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WTI H4 | Rising into overlap resistanceWTI (USOUSD) is rising towards an overlap resistance and could potentially reverse from here to drop lower towards our take profit target. Entry: 86.216 Why we like it: There is an overlap resistance level Stop Loss: 88.140 Why we like it: There is an overlap resistance that aligns close to the 38.2% Fibonacci retracement level Take Profit: 83.803 Why we like it: There is a pullback support level Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
VANTAGE:USOUSDShort
by VantageMarkets
Odd things in the oil market, reminiscent of 2022 market topRecently, more and more financial institutions have been upgrading their price targets for oil. Mostly, these forecasts were upward of $100 per barrel, with JP Morgan and some other financial entities forecasting prices as high as $150 in the coming months. About three weeks ago, we tweeted that these statements are very reminiscent of those made in the second quarter of 2022 when many of the same corporations upgraded their forecasts right at the market top (to $150, $200, etc., depending on the entity). While $100 per barrel could be in play if OPEC and OPEC+ (mainly referring to Saudi Arabia and Russia in this regard) manage to maintain production cuts and the U.S. stops releasing oil from the Strategic Petroleum Reserves, we are very skeptical about the ultra bullish calls out there. The first reason for our view is that if the global economy continues slowing down and heads into recession, we will likely see oil demand falling. The second one, which surprises us, is that the Biden administration has not started filling up Strategic Petroleum Reserves despite planning to do so earlier this year (plus, despite oil falling below $70), which makes us wonder why the administration is not buying. Could it be that they completely miscalculated their game and missed the chance, or are they expecting a better opportunity to come (supposedly better than $64 per barrel)? We honestly do not know, but it is very odd, to say the least. Illustration 1.01 The picture above shows the monthly chart of U.S. crude oil production. From the start of 2023 through June 2023, U.S. crude oil production has grown by more than 500,000 barrels per day (by more than 4%). Illustration 1.02 Illustration 1.02 displays the daily chart of USOIL and simple support/resistance levels. Technical analysis Daily time frame = Bearish Weekly time frame = Neutral Please feel free to express your ideas and thoughts in the comment section. DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not be a basis for taking any trade action by an individual investor. Therefore, your own due diligence is highly advised before entering a trade.
TVC:USOIL
by Tradersweekly
14
Equalized Natural Gas and Crude Oil Over DecadesThe goal of this chart is to attempt to show the impact of energy costs in the current economy. We use equal amounts of natural gas and crude oil according to economic websites, so a chart that shows the year-over-year % change of energy costs would be useful to look at so we aren't confused by headlines. Everyone seems to be looking at crude oil as the main driver of inflation, but at the same time refusing to see that natural gas has fallen quite dramatically over the same time window. What I have done with this chart is to plot the ratio of the price of crude oil to natural gas using the 2nd month contract because of the negative price of crude oil in 2020. The current ratio is around 26, so I then used the 26 ratio to plot the top chart. I multiplied NatGas by 26 and added it to Crude Oil to get a "total energy cost" to the economy. I then did a 1 year rate of change to show the oscillations of "bearish headwinds" of inflation and "bullish headwinds" of deflation. Obviously, lower energy prices are supportive of the economy and higher energy prices are inflationary and imply producers and sellers will raise prices, putting pressure on the Fed to raise rates to cool off the economy. Currently, we have a -31.59% YOY% change for the total cost of energy and as recently as May we were at -61%. Granted, energy is not the entire economy. Energy is only 6% of the economy so it is just a small part but it feeds into everyone's costs. Next I will work on some ways to create specific market buy and sell signals to see if we can make a permanent indicator for this idea. Wishing you all well. Tim West 9:06AM EST, Wednesday October 4, 2023
NYMEX:NG2!
by timwest
3
CADCHF bearish due to weak oil prices Bearish CADCHF as Downbeat Crude Oil Prices Put Pressure on the Canadian Dollar The CADCHF exchange rate is currently trading at 0.671, down from its high of 0.703 in early September. This bearish trend is likely to continue in the coming weeks and months as downbeat crude oil prices put pressure on the Canadian dollar. Canada is a major exporter of oil, so its currency is closely correlated with the price of oil. When oil prices fall, the Canadian dollar tends to follow suit. This is because oil is a major source of revenue for the Canadian economy, and a decline in oil prices weakens the demand for Canadian exports. Crude oil prices have been falling in recent weeks due to a number of factors, including concerns about a global recession and rising interest rates. These factors are likely to continue to weigh on oil prices in the coming months, which will put further pressure on the Canadian dollar. As a result, investors should be bearish on the CADCHF exchange rate in the near term. There is a high probability that the CADCHF will continue to decline towards 0.650 or even lower in the coming weeks and months. Here are some key factors that could support further weakness in the CADCHF: Continued decline in crude oil prices: If oil prices continue to fall, it will put further pressure on the Canadian dollar and the CADCHF. Rising interest rates in the United States: The US Federal Reserve is expected to continue raising interest rates in an effort to combat inflation. This will make the US dollar more attractive to investors, putting further downward pressure on the CADCHF. Weaker economic outlook for Canada: The Canadian economy is facing a number of headwinds, including rising inflation and interest rates. This could lead to a slowdown in economic growth, which would further weaken the Canadian dollar and the CADCHF. Investors who are bearish on the CADCHF should consider selling CADCHF short or buying USDCHF long. However, it is important to note that the CADCHF is a volatile currency pair, so traders should use appropriate risk management strategies.
Short
by masterclass618
WTI OIL Huge Cup and Handle?WTI Oil (USOIL) hit and broke last week the 93.75 Resistance (which was the October 10 & November 07 2022 Highs) but failed to stay above it and got aggressively rejected back below it. This emphatic rejection indicates that as long as the price doesn't close a 1W candle above the Resistance, the short-term trend has more probabilities of being bearish. ** Cup and Handle ** We often like to view our financial assets on a more long-term scale using larger time-frames. We can claim that the recent Channel Up since June has completed a Cup formation. What technically follows within this pattern is the formation of the Handle. If Oil is indeed trading on the Cup and Handle (C&H) pattern, then once the bottom of the Channel Up breaks (assuming we keep closing below the 93.75 level), it can start the formation of the Handle part. ** The importance of the MA levels ** This 1W chart shows also the important that the 1W MA50 (blue trend-line), 1W MA100 (green trend-line) and 1W MA200 (orange trend-line) have been having in the past year or so. They act as Supports until broken and move to the next one and similarly as Resistances. As you can see the current bull run since June started after the 1W MA200 held repeatedly (closed above it 7 candles despite hitting and breaking it), then broke above the 1W MA50 that was holding since August 2022 and 1W MA100 that was holding since November 2022. ** So what's the target? Fibs in play? ** So as long as the conditions mentioned above are met and Oil starts forming the Handle, you can use the 1W MA100 (closing below it) as the break-out sell signal and target the 1W MA50 at $80.00. This is marginally above the 0.5 Fibonacci retracement level, which has its own fair share of importance. Notice that the 1W RSI is just below the 70.00 overbought barrier. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
TVC:USOILShort
by TradingShot
6
A Traders’ playbook – is a tactical turn in the USD upon us?After 11 straight weeks of gains in the USD (DXY index), driven by EURUSD trading into 1.0488, and a key weekly close above the YTD range highs (105.40), we ask whether the dollar can make it a 12th. News that Congress had miraculously pushed out the govt. shutdown for 45 days should be welcomed by risky assets and there is modest gapping risk for the open. Perhaps cynically, the agreement highlights that the US political system is not always completely inept. Also, while we revisit the saga in mid-November, a protracted shutdown, when considered in combination with auto strikes, and student loan repayments would have been the trigger to negatively impacting US Q4 GDP and that may have led to some de-risking. We also now have a firm understanding that the US Labor Department will release nonfarm payrolls data this Friday, as well as the US CPI report (on 12 Oct), which may have not been the case had the govt. shutdown. This puts the 1 November FOMC meeting back on the table as a potential venue for a further 25bp rate hike. With US swaps pricing just 4bp of hikes for the 1 Nov FOMC meeting, one could argue the market had discounted the idea the Fed wasn’t going to be privy to this important data to make an informed call on a November hike. We should see these rate hike expectations lift a touch. Profit taking (in USD longs) aside, one asks where else would you park your capital in G10 FX? The AUD and NZD have stood up of late, but this will take a far better tone on China, and with the Chinese capital markets closed this week for Golden Week that may be an early call. The weekend China PMIs, with manufacturing moving into expansion for the first time since March, will certainly offer a tailwind for these China proxies. However, once again the markets will likely be held hostage by the direction of US bond yields, USD exceptionalism and positioning. Tactically, I like crude to consolidate here below $96, and with it CAD and NOK trades should also lack momentum. Gold is at the mercy of the USD and real rates, but after a huge down week, the bulls will be looking at buy limits into $1810 and hoping for a bit more of a flush out. While price has closed below 4329 support, the US500 holds channel support and I’m warming to longs for 4400/50, with a stop below 4230. Let's see what October brings, but it's encouraging that we’ve seen a pulse in the markets of late. The marquee event risks to navigate this week: US nonfarm payrolls (6 Oct 23:30 AEST) – With Congress miraculously averting a government shutdown US nonfarm payrolls (NFP) becomes a risk event for traders to manage. The consensus for NFP is 165k jobs (the economist’s range sits between 250k to 105k), which would be modestly above the 3-month average of 150k jobs. The U/E rate eyed is expected to tick down to 3.7%, although the participation rate will again play a role in that outcome. Average Hourly Earnings (AHE) are expected at 4.3% YoY/0.3% MoM. Simplistically, a NF payrolls print below 140k should see the USD under pressure – above 200k, should see USD buyers, although the extent of the move will be determined by AHEs and the U/E rate. US ADP payrolls (4 Oct 23:15 AEST) – the consensus sits at 150k jobs in the ADP payrolls report (from 177k in August), with the economist’s range of estimates set between 228k and 102k. The market typically responds to the ADP report when we see an outsized beat to consensus (such as we saw in the July and May prints), but with NFP back in play as the highlight this week the ADP report gets somewhat less focus. RBA meeting (3 Oct 14:30 AEST) – it would be a huge surprise if the RBA hiked rates at this meeting and we see interest rate futures placing a lowly 8% chance they lift to 4.35%. More importantly, we see 12bp of hikes priced – a 50% probability - for the November meeting, so the market will marry the RBA’s statement and the guidance for rates against that pricing. A hawkish hold seems the likely outcome here, with modest AUD upside risks at RBA gov Bullock's first meeting at the helm. AUDCHF has been a momentum beast rallying in 11 of the past 12 days – happy to hold longs until price closes below the 8-day EMA. RBNZ meeting (4 Oct 12:00 AEST) – The RBNZ will almost certainly hold rates at 5.5%, but like RBA, market expectations have swung to a 50% chance of a hike in the November RBNZ meeting. Commentary and guidance that suggests they retain the optionality to hike again could drive the NZD. NZDCAD longs look interesting, having broken the 0.8100 to 0.7950 consolidation range – can this kick higher? US services ISM (5 Oct 01:00 AEST) – we should see some cooling in the services index, with the consensus at 53.5 (vs 54.5 in August) – 53.5 would still be a healthy level of growth in services and reinforce the US exceptionalism trade. Would expect a solid USD sell-off on a print around/below 50, and an outsized rally above 55.0. US ISM manufacturing (3 Oct 01:00 AEST) – the consensus view is we see the diffusion index coming in at 47.9, which would be another contraction, but a modest improvement from the August print of 47.6. A number below 45 would be a shock and could see USD longs look to reduce, likely taking the DXY towards Friday’s low of 105.65. A print above 50.0 would also be a surprise and likely spur a renewed leg higher in the USD, where we should see USDJPY into 150 US JOLTS job openings (4 Oct 01:00 AEST) – The market looks for 8.83m job openings in August (from 8.827m). Consolidation in job openings after a strong decline from 12m openings in March 2022 seems highly probable. UK Decision Makers Panel (5 Oct 19:30 AEST) – the market eyes 3-month (inflation) output prices 20bp lower from the last call at 4.7% and 1-year price expectations to fall to 4.6%. GBP swaps pricing holds 19bp of hikes priced by Feb 2024, so a downside outcome to the DMP outlook could reduce market rate expectations and further weigh on GBP. I personally can’t help but sit in the camp where the BoE are done hiking. GBPAUD and GBPNZD downside looks attractive, even though both pairs have been sold hard through September. UK Global/CIPS services PMI (4 Oct 19:30 AEST) – this is a final read in the UK September services PMI release, although the market is not looking for a revision from the announced 47.2 print for the diffusion index. GBPUSD holds a regression channel (drawn from the 13 July high) – for momentum accounts, sell-stop orders through 1.2180 make sense. Canada employment report (6 Oct 23:30 AEST) – with one eye on crude, CAD traders will be looking at FX exposures over the Canadian job report. Leveraged funds hold a sizeable CAD long position and they will be ‘hoping’ for a blowout jobs report to put a rate hike (at the 25 Oct BoC meeting) in play, where the swaps market places a 28% chance of a hike at this meeting, and a 56% chance of a hike at the December meeting - the jobs data could influence market expectations, as it would the CAD. The consensus is we see 20k jobs created in September, with the unemployment rate expected to tick up to 5.6%. Korea exports (1 Oct 11:00 AEST) – expectations of a 9.3% decline in Korean exports in September will be monitored, especially for signs of trade flows to China. USDKRW has been a strong momentum long and as we see has broken out to YTD highs – can this kick? Weak export data could see further USD upside in this pair. • Fed speakers – Powell & Harker (3 Oct 02:00 AEST), Williams, Mester, Bostic, Bowman, Goolsbee, Mester, Daly • BoE speakers – Catherine Mann, Broadbent • ECB speakers – 16 speeches this week. See timetable below
PEPPERSTONE:USDX
by Pepperstone
2
CRUDE OIL HEADING TO $100. DONT SELLA growing number of analysts forecast Brent will surpass $100 a barrel this year as demand rises, supply is constrained, and stocks of fuel and crude are relatively low. Retail fuel prices in the U.S. and Europe have risen to multi-month highs as crude prices have rallied. Good morning, Peter Vanham here in Geneva, filling in for Alan. Looking a year out, economists don’t just expect “higher for longer” interest rates; that phrase also applies to oil prices, which are predicted to edge up to around $100 per barrel into next summer. The Biden administration is keen to keep pump prices in check ahead of the presidential election next year, where inflation and fuel costs have already become areas of attack for the Republican party. After dropping below $70 a barrel (bbl) in early summer, the price of West Texas Intermediate (WTI) crude has been steadily marching higher. Last week, the price breached $90/bbl for the first time in a year, and there are no signs that the rise is slowing. Further increases would negatively impact consumers, especially for gasoline and transportation costs. While the Federal Reserve’s rate hikes have helped curb inflation, factors like oil supply dynamics are outside their control. Rising oil prices put the Fed’s attempts to engineer a soft landing for the economy in jeopardy. If Russia and Saudi Arabia want oil prices to rise above $100/bbl — which will hurt President Biden as he heads into an election year — they have the power to make that happen. Given their likely preference for a return of Donald Trump to the White House, I expect them to exercise that power.
TVC:USOILLong
by KalaGhazii
2
WTI CRUDE OIL Sharp correction to the MA50 (1d).WTI Crude Oil got rejected a little after crossing over Resistance (1) that was the double top of Nov 7th and Oct 10th 2022. The trend remains bullish but that calls for a standard correction to the Rising Support and the MA50 (1d). Trading Plan: 1. Sell on the current market price. Targets: 1. 86.00 (MA50 (1d) and Rising Support). Tips: 1. The RSI (1d) is on a Falling Resistance while the price trading under a Rising Resistance, flashing a big bearish divergence. This can be the signal that breaks the Falling Support to the downside. Please like, follow and comment!!
TVC:USOILShort
by TradingBrokersView
5
WTI H4 | Falling to 38.2% Fibo supportWTI oil (USOUSD) is falling towards a pullback support and could potentially reverse from here to bounce higher towards our take profit target. Entry: 92.946 Why we like it: There is a pullback support that aligns with the 38.2% Fibonacci retracement level Stop Loss: 88.535 Why we like it: There is a pullback support level Take Profit: 97.965 Why we like it: There is a resistance level that aligns with the 61.8% Fibonacci projection level Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
VANTAGE:USOUSDLong
by VantageMarkets
WTI H4 | Falling to 23.65% Fibo supportWTI oil (USOIL) is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 93.406 which is a pullback support that aligns with the 23.6% Fibonacci retracement level. Stop loss is at 91.045 which is a pullback support that lies under the 50.0% Fibonacci retracement level. Take profit is at 98.134 which is a level that aligns with the 61.8% Fibonacci projection level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Forex Capital Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% 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. Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74% 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. FXCM Australia Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
FX:USOILLong
by FXCM
WTI H4 | Approaching pullback supportWTI oil (USOIL) is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 88.547 which is a pullback support. Stop loss is at 87.112 which is a level that sits under a pullback support that aligns with the 38.2% Fibonacci retracement level. Take profit is at 91.306 which is a recent swing-high resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Forex Capital Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% 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. Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74% 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. FXCM Australia Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
FX:USOILLong
by FXCM
Crude Oil Short OpportunityI posted a lot about Crude Oil on my Website and also on YT. The first short was nice success. Now we get the chance to do it again "Sam" §8-) This current test of the L-MLH of the white Fork was brutal. The squeeze is similar to the one of the 23rd of September. Just a little smaller, but more vicious. As for a Stop, I think it needs top be at least above P2. This gives us a Risk to Reward > 3, if price can tank down to P3, at the L-MLH of the red Pitchfork. As always, play it small in these vertical markets. Don't try to be a Hero. Just protect your Capital. All the best Tr8dingN3rds §8-)
NYMEX:MCL1!Short
by Tr8dingN3rd
USOUSD H4 | Potential bullish reversal?USOUSD could fall towards a pullback support and potentially reverse from here to bounce higher towards our take profit target. Entry: 89.223 Why we like it: There is a pullback support that aligns with the 23.6% Fibonacci retracement level Stop Loss: 88.005 Why we like it: There is a pullback support level Take Profit: 91.762 Why we like it: There is a swing-high resistance level Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
VANTAGE:USOUSDLong
by VantageMarkets