Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
I would not touch CL short right now with Bill Gates money. Not without some reversal sign. ES is so far ahead of it, 88 is not a stretch. Something stronger thnan me would need to turn it.
Oil futures rally after China cuts interest rates
MADRID (MarketWatch) -- Oil futures rallied on Thursday in the wake of a surprise cut in interest rates by China. July crude futures (NMN:CLN2) jumped $1.31, or 1.6%, to $86.34 a barrel. The People's Bank of China cut its benchmark lending and deposit rates by a quarter-point, with the move set to take effect Friday. The China move inspired sharp gains for European stock markets and other perceived riskier assets while the dollar pulled back
I slept horribly last night, if I even did sleep. A few weird dreams is all I have to suggest I did. I may not trade. It has to be this new cleanse I am doing. Never tried it before.
CL now in the heart of resistance country... But I am going to pass. I an;t buy in resistance, so can't go long, and can;t short this momentum, so can;t go short...
Reminds me of the night @researcher247 was shorting crude and I was out.