Highlights

WTI Crude Oil Updates

Author: InvestorsDoctor   |   Latest post: Tue, 31 Dec 2019, 12:23 PM

 

Daily Futures Commentaries: [WTI Crude Oil] 17/5/2019 - Testing rebound, watch out for Fibo level

Author:   |    Publish date:




17/5/2019
 
*WTI Crude Oil Jul 19*
 
Previous Close: 63.06 +0.97
 
Please be noted that Jun 19 contract will be expired on next Tue 21/5, traders may choose to trade Jul 19. Oil lifted more than 1% yesterday as tensions in Middle East grew. Watch out for US oil rig count on 1am tomorrow.
 
Hourly chart showed oil testing 50% Fibo retracement level of swing 66.44-60.10, close above 64 for more upside.
 
 *Classic Support & Resistance* 
Resistance:  64.81 66.44
Support:  62.16 60.10
 
 *Recommend Trading Plan for the day:* 
1. Buy 63.70, stop 63.58, profit 63.82/63.94/64.06
2. Look for sell signal below 63
 
*WTI Oil Margin Requirement (per lot)* 
WTI Crude : USD 3465
Mini Crude : USD 1732.5
 
Join us to discuss & trade together FKLI, FCPO, WTI Crude Oil, Comex Gold, Mini Dow Jones etc Futures markets !!!
 
Please SHARE & SUBSCRIBE our YOUTUBE channel for latest FREE futures trading videos !!!
 
https://www.youtube.com/channel/UCnOB_UmIXe3OTE2SgiK9kpg
 
Join our FREE channels to find out more on futures trading !!!
 
Telegram link: 
https://t.me/investorsdoctoracademy
 
Facebook link:
https://www.facebook.com/investorsdoctoracademy
 
Or reach out to our contact number IDA Investors Doctor Academy
+601153537589
Share this

  Be the first to like this.
 


APPS
I3 Messenger
Individual or Group chat with anyone on I3investor
MQ Trader
View Trading Signals and run Live Backtest
MQ Affiliate
Earn rewards with MQ Affiliate Program
 
 

294  620  577  445 

ActiveGainersLosers
Top 10 Active Counters
 NameLastChange 
 IRIS 0.26+0.03 
 DGB 0.035+0.005 
 ANZO 0.235+0.005 
 AT 0.0950.00 
 SMETRIC 0.115-0.01 
 PERMAJU 0.335+0.08 
 MQTECH 0.065+0.01 
 JCY 0.365+0.015 
 NOVAMSC 0.07+0.015 
 COMFORT 3.64+0.04 

FEATURED POSTS

1. MQ Trader - Introduction to MQ Trader Affiliate Program MQ Trader Announcement!
2. MQ Affiliate – A smarter way to earn more rewards MQ Trader Affiliate Program
3. MQ Affiliate – How to become an effective affiliate MQ Trader Affiliate Program
4. MQ Affiliate – Upgrading to Affiliate Partner MQ Trader Affiliate Program
Partners & Brokers