Oil prices reached at the price of 58.22$ per barrel rate and this level is a highest value of the oil prices in 2021.
Trading in oil now a days is so risky due to its high prices but if we follow money management then we can get big profits from the oil market also.
Always use money management rules to protect your capital from a big loss.
In last year 2020 in April oil prices was crashed due to coronavirus panademic increasing in all over the world and all countries announced lock down and stoppage of the all transportation inland and abroad and as the results of the stop of transportation the demand of the oil was decreased and supply was more and as the results oil market was crashed.
Now a clear uptrend is going on and we can also place our trade with the trend because maximum chances of the Bullish trend movement are bright as per current market scenario but my opinion is against the trend now I am thinking for selling trade here.
If you want to place your order in oil then first of all you are to make analysis of the oil then enter your trade with proper take profit and stop loss point.
As per my point of view from here prices of the oil will falls down side.
Forex Forum fx.co – Introduction.
The Forex market is a high-yield and risky means of making a profit by trading on currency markets. The work tools at the Forex market in many ways determine the result of trading by participants, the brokers’ clients. Every Forex broker offers its own platform; however, most brokers and traders concur in choosing MetaTrader 4 and MetaTrader 5 platforms. This forum is for those who prefer the MetaTrader series platforms in trading on the Forex market.
Forex Forum fx.co – trade discussion.
Forex market forecasts, independent opinions of novice traders and experts – all this you will find in the Trade Discussions section. Solid experience of work on Forex is preferable, but everyone, including Forex newbies, is welcome to share their opinion. Mutual help and dialog are the main goals of communication in the Trade Discussions section.
Forex Forum fx.co – Dialog with brokers and traders (about brokers).
If you have a negative or positive experience of work with a Forex broker, share it here. Leave a comment about your broker; describe the advantages or drawbacks of working with it. The aggregate traders’ reviews of brokers constitute a rating. In this rating, you can see the leaders and outsiders of the Forex services market.
Free discussions at the Forex Forum fx.co
You are a trader and want to relax? Then the Free Discussion section is exactly what you need. No doubt, conversation on subjects related to the Forex market is preferable. Here you will find jokes about traders, caricatures of Forex brokers and full-swing Forex off-topic convo.
Bonuses for communication at Forex Forum fx.co
This forum is created by traders, for traders, and revolves around deriving a profit. However, each post at the Forex forum yields its author a forex bonus that can be used in Forex trading from the account opened with one of the forum’s sponsors. This small gift is presented with the aim to reward professional traders for spending time at our forum.
We appreciate your choice of Forex forum fx.co as a platform for communication.