Oil now developing bullish momentum
The daily chart for oil this year could best be described as lacklustre as oil prices have been in an extended phase of congestion, following […]
commodity trading
Gold now at the tipping point
Over the last few days, we have seen the congestion phase for gold reinforced further by the arrival of the volume point of control in […]
Will the FED provide the catalyst for gold?
As summer transitions into Autumn, there seems to be little change in the sentiment for gold, which continues to remain rangebound on the daily chart, […]
Sharp sell off in oil following FED minutes
Crude oil futures was another commodity which sold off sharply yesterday, largely driven by dollar strength with the March contract ending the session with a […]
WTI Oil Analysis 15 Feb 2013
Crude oil futures continued to trade in a tight range once again yesterday, with the March contract moving between $96.77 to the downside and $97.71 […]
WTI crude oil futures analysis
Following the sharp sell off in March crude oil futures on Monday which saw the WTI contract close at $96.17 per barrel and with markets […]
WTI Futures Continue Higher
March crude oil futures continued to climb higher yesterday’s oil trading session closing the day at $97.94, 62 cents per barrel higher overall. The narrow […]
WTI Oil Futures 28 Jan 2013
March WTI crude oil futures closed today’s oil trading session at $96.44 per barrel ending the session as a narrow spread up bar, having opened […]
WTI crude oil maintains bullish momentum
Crude oil futures have continued their bullish momentum once again this week albeit in a measured way, moving ever higher in a series of extended […]
WTI continues to march higher
As with many other commodities it was last Thursday’s price action which was also significant for crude oil and, in particular, the February WTI contract […]
WTI Futures Analysis 9 Jan 2013
For those of you who follow my regular oil market analysis you will no doubt recall my post of 3rd January 2013 in which I […]
WTI Futures Breakout 3 Jan 2013
A seminal day for crude oil futures yesterday with the WTI February contract finally breaking above the extended period of sideways consolidation of November and […]
How I use the CFTC cot data
I just wanted to record a short video to explain how I use the COT data for my own trading analysis, and I was prompted […]