I've had a lot of beginners luck coming back into trading after 10 years of absence.I can see an Inverted penant Chart pattern. Although it’s hard to tell which way the price will break out of this penant, given the fundamentals and lacklustre results from the oil cuts, I would expect oil to fall to around $18-$20 range.I will be looking to o...

I must say I am impressed with my judgement, Oil fell 7% pre market due to OPEC+ meeting being postpones to 8th April which was due  to be held on 5th. The price crept back up on early UK market open. But expecting it to fall back… to around $24 at most. I've put some Trades on Virtual Portfolio to monitor, as I am not going...

I've closed my oil trade at $28.5.My initial target was $30, the price got to $29.5, and it started to look jittery. I'm expecting oil to recede now, as the price has rallied by around 30% in the last few days.There's a Lot of  turbulence around 23.5. Given the opec meeting postponement – price most likely will receded to aroudn 23.5 Unt...

Oil trade has done really well. Heading towards $27 quite confidently. I now have 2 positions in Oil, ill be looking to cut out at the next leg up, as Oil would have rallied by around 30% in total, there is bound to be some profit taking, thus slipping oil back.Here is my Option Chart showing the Call Prices I want to target, let see if I can hit t...

Oil has broken out as expected.

Oil could hit 24 by Friday 3rd April, due

to the talks between USA, SAUDI and RUSSIA.

I'll be adding to my existing trade.

I am about to trade Oil, at this beautiful breakout. Rarely do I see such a perfect opportunity at such a low price for an important commodity like Oil. I'm trading May Call Options for this, expecting oil to hit around $30 per barrel. Follow my live trading on the subsequent updates I will be posting with Live video recordings of my positions.