11/7/2018
*WTI Crude Oil Aug 18*
Previous Close: 74.11 +0.26
Oil rose on yesterday as supported by larger than expected decrease in API weekly oil inventories but fell rapidly this morning after an escalating trade war concerns. Watch out for OPEC monthly report at 720pm & EIA weekly crude inventories at 1030pm tonight.
Daily & hourly charts showed crude oil in sideway trend, wait for breakout.
*Classic Support & Resistance*
Resistance: 75.27 76.58
Support: 72.14 70.02
*Recommend Trading Plan for the day:*
1. Buy 73.63, stop 73.52, profit 73.74/73.85.
2. Look for technical correction sell signal below 73.18.
*WTI Oil Margin Requirement (per lot)*
WTI Crude : USD 3245
Mini Crude : USD 1622.5
Join our channels to find out more!
Telegram link:
https://t.me/investorsdoctoracademy
Facebook link: https://m.facebook.com/investorsdoctoracademy
[Free English Seminar]
期货&原产品投资交易- 赌博?高风险投资?需要大笔资金?
Futures & Commodities Trading - Gambling? High Risk? Require Big Capital?
不对!如果您一直以来有这样的想法,是时候让IDA 破解您对期货交易的迷思和误解!
NO! Time to Crack All The Myths of Trading Commodities Futures!
Myth 1: Trading is all about making Fash-Cash!
Myth 2: You must have perfect timing to pick highs & lows.
Myth 3: You need a lot of money to start strading.
Myth 4: You must know what will happen next.
Myth 5: You can only make money in trending markets or 'easy' market conditions etc............
IDA will make you fully awake and hate yourself for not knowing about futures trading 20-30 years earlier!
Register Now! Whatsapp to 011-5353 7589 OR
Click the link below: https://goo.gl/forms/shBJRmtlooDpcvyj1