Shorting Brent Oil is not so bad on bonus credit
Probably most of you are aware of the OPEC deal on Thursday not to cap oil production.
OPEC and Obama are on the same page here and there's two objectives:
Bankrupting Russia with a $50 / barrel price - Obamas objective
Bankrupting the US Shale / Fracking industry - OPECs objective
Both will likely happen as US Big oil spends roughly $65/barrel to bring the nasty shit out, while the Saudis spend $5-$7 per barrel. Russia will lose only in 2014 7% of GDP equivalent, somewhere around $150B.
Oil has dropped dramatically and it still is. Short any gain of more than $80c.
In 3 sessions I made €1180 and counting from a €25 welcome bonus on a trading platform. If I were to guess I'll get to €10,000 within the next week or two and blow it all on an all in trade on FOREX or blast it 10x on a currency gain.
Hi res http://postimg.org/image/6962d8ikj/
I'll come back with the failure screenshot later on
.
OPEC and Obama are on the same page here and there's two objectives:
Bankrupting Russia with a $50 / barrel price - Obamas objective
Bankrupting the US Shale / Fracking industry - OPECs objective
Both will likely happen as US Big oil spends roughly $65/barrel to bring the nasty shit out, while the Saudis spend $5-$7 per barrel. Russia will lose only in 2014 7% of GDP equivalent, somewhere around $150B.
Oil has dropped dramatically and it still is. Short any gain of more than $80c.
In 3 sessions I made €1180 and counting from a €25 welcome bonus on a trading platform. If I were to guess I'll get to €10,000 within the next week or two and blow it all on an all in trade on FOREX or blast it 10x on a currency gain.
Hi res http://postimg.org/image/6962d8ikj/
I'll come back with the failure screenshot later on
.