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Brent Oil WTI Futures - Aug 24 (LCOc1)

ICE
Symbol
Exchange
Currency
LCODerivedUSD
BRRTSc1MoscowUSD
LCOc1ICEUSD
LCOc2ICEUSD
LCOc3ICEUSD
LCOc4ICEUSD
LCOc5ICEUSD
LCOc6ICEUSD
LCOc7ICEUSD
Currency in USD
Disclaimer
79.47
-0.40(-0.50%)
Closed

Brent Oil Futures Discussions

I have not exited any of my shorts today. see you next week!
Red monday ahead
🔴 ENERGY DEPARTMENT SEEKS 6 MLN MORE BARRELS FOR THESTRATEGIC OIL RESERVE.
I opened a sp @80.34 after some days staying aside and closed 50% of them @ 79,86
Beauty! They keep dragging up back over the 80.00 though, best to take small profits
really needs to break the streak of higher lows in order to have ANY chance at lower 79...now its just 100% uptrend
Sold today’s SP80.37 and 80.20 at 79.87
Citi made an adjustment to its forecast for the U.S. Federal Reserve's monetary policy, moving its expectation for the initial rate cut from July to September.
Added larger SP80.37 and will wait
upwards manipulation is, indeed, back on the table.
It’s slithering like a viper, sneaking higher imperceptibly
Camels are chewing toffee
Bought SP80.20
yes keep shorting,I am buying
closed 5k in 1hrs
position closed, 5k in one hour
Good job :)
It’s fascinating how a price can be propped up so precisely (I don’t believe this is competing bulls versus bears)
Perhaps the objective is to achieve a close above the psychological 80 barrier, at the end of three weeks of heavy selling
Mo So really caught the top with 7 cent inaccuracy...legendary trading from this man
we might still get a huge spike upwards to trap buyers and hit shorts SLs
false breakout that is
yes, never count out the bisons or the saudis when oil is below 80...
Sold todays SP80.26 at 79.95
Also sold today’s SP80.03 at 79.83
Only gave these back cheaply because I have two other SPs and really don’t trust those scary big green candles
Collaps !
🇺🇸 Nonfarm Payrolls (May), 272K Vs. 180K Est. (prev. 175K) 🇺🇸 Unemployment Rate, 4.0% Vs. 3.9% Est. (prev. 3.9%) 🇺🇸 Avg. Earnings, (YoY) 4.1% Vs. 3.9% Est. (prev. 3.9%) 🇺🇸 Avg. Earnings (MoM), 0.4% Vs. 0.3% Est. (prev. 0.2%)
Or Fed speak is to assert that all options are still on the table
Think we will at least see a dollar down from day high today.
At least thats my target for my first SP of the day, the rest ill keep to those previous mentioned levels.
big ooff from NFP
SELL is coming  as drop and drop ,AH,HAHA.
The whole of Turkey is going wild before the holidays!
gold and silver big dumpy dumpy today. lets see if USA wants to sell oil as well, wouldnt mind it at all.
Fridays are always terrible on metals :D
demand very low so cutting in production target intact
90$ tonight as russia and Saudi says the additional cuts will continue till 2025 🔥🔥
Added larger SP80.26
I wouldn’t be surprised to see another dollar higher before any pullback, which would be perfectly timed for the nonfarm payrolls in one hour
I would like to see that to be honest, would ultimately help to generate a larger sell off.
New SP80.03
80,29*
Buy or sell
my opinion is obviously to sell but I leave it up to you to decide
78 again going
After we hit 81, maybe
✈️
Sold today’s SP80.00 at 79.58
Good scalp! I cant be bothered with that type of stressful trading anymore, so try to avoid it :D
Thanks, I know what you mean. This one was in conjunction with my smaller SPs 79.01, 79.18 from yesterday, still running, to help stabilise the position. I do fear a Saudi-led gratuitous pump in this murky world
you'll eventuelly get there to close them too! GL
...
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