Today’s Oil Price: Brent Crude & WTI Oil Prices Today
17 hours ago · Brent crude oil opened the year of 2020 amidst an uptrend that began in November 2020 from $38.84 per barrel and continued the rally to $68.72 per barrel until early March 2021. Since the 2022 year opening price of $78.09 per barrel, today’s Brent crude oil price is down 4.92%. WTI crude oil is down 4.52% compared to it’s previous trading day.
Candlestick Basics: All the Patterns to Master Before Your Next Trade
Jul 17, 2024 · Two of the most reliable candlestick patterns are the Morning Star (bullish reversal pattern) and Evening Star (bearish reversal pattern) indicators. They rely on three days’ worth of pricing to identify a trend that may signal a reversal. Engulfing patterns (bearish or bullish) are also fairly reliable since they compare two-day trends.
National Debt Comparisons: Real-Time World Debt Clocks By …
1 — We obtain the latest data regarding the country’s national debt and the 10-year average interest rate they pay on it, like: National Debt: $1,717,879,000,000 10-Year Interest Rate: 2.50. 2 — Using these two figures we can then calculate how much the debt increases per year and subsequently per second.
When To Use And How To Read The MACD Indicator
Mar 27, 2022 · The MACD indicator, also known as the MACD oscillator, is one of the most popular technical analysis tools. There are three main components of the MACD shown in the picture below: MACD: The 12-period exponential moving average (EMA) minus the 26-period EMA. MACD Signal Line: A 9-period EMA of the MACD. …
Learn What Commodity Trading Is (and Decide if It’s for You)
Jun 20, 2022 · The CFTC is a US governmental agency that regulates futures, options, and other trading derivatives. It is tasked with protecting traders from market manipulation and other abuses. It came into being with the Commodity Futures Trading Commission Act of 1974, which replaced the Commodity Exchange Act of 1936.
Commodities: Learn What They Are to Understand How They’re …
May 19, 2022 · Commodities are the raw materials that go into making all the goods that we rely on in our daily lives. For example, corn is used to manufacture breakfast cereal. And steel is used to manufacture trucks. They are the building blocks of what an economy produces. Commodities are traded for one another or for money.
Doji Formations: Learn How to Interpret Them to Help Trading …
Mar 27, 2022 · A doji is formed when the opening price and the closing price are equal. A long-legged doji, often called a “ Rickshaw Man,” is the same as a doji, except the upper and lower shadows are much longer than the regular doji formation. The creation of the doji pattern illustrates why the doji represents such indecision.
What Is a Harami Candle? Example Charts Help You Interpret …
Jul 17, 2024 · Lawrence has served as an expert witness in a number of high profile trials in US Federal and international courts. Harami is a reversal Candlesticks chart pattern with a large candlestick on the first day and a small candlestick in the middle of the large candlestick on the second day. Sign of hesitation and possible trend reversal.
Why is Platinum Valuable & Where Does it Come From?
Apr 4, 2022 · Platinum is a dense metal that is also malleable and ductile. It is extracted from ore bodies in mines that contain the platinum group elements (PGMs). These elements – platinum, iridium, osmium, palladium, rhodium, and ruthenium – all have similar chemical, physical and anatomical properties. Miners generally extract platinum from placer ...
Start Oil Trading With This Ultimate Guide (Plus Online Brokers to …
Jul 17, 2024 · That afternoon, you notice the price is $62.75, so you exit the trade, which now has a value of $62,750. You pocket $2,250 on the deal. If the price ticks down to $58.25, you would lose the same amount of money, $2,250, which is 24% more than you originally traded. WTI stands for West Texas International.