There are several ways of trading oil; an individual trader may choose from futures, CFDs, and options. Whatever type of contract you choose, you will have to analyze the chart of your asset and only then open a position: a buying one if you expect the oil to grow or a selling one if you think it will decline.
Tag: crude oil
Today, we will discuss a simple strategy for trading oil. It is meant for H1 and M30, which allows receiving a quicker result and placing smaller Stop Losses than on D1 or H4.
Recently, the behavior of the oil market has been provoking as many questions as exclamations – the whole range of human emotions. In March 2020, oil prices experienced perhaps the most stressful time in the last years. The hard times are not over yet. However, now it is high time to find out what is going on.