Investing.com - Financial Markets Worldwide
⌛ Did you miss ProPicks’ 13% gains in May? Subscribe now & catch June’s top AI-picked stocks early.Unlock Stocks

Crude Oil WTI Futures - Jul 24 (MCGBc2)

MCX
Symbol
Exchange
Currency
CLDerivedUSD
WTCLc2ICEUSD
WTCLc5ICEUSD
WTCLc4ICEUSD
CLc7CMEUSD
CLc6CMEUSD
CLc5CMEUSD
CLc4CMEUSD
WTCLc3ICEUSD
MCGBc1MCXINR
WTCLc1ICEUSD
MCGBc3MCXINR
MCGBc2MCXINR
CLc3CMEUSD
CLc2CMEUSD
CLc1CMEUSD
JCOc1TOCOMJPY
Currency in INR
Disclaimer
6,693.00
+69.00(+1.04%)
Real-time Data

Crude Oil WTI Futures Discussions

sell mcx target 6600
The majority in OPEC needs a WTI price above 80 by June 2. Then, with a relatively high price, it will be easier for them to push through an increase in production capacity. And unanimously refuse to extend the reduction. I think this is the plan. In general, the Arabs are pumping oil now. American bankers are simply watching. There are no large volumes.
some kind of global story to abandon production cuts for a long time
Pumping up oil before OPEC meeting . Until May 31st this crap will be dragged up, and on June 3rd it will fall into the abyss
It's all speculations.
Wow ! All here are so bearish ! No wounder its going up & up .. GL
yeah, that is the reason for that
I will trade in an other day, since this kind of AI controlled trading situation does not help for bear and bull either.
do not jump in this train blendless, since the big money is in control, could be wrong in both way, e.g. could change the direction at any time point.
Big money is always in control, it can always change direction at any time.
that is correct, but some times is news event based, some times not. News event based you might know, if not news based, you can not know.
Do jou think that US market will dump in ?
this will dump quickly, as long as enough SL is wrapped out or enough buyers has jumpped in the train.
big red candles,,waiting min 1$ correction must
no one here likes free money, this is going to $99
next 2 days just bearish
i want to see 31 again by friday
profit booking on the way
bullish done
Although this kind of pump without dips Algo is shameless, but it might be effective, so what can I say, this is crucial market.
It's a kind of pump that doesn't let shorts to go out unless they hit their SL and doen't let longs to jump in, so I guess it's totally intentional. And they did it with low volume. Big Boys totally in control.
this is not market behavior, this is Algo trading strategy based on the trapping situation, not news affected anymore.
And hod fell
initiating sell for target 79 /78.50
-6.9 YELLEN BIDEN JEROME WANT SO BAD
crude oil buy call also blast and hits Comex high80.36 and mcx high 6719, our all target also completed unders given time frame, buying level given on 24may at 76.70level and mcx level was 6405, and again single level double lot strgy work well, and comex crude reward us 7.32$ gain from both lot, similarly 314points bumper gain from both lot in mcx crude also. Enjoy back to bumper gain in all comodities.. stay tuned with Jai Hind more fireworks calls
80.5 sold tgt 79
me too
Still more pump to come
They are going to raze shorts SL then it will dump.
I'm -570$ right now so not happy with that, but c'est la vie my friends. In this business you win or you learn.
15m nice bull flag
I'm holding shorts from 77, would you suggest me to hold them or I have to cut these positions in loss?
Hold them firmly, Manage your equity well, This junk has to drop back at least to 78.60 level any time
don't keep your losses increasing
what you think, at which level it can go?
What a strong resistance holding this for over an hour, nice.
Nah, it will break up.
If you are trapped, I recommend you to change the short term slowly to long term around 80$ and balance the short under 80$, since there is no sign 80$ is broken soon. It is also not easy for bull right now, since there is no safe entries, so at best do not trade, just wait.
How high this trend can still go up without dips depends on your SL of shorts, bears, and also depends on how shameless the big money is, but this will be an end some day this week.
Its heavily sold at 80.54 level, Stop discouraging others to short it, there should be an end to your greed, If it didn't give a dip of more than 0.40 since a couple of days, You know what that means? a $2 Dip is due here, Look for 78.60 today !!
First break 80$ and come here post your commit again.
Where do you see 80.54 is heavily sold ??? I only see low volume pump at futures, bear's volume didn't show up for now. . .
so the situation is like this, this will pump until it reach the SL of short under 80$, and after that this might retrace back around 80$, then it is again for another pump up, if this break 80$, then the up trend is done, we are back and the long above 80$ might become meat on the table again.
...
Install Our App
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.