A good thinking is a very ingenious thing, sometimes it is like spring water, you don’t know what to write first when there is too much, but sometimes it is like a barren mountain, you don’t know what to write when it is barren, it doesn’t make sense, and you can’t express it. Just like trading, we always find the answer after a period of trial and error every day. So we maintain a positive attitude to meet every day's transactions
On March 9, the U.S. senator proposed a bipartisan bill to oppose OPEC’s oil price manipulation. At the same time, the Angolan oil minister stated that there is no need for OPEC to increase oil production to make up for Russia’s production cuts. The oil price did not fluctuate much yesterday and remains at Around 77, the short-term rebound pressure is around 77.8. At present, oil prices still pay attention to inventory data. The market supply and demand relationship is the key to affecting oil prices. Only a short-term breakthrough of 77.8-78 can form a rebound, otherwise the current market is still bearish , The 1-hour trend chart remains range-bound. Sell high and buy low today
Crude oil strategy: 76 long, take profit 76.8-77, stop loss 75.5
The second trading strategy of crude oil: 77.4-77.5 short, take profit 76.3-76, stop loss 78.5
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The market trend is slow, wait patiently
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The number of initial jobless claims in the United States for the week ended March 4 was positive for crude oil. we wait patiently
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Crude oil is currently 77.4 short and continues to hold
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Crude oil 77.4-77.5 short, you can choose to take profit at 76.8
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Crude oil strategy ends today. Tomorrow I will continue to share my trading strategy. Thank you for your attention and support
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