1. Hello Guest Do you know binary.com offers exclusive $20 No Deposit Bonus for FX Binary Point visitors? Click here to sign up

Oil Trading Alert: Crude Oil under $40!

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Dec 7, 2015.

  1. Sandra S.

    Sandra S. Forum Member

    Joined:
    Sep 1, 2015
    Messages:
    4,021
    Likes Received:
    1
    Trading position (short-term; our opinion) : Short positions with a stop-loss order at $54.12 and initial (!) target price at $35.72 are justified from the risk/reward perspective. On Friday, crude oil reversed and declined sharply after the Organization of the Petroleum Exporting Countries' decision to keep production high weighed on investors’ sentiment. Thanks to these circumstances, light crude lost 2.74% and slipped under the barrier of $40 once again. What’s next? The most important

    Continue reading...
     

Share This Page