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Thread: Crude Oil Call

  1. #1
    Veteran Member Ammeo's Avatar

    Crude Oil Call !!!

    Going long in crude oil (1 month expiry) following the egypt situation which could result in a low supply from the region and subsequently high oil price ...
    Crude Oil Call
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  2. #2
    Senior Member dorrian's Avatar
    That’s a nice idea. I already spotted the up trend in the crude oil this week and it is showing that the price could eventually move much higher next week. I am not sure exactly could this event in Egypt affect the price, but probably it could.

  3. #3
    Specialist Member runneroption's Avatar
    Great entry point and great start, but the one month duration is too long to give some realistic prediction about the outcome of that binary option. If the trend this month is up it will be easy to predict that you will end in the money, but if it is not clearly up only some guessing will be possible.

  4. #4
    Active Member pipshunter's Avatar
    Hi Ammeo,

    Did you entered this thread based only on Egypt situation? I think if we have to enter into a one month or longer term trades we need to have more significant reasons and also good technical indications to enter, not only some initial idea.

  5. #5
    Veteran Member Ammeo's Avatar
    Quote Originally Posted by pipshunter View Post
    Hi Ammeo,

    Did you entered this thread based only on Egypt situation? I think if we have to enter into a one month or longer term trades we need to have more significant reasons and also good technical indications to enter, not only some initial idea.

    Egypt Situation is not a single day situation...Infact any situation in the North African region has great effects on the oil prices...Crude is already in an undervalued position so i think a big upward potential for crude this summer ...Just my thought though.

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