Tag Archive for: Trading strategies
Negative oil prices: what did actually happen?
/in Fundamental Analysis, Market TheoryDear friends! A historic event took place on April 20 – the May WTI oil futures traded at negative prices, reaching the level of minus USD 40. Yes! The oil price was MINUS FORTY dollars. Buying oil at such a price in real life would mean that you receive money for taking oil from the […]
Strategy of using the footprint through the example of wti oil
/in Strategies and PatternsToday we continue a series of articles about the strategies of use of the Footprint chart through the examples of various financial instruments. This time we will consider the Footprint chart of crude oil, which is the most important financial instrument of the modern futures market. In this article: Review of the crude oil futures […]