Technical Analysis

Euro futures (6E) move into support zone providing possible longs

Pullback gives rise to possible long trades. Fibonacci analysis, candlestick analysis, and two possible outcomes. A true story about a currency trader from Dubai. Technicals We have finally seen a decent sized pullback on the Euro futures as price has moved into a minor support zone. I called for such a move a few weeks Read More…

Technical Analysis Trading Psychology Trading Tips

Crude Oil Futures (CL) 5:1 risk reward ratio trade on hand

Symmetrical triangle formation is offering us a great long trade opportunity. Analysis of how we can take the trade adjusting risk along the way. Explaining why a pattern like this is so beneficial for traders to understand. Symmetrical Triangle Triangles are popular technical analysis patterns because they have good reliability and the structure of the Read More…

crude oil futures (CL)
Technical Analysis Trading Tips

Crude Oil Futures (CL) rallies 13%, what you need to know

Discover how to profit from the current rally in crude oil prices driven by a weak dollar. RSI, 1-2-3 reversal pattern, Symmetrical Triangle, and pivot points all point toward bullish momentum. Trading chart for us to visualize the bullish targets and price momentum. The driving force behind this rally Undoubtedly, the driving force behind the Read More…

Interviews

“Julian Chooses OneUp Trader for Funded Trading: A Success Story”

Meet Julian, a skilled trader from Argentina who resides in beautiful Ghent, Belgium. Julian’s trading style is that of a scalper, where he trades e-mini contracts such as the S&P 500 and Crude Oil, utilizing 5-minute and 1-hour charts. His expertise in this field has led him to achieve a significant milestone in his trading Read More…

Crude oil (CL) futures
Fundamental Analysis

Oil Plummets Amid Rising Recession Worries

US retail sales fell by 1.1% last month, the largest drop since December 2021. US manufacturing output decreased more than forecast in December.  US crude oil stockpiles increased by around 7.6 million barrels last week. The price of oil futures dropped by as much as $1 on Thursday due to concerns about the impending recession. Read More…