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USOIL futures - What happened?

April 20, 2020

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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

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Tags: algorithm-builder April-2020 CFD commodities forex futures FX GOLD SILVER TradingView WTI XAG XAU XAUUSD

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