the basics of oil trading ep. 3

The Basics of Oil Trading Ep. 3Case StudiesBy Enzo Adhitya & Rekhmen Abadi

Crude Oil WTI • Harga kembali uji tembus zona penting (key support range)!

OIL WTI: UJI KEY SUPPORT RANGE $40

OIL WTI: UJI KEY SUPPORT RANGE $40

OPEC Meeting 168 (4/Des/2015):

Tidak menyebut batas produksi, sehingga asumsinya masih mempertahankan batas produksi sebelumnya 30 juta bph.

ATAU tidak berkeberatan dengan produksi minyak OPEC terkini, dengan data terakhir Oktober 2015 adalah sebesar 31.76 jt bph.

OIL WTI: UJI KEY SUPPORT RANGE $40

U.S. Oil Rig Count turun lagi

Penurunan dalam 13 dari 14 pekan terakhir

Tekanan oil rig merupakan bukti bahwa market share strategy OPEC bekerja!

545 adalah level terendah oil rig AS sejak Juni 2010

OIL WTI: KEY SUPPORT RANGE

OIL WTI: NEXT FOCUS!

FOMC Meeting (15-16/Des/2015) – probabilitas kenaikan suku bunga AS kini >70% (versus <40% Oktober sebelumnya!

USD: Menguat mengantisipiasi FOMC Meeting Desember 2015

What Do The Charts Say?

TRAINING PART 3: CASE STUDIES

CANDLESTICKS PATTERNS

The highest price

The Opening Price

The Closing Price

The Lowest Price

The highest price

The Opening Price

The Closing Price

The Lowest Price

SUPPORT & RESISTANCE

Support Line

Support Line

Resistance Line

Resistance Line

NEW TREND

Resistance Line

Support Line

Sell

Sell

Buy

Buy

New Direction

New Direction

CANDLESTICKS PATTERNSDOUBLE TOP & DOUBLE BOTTOM (REVERSAL PATTERN)

B

A C

A

B

C

CANDLESTICKS PATTERNS

CANDLESTICKS PATTERNSHEAD AND SHOULDER (REVERSAL FORMATION)

Neckline

B

A C

CANDLESTICKS PATTERNS

CANDLESTICKS PATTERNSTRIANGLE (Continuation or Reversal Pattern)

Symmetrical Triangles Decending Triangles

Ascending Triangles

TREND

Moving Averages Simple and Exponential

Moving Averages Simple and Exponential

Relative Strength Index RSI

Relative Strength Index RSI

BOLLINGER BANDS

KEEP IT SIMPLE!!!!

CASE STUDY

CASE STUDY

CASE STUDY

CASE STUDY

CASE STUDY

CASE STUDY

CASE STUDY

CASE STUDY

CASE STUDY

COMPLETE USAGE