds our judgements and confuses us. the FACTS: The coronavirus hasnt gone, it is worse than it was at the beginning of the year. Oil has become cheap and production is increasing. People are blindly throwing money into the markets. Lockdowns were eased. Vaccines are rumoured but yet to materialize China and USA have worse relations than ever Europe numbers going up American numbers apparently going down Digital assets bigger than ever. Weakening dollar Am i missing anything? What can we draw from this?
 you would be right if we were trading physical oil but we are trading futures which are all hypothetical and news based. we need to try and stay ahead of the news to be an effective commodity futures trader
 You are basing your trading on logic.  Trading is not based on logic it is based on emotion—the goal is to exploit other people’s emotions while controlling our own.  I posted my hypothesis based on the technical charts we have.  This goes against most of the rhetoric in this group.  Learn technical trading you will get the hang if this.
Before the -%5 drop  I posted “big move coming possibly to $80 long term but first a fake out most likely” it fell -5% the next day I said BUY—$80 target and have kept my hypothesis all this while with nothing but dislikes—the more dislike in these forums the more i know i am right. GL
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