In our previous article about the patterns emerging when trading currency baskets, we focused our attention on the combined indicators based on oscillators. The combined Williams’ Percent Range indicator was used as an example. As a result, we obtained a number of patterns, analyzed their pros and cons and made conclusions about the applicability of each of them in real trading. more...
While OPEC may be winning in their battle to balance the global Oil market, it is not necessarily happening on the timeframe they would prefer. Naturally, it is not helpful that Shale production is at its highest levels since 2015. The U.S. Shale resurgence coupled with OPEC’s supply management continues to provide hope for Oil bulls. While Crude dropped ~3% on Wednesday, there is also likely to be volatility on expiration-position squaring is occurring ...
Jane Radstrom - Painter and designer based in Berlin.