USOIL futures - What happened?

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    USOIL (WTI) became a very interesting asset to trade in April.
    OIL companies aren't profitable with a OIL baril below the $50 price. This is one of the first sign a recession may come.
    When futures dropped below $0, a lot of futures buyers didn't realize that buying this derivative means the OIL companies will deliver oil barils to your place.
    I guess they learned the hard way what trading USOIL futures means

    XAUUSD WTI

    Humans make mistakes, algo don't. That's why we are trading following our trading system because he's right more often than us :) We😍 our algorithm! https://t.co/qMZpj60V3F

    TradingView trade XAUUSD WTI  TradingView trade XAUUSD WTI

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    About Dave


    He is the co-founder of Best Trading Indicator. Previously a quant trader for a french bank in New York City, he's been trading full-time for the past 8 years.

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    Do you want a better Trading Performance?

    Hey, I'm Dave. I'm determined to make a trading account grow.
    My only question is, will it be yours?

    The signals and trading method frameworks are available to our VIP subscribers