Welcome to the TFC Commodity Trading Forum.
Please feel welcome to join in on these informative ongoing discussions about trading futures and commodities.

The Trading Forum is intended for the open discussion of commodities trading. The management of this Forum does not agree or disagree with the ideas exchanged, and does not exert editorial control over the message posted herein. Read and post at your own risk. The risk of loss in trading or commodities can be substantial. We discourage the use of this Forum to promote trading that is acknowledged to be risky. Please note: many links from the Forum lead to pages on other web sites. We cannot take responsibility for nor endorse the information presented on those sites.

TFC Commodity Trading Forum

Re: Jacko - OIL
In Response To: Jacko - OIL ()

Siverbear:
You're right; .. most technical projections are getting rikety, .. there're invisible parameters behind it.
I think, the 44-area is a stable support; if broken maybe for short period; .. it may swing between 44 - 55 range; .. possibly need to change position every second day.
They might not afford the $25-level; .. I wonder how many tankers are floating by now! :)

Trade well!
J.

Messages In This Thread

Jacko - OIL
Re: Jacko - OIL