HomeОбразованиеRelated VideosMore From: Trading 212

Crude Oil Facing Headwinds of Rising Output and Tariff Concerns

90 ratings | 2802 views
The price of Oil has dipped this week, pressured by signs of rising output from OPEC and trade tensions between the US and China, taking us back to the $67 to $69 per barrel level we were at back in the middle of July. This video takes a technical look at Crude's price action over the past year and discusses how, despite recent declines, Crude Oil's long uptrend still looks intact for the moment. At Trading 212 we provide an execution only service. This video should not be construed as investment advice. Investments can fall and rise. Capital at risk. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 80% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Html code for embedding videos on your blog
Text Comments (13)
Ryan Meunier (3 months ago)
Hey guys, Just wondering if you could help me understand how to use a short chart to help you trade bullish/bearish. I've heard the term bull and bear traps can be found doing this Thank you! Love your channel, and liking your guys exchange.
Peter Martin (2 months ago)
Hi Ryan, thanks for taking the trouble to comment. I'm not sure I understand the specifics of your question regarding using a short chart to help you trade bullish/bearish. I will certainly consider producing a video in the future on a strategy that is more focussed on a short time-frame. Bull and bear traps are terms that basically refer to fake-outs in price that don't end up being what you were looking for. For example, when the price breaks above a previously-established resistance level, it can look attractive to a trend-following trader, who may buy on the hopes of a new up-trend forming. If the price subsequently slips back into the old range, meaning the breakout doesn't result in a new uptrend, some people call it a bull-trap.
LiveSignalTrade (3 months ago)
I use most of the time Divergence Patterns to make winning trades and it works great!
Andy Wolf (3 months ago)
I have a question from different box. I haven't seen this feature at any brokers I used and certainly not in my favourite t212. Would be possible to add option when cleaning clicking on any index able to see what companies are on it and maybe from there open chart with different stock that's part of that index. Its a small feature but I think it wouldn't cost much and easy to do. Regards
Trading 212 (3 months ago)
Thanks, Andy. Your idea is appreciated and gathered as feedback. Enjoy your time on Trading 212.
Michael Re (3 months ago)
How do I decide what time chart to analyze? I see when you guys go over your charts for strategies they'll be different time charts
Trading 212 (3 months ago)
Hello Michael, you may want to watch this tutorial on the topic - https://youtu.be/UClWf-g1oD0.
Muhammad Arslan (3 months ago)
Can we short here for tp 66.40
Andrew Parry (3 months ago)
Not sure what to make of WTI. Range bound for a while I think. Gold has tanked though. :-) And I note that Facebook has an engulfing bullish candle on the day chart.
Laksh Kumar (3 months ago)
Hi Peter, Thanks a ton for the insight, I am in a trade where I am betting crude will bounce back above the 70s level. Its reassuring to see no sign of a trend reversal yet. I still can't figure out if it's the news that drives the prices or the prices that drive the news.
Peter Martin (2 months ago)
Hi Laksh and thanks for your comment. We would expect the market to inevitably bend to the dictates of the fundamentals with time, but in the shorter term, markets can get pushed around by other factors, such as the behavioural responses of traders to price itself.
Genovacide (3 months ago)
Wonderful update...just in time ;)
Federico Sellitti (3 months ago)
Every night I have a nightmare. I dream that the Oil price broke the uptrend line 😰

Would you like to comment?

Join YouTube for a free account, or sign in if you are already a member.