empty
 
 
01.02.2023 02:13 PM
Trading tips for oil

This image is no longer relevant

Due to the warm weather and oversaturation of the LNG market in Europe, oil prices fell more than three times since last fall, breaking through the important technical level of 3.5. Despite this, there is a chance for a price increase as winter is not over yet, and any cooler weather will bring up the demand for gas, which could be an easy profit.

This image is no longer relevant

So, starting from the current prices, traders can set a grid of buy limits in increments of 300 pips. Exit the market upon the breakdown of 3.520.

This strategy is called grid trading, which involves holding positions that are significant in time and distance.

Good luck and have a nice day! Don't forget to control the risks.

Andrey Shevchenko,
Analytical expert of InstaForex
© 2007-2024
通过InstaForex赚取加密货币汇率变动的收益。
下载MetaTrader 4并开启您的第一笔交易。
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $6000 more!
    In December we raffle $6000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

推荐文章

现在无法通话?
提出您的问题,用 在线帮助.
Widget callback