Oil prices plummeted Friday as the already battered market reacted to unexpectedly high U.S. unemployment figures. Skittish U.S. employers slashed 533,000 jobs in November, the most in 34 years, catapulting the unemployment rate to 6.7 percent.
Oil price plunged and target level reached as a result.
Open Short: 1 lot Supermini Oil @ 45.56
Stop level: 48.10
Target level: 42.83
Closed: 42.83 (Profit is US$273)
(Value of 1 full point is US$100)
This trade is executed based on BL TS system. If you are interested in BL TS, send an email to me at metal.commodity@gmail.com.
If you are interested to trade supermini oil contracts, click here to open account.
Choose Pro-Account for account opening.
Risk disclosure:
Oil and Gold trading have large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to participate in the futures trading markets. Don't trade with money you can't afford to lose. This website is neither a solicitation to invest nor an offer to Buy/Sell futures or options. The past performance of any trading system or methodology is not necessarily indicative of future results.
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