Is It Time To Look At Crude Oil?

Discussion in 'Commodities Forum' started by longtermbull, Jun 26, 2017.

  1. biglivetrade

    biglivetrade Member

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    Yesterday I have taken a buy call in crude oil at 3890 and exited from the call 10:10 pm at 3957

    Total Profit: 67
     
  2. biglivetrade

    biglivetrade Member

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    Today I have taken a buy call in crude oil at 3716 and exited from the call 03:30 pm at 3770

    Total Profit: 54
     
  3. longtermbull

    longtermbull Administrator Staff Member

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    There are two things to consider here - issues in the middle east impacting oil supply and the chance the worldwide economy will slwodown. Which pull is the strongest, the supply issue pushing the price higher or the reduced demand leading to a fall in the price?
     
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