Oil price forecast for the coming week of January 11-15, 2010

[Nostradamus359]

(to be posted here on Sunday)
Previsioni dell’andamento dei prezzi del petrolio per questa settimana.

 

[Nostradamus359]

January 11-14 forecast in principal is ready!
needs some polishing of graphics

 

[Nostradamus359]

as promised with a slight delay

 

[Nostradamus359]

Local moscow time!!!!

 

[Nostradamus359]

be ready for Wednesday!

 

[Nostradamus359]

just woke up a saw..seems to be true for now

 

[Nostradamus359]

projected move at 14.00 and the real one:cheesy:

 

[Nostradamus359]

every move is calculated for every 2 hours

 

[piparb]

now you see what I have say 2 weeks ago , I believe OIL is going to 100$ ....
And that is normaly in winter , because the OIL is used and needed ...

Don`t analyse the past charts , follow simply the moves of the market ....

every move is calculated for every 2 hours

 

[Nostradamus359]

now you see what I have say 2 weeks ago , I believe OIL is going to 100$ ....
And that is normaly in winter , because the OIL is used and needed ...

Don`t analyse the past charts , follow simply the moves of the market ....

oh yeah,
BUT lets wait for the great move on Wednesday.
Also I do hope no one of BIG shots are using my forecasts))) so we can see unaltered patterns

 

[Nostradamus359]

time of titans is coming

 

[Nostradamus359]

Troika expects Russia's oil production to increase by 1.5% this year compared to 2009. "We expect oil output to rise about 1.5% year-on-year to roughly 10.08 million barrels/day in 2010, mainly on the back of East Siberian greenfields.........

 

[Nostradamus359]

is this the reason of the latest drop?

 

[Nostradamus359]

trade to win really

 

[Nostradamus359]

I even tried to check best entry with 1min interval, so it was lower some 3-7 cents anyway!

 

[piparb]

I would say this is no move , because 10$ is a move .....
In oil the H1 charts are important , so there is the uptrend OK ...
I don`t trade oil now , because there is no price action in oil ...
The price is made from too many news and instutionell traders , they make the oil
bouncing up and down , for me it is not interessant , to trade oil now ...
The long moves are too long and too fast to trade , so you will get fast a margincall ...
Volatility is not anything in trading , that is the only positive in oil trading ...
But take care , oil is a wild biest , and some day it will kill you .....

trade to win really

 

[Nostradamus359]

DJ Indonesia Minister: To Raise 2010 Oil-Price Forecast To $80

The right guy

 

[Nostradamus359]

I would say this is no move , because 10$ is a move .....
In oil the H1 charts are important , so there is the uptrend OK ...
I don`t trade oil now , because there is no price action in oil ...
The price is made from too many news and instutionell traders , they make the oil
bouncing up and down , for me it is not interessant , to trade oil now ...
The long moves are too long and too fast to trade , so you will get fast a margincall ...
Volatility is not anything in trading , that is the only positive in oil trading ...
But take care , oil is a wild biest , and some day it will kill you .....

you can see I put a close stop..but, more importantly I have an exit point today..we'll see

 

[Nostradamus359]

I had 3 different systems tested the trade, so even the forth is somewhat confirmed....is there a chance to...be the other way

 

[Nostradamus359]

what should be then --- a filling of stock before a ...?