Oil, Gold, Silver Trading: Time to buy supermini oil

Thursday, July 17, 2008

Time to buy supermini oil

My indicator has shown buy signal for oil.
On the hourly chart, oil is trading in a range of $132 - $146.
Currently oil price is trading at $134.29, so it is trading near to the bottom of the range now.

Any geopolitical events or supply disruption can spike oil price up towards $140 again.

Bought 1 lot of supermini oil at 134.29
Stop level at 129.29
Target level at 142.50
Value of $1 is US$100

To trade supermini oil contract, open account with ForexYard, no commission charged. Click here.

2 comments:

Unknown said...: This comment has been removed by the author.; July 17, 2008 at 7:19 PM
Unknown said...: This comment has been removed by the author.; July 17, 2008 at 8:30 PM

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