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HERE COMES THE MONEY !!!Hello, my people, Long time no see, isn't it? The time for the BIG MONEY has finally come! This is the chance of the decade to become millionaires - by investing in oil now. Oil is the door, patience is the key and money are waiting when you open this door. See what's going on - COVID-19 is making oil prices go down, the lowest level for many years. Additionally, OPEC, the alliance of the biggest oil producers, is "punishing" Russia by making bigger output and further decreasing the prices. But how long do you think this will last? Not much at all! The Corona virus dies at warm temperatures and the SUMMER is already knocking on the door in some countries. Also, OPEC doesn't have interest in maintaining low prices as it loses the most from it. And whats MOST IMPORTANT - the potential profit is over 5 times more than the potential loss. THIS IS FIVE TIMES, MY PEOPLE! FIVE TIMES!!! And it is if the price of oil becomes 0, which is impossible. So my expert analysis is just invest considering the worst case of oil becoming 0 (which will not even happen for sure). Then just wait for the price to go up until you are satisfied with the profit. Please, note that this may take several months or even 1-2-3 years. As I said, patience is the key. *NATGAS goes together with oil so you can do the same there. BITCOIN Cast shows similar patterns as well. Good luck, you young millionaires and soon YOUNG BILLIONAIRES!
FX:USOILLong
by YoungMoneyBillionaires
Oil Opens Down -25%! More downside?So did look at this chart on the weekly. We had an initial downside move after multiple higher lows and higher highs, and we were expecting a lower high swing to be made. This did not happen for many months. The 61.8 fib held, and just on Friday, we confirmed our first lower high swing because remember, to confirm a swing, we need a new lower low (in a downtrend). Now come Sunday open, the move continued more than I expected and we cut through the first fib zone. Next fib target would be around 21... we should not see that anytime soon, but with this market volatility, anything is possible. So I have spoken before on why OPEC production cuts do not work. Say oil is at 50, and a production cut is agreed on to take oil to 60. If the demand for oil has not changed, an OPEC member has the incentive to cheat on the deal, and produce as many barrels as they were before and sell them at 60 for more profit. Once other members find out about this, they all start producing the same as before and then price goes back to where it was and you are back to where you first began before the production cut. What angered the Saudi's was the fact that if demand remained the same, their market share was taken away. It was taken away by Iran who supplied mostly to China and other Asian nations...the fact they accepted any other currency other than the US Dollar was helpful too...and will also increase their market share when we see the US Dollar move higher. Now, we know there are recession fears. Many nations know that oil will be heading lower. Yes, shale did bring a lot of supply to the market. The US became energy independent, and brought on a lot of supply adding to the supply glut. And yes, bringing oil prices down will impact shale production...but more importantly, it will hurt the banks, who were forced to loan to these oil/shale companies the last time oil fell in order to prevent massive layoffs. They will pay for it now. These are zombie companies, needing more debt just to stay afloat (maybe lower rates will help them out). So, going back to the idea that nations know oil prices will fall due to the looming recession. If you are Russia, or Iran and know this, you want to pump as much as you can now, to make as much money as you can. Media is using the shale production story, which sure might be true. However, I think Saudi Arabia doing the Aramco IPO was a telling sign of this eventually occurring.
TVC:USOIL
by Uncharted-FX
The NFP and the OPEC data & few reasons for pessimismFriday promises to be an extremely eventful and interesting day. On the one hand, statistics on the US labor market will not let you get bored in the currency and stock markets, and on the other hand, the results of the OPEC meeting will determine the dynamics in the oil market. We will talk about this and much more in today's review. But let's start traditionally with news about the coronavirus. As the number of cases in the world grows, measures to contain the epidemic are tightened. Italy closes schools and restricts public gatherings. Companies continue to revise their forecasts for financial results. Quite frightening figures were noted by the International Air Transport Association. According to their experts, the industry’s losses from coronavirus may amount to $ 113 billion. And there are already the first victims of this. Chinese Tourism and Financial Conglomerate HNA Group Co. was taken under state control. That is, in fact, the company ceased to exist as an independent entity. Indicative in this case is the fact that one of the main reasons for the fall of the company was its high debt cut (about 85 billion). The evidence is that this is generally very typical of Chinese companies (overblown debts). HNA Group Co. clearly demonstrated how quickly one of the fastest-growing companies can go bankrupt. In general, there are enough reasons for pessimism. Realizing the impasse of monetary incentives, more and more countries are using fiscal instruments (mainly increased government spending) as a measure to combat the effects of coronavirus. Asian countries are so far ready to pour in up to $ 40 billion, and the United States - about $ 8. They are also trying to fight the consequences of coronavirus in OPEC. Today there is an attempt to carry out the following agreement: to withdraw from the market another 1.5 million b/d with a minimum of the end of the second quarter. So far, Russia remains a stumbling block. If she can be persuaded, a very serious reason for price increases will appear in the oil market. So today we will buy oil in the hope that everyone will agree. The deal seems to be quite good, if only because the stops are relatively small (places below 44 or closes on the fact of negative news), but the profits are very ambitious (an increase of up to 57 or even higher for the WTI brand). The key event of the day for other financial markets will be the publication of statistics on the US labor market. Since the data will be for February, there is a risk of failure in the numbers of NFPs in connection with the coronavirus epidemic. However, the dollar has already lost quite a lot in the foreign exchange market, and the data from ADP came out unexpectedly good, so today we will buy the dollar.
TVC:DXYLong
by Trade24Fx
2
LOW RISK OPTIONS TRADE - SWING TRADE - GEOPOLITICAL TRADEAll comments and likes are very appreciated. _________________________________________________________________________________________________________________ Today OPEC+ is going to make a decision to cut OIL production or not to cut. The decision mainly depends on Russia now and thus situation in the Oil market is very binary. Russia, for its part, sees U.S. shale on the ropes, with financial stress deepening for small and medium-sized drillers. U.S. oil production growth has slowed dramatically in recent weeks and months, and if WTI lingers below $50 for a lengthy period of time, output will plateau and may even decline. The best Low-Risk trade with High RRR would be right now to buy Futures Option for WTI. For example, price of WTI at this moment 45.56 - thus you can buy a Naked Call at 50.00 just for 0.28-0.30 USD - very cheaply and thus low risk. If OPEC+ cuts production - we can see Oil rally to 50, in which case you will be able to sell your call for around 1.00 -1.50 USD - thus your RRR will be 1:5. I wouldn't recommend to just go Long on CFD or Futures without a hedge - as the move can be very quick and you can get slippage and a big loss on your position. I and/or others I advise - Bought 50 Call @ 0.28 _________________________________________________________________________________________________________________ All comments and likes are very appreciated. Best Regards, I0_USD_of_Warren_Buffet
OANDA:WTICOUSDLong
by I0_USD_of_Warren_Buffett
What does a market reaction to the Fed's decision say?Since yesterday, by and large, was the first full day of working out the Fed’s emergency decision to lower the rate by 0.5%, today some results can be summed up. And they are generally disappointing for optimists. In theory, stock markets should have perked up and provoked a sharp increase in stock indices. But this did not happen, that is, there was growth, but not at the scale that could be expected. In theory, the pressure on the dollar should have intensified. But yesterday, the Dollar Index rose. In theory, the Fear Index was to drop significantly. But according to the results of yesterday, the decrease was insignificant. What are all these signals talking about? The magic of Central banks no longer works the way it used to. Lower rates no longer automatically resolve existing problems. And this is a very alarming signal for stock market buyers, gold sellers, and other optimists. It seems that the bubble is nevertheless broken and the air, despite all the efforts of its creators, is gradually coming out. In general, monetary policy has exhausted itself and this is an extremely alarming signal: if the situation worsens, it will not be possible to resolve the situation with the usual methods. The consequences of the coronavirus have not even begun to appear, and Nasdaq is quoted 10% below the maximum and, it seems, can no longer grow with the certainty with which it was literally a couple of weeks ago. So in everything that happens, we see the strongest confirmation of our basic investment ideas: sales on world stock markets, and especially on the US stock market; gold purchases and sales of risky assets (such as the Russian ruble). But back to the events of yesterday, which was very full of news. The Bank of Canada lowered the rate immediately by 0.5%. The Canadian dollar obediently worked this out, losing about 100 points paired with the dollar. But in general, the reaction was relatively calm at such a massive reduction in rates. US employment data from ADP turned out to be quite good: +183K with a forecast of +170K. What sets in a positive mood against the dollar ahead of Friday's official statistics. The ISM Index in the non-productive sphere also pleasantly surprised: 57.3 points with a forecast of 54.8 points. But the Eurozone indices traditionally fell short of expectations and for the most part, came out worse than forecasts. Well, the results of super-Tuesday played into the hands of the dollar, on which Biden won quite unexpectedly, who is considered a more adequate option from the Democrats as opposed to the “left” Sanders. In general, our desire to sell a pair of EURUSD intensified up to the recommendation to sell the pair from the current ones with the addition of any attempt to grow. Oil stocks in the United States have grown quite slightly, but all the attention of oil market participants has been riveted to the OPEC meeting and OPEC+ decisions. It is very likely that today some specific information will appear that could provoke strong movements in the oil market. If OPEC+ decides on additional reductions (ideally about 1 million b/d), oil has a chance of growth. The main stumbling block is Russia and its unwillingness to scale up the reduction.
by Trade24Fx
Epidemic is fading & expanding, the Germany recessionThe basic news background is still unchanged: the number of new cases in China is decreasing (+/-500 per day), that is, the epidemic is decreasing. But this is offset by an increase in the number of cases outside of China. And an epidemic from local is increasingly striving to become global. Lockdown in Northern Italy, panic in Iran, growth in the number of cases in South Korea (already under 1000), lower forecasts for financial results from leading companies - all this puts pressure on risky assets, the outcome of which continues. Experts continue to voice new estimates of the damage caused by the epidemic to the global economy. For example, at Oxford Economics Ltd. voiced a specific damage figure: minus $1 trillion of global GDP. Recall that the damage includes direct losses from the downtime of the Chinese economy, losses in tourism and entertainment, as well as in the destruction of global supply chains, a decrease in global trade and investment. At the same time, news about the development of an effective vaccine (the release is scheduled for April), as well as about the desire to allocate about $ 2.5 billion to the Trump administration to fight the epidemic and develop a vaccine, helped to temporarily defuse the situation, which made it possible yesterday to buy gold at great prices. In general, the tactics of buying gold on the slopes proved to be quite effective. So today we will continue to use it, especially since yesterday gave clear price guidelines - where the price might go. Macroeconomic statistics naturally continue to remain in the shadow of news about the epidemic. Nevertheless, we continue to monitor the state of the global economy. Germany reported yesterday on GDP growth rates in the fourth quarter of 2019. Growth turns up zero. Thus, the recession in the leading Eurozone economy was delayed for 3 months. But it looks almost inevitable. Saudi Arabia, meanwhile, pretty upset buyers in the oil market. The point is that OPEC+ was never able to agree on anything. Against the background of expectations of a decrease in oil demand in the world, the news looks like a bearish signal. Recall that we recommend looking for points for oil sales - the fundamental background is so far extremely negative. Well, do not forget to sell euros on growth, as, for example, this could be done yesterday. The economic situation in the Eurozone looks extremely unsightly, and the visit of the coronavirus to Italy (over 200 patients) makes the sale of the euro, in our opinion, an almost risk-free transaction. Our basic positions today are unchanged: we are looking for points for buying gold (but we are careful - we buy on the slopes with mandatory stops), we sell oil, we sell EURUSD, we buy GBPUSD, we sell USDJPY with small stops.
FOREXCOM:XAUUSDLong
by Trade24Fx
2
WTI: just some infosHi Guys, Please add your comments and if you have any questions please do not hesitate to ask. Thank you for your support and for sharing your ideas. Disclaimer: Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. Cozzamara is not responsible for any liabilities arising from the result of your market involvement or individual trade activities. IMHO: The point of trading is to make money. To make money you must have money. Depending on the money at your disposal, you can decide what to do and how to do it. By having stops you decide how much you are willing to lose. By having targets you decide how much you want to earn. Be disciplined with your protocol and with your strategies for trading. Sometime you win, sometime you lose. Don't be greedy. Be realistic. Be wary but not afraid. Be curious. Use your brain. As long as your working process make sense and your spirit is calm, everything will be fine. Be patient and be prepared for any circumtances.
FX:USOIL
by cozzamara