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ok, do you have statistic of opec deals and price reaction? does price follow the deal and how long? PS. last time deal cut was in 2008 year. it was 8 years ago.

I cant say it now.

ok. quite specific market. i think as any commodity market. i think it is better to look towards stocks futures, bonds.

12/09/16 short

12/09/16 exit

12/07/16 short

exit 12/05/16

long 12/05/16

that is what i want to say - "big traders move the market", but they dont trade "When there are rumors that OPEC is going to do this or that, traders make bets based on that I formation."

i know i am wrong. i was cought by big news. i should skip this event.

retail traders. not big traders.

at first. "talk" and "deals" is different things. second. can you trade on "talks"? i am sure you cant. or do you have method? i think you dont.

what ohh? do you believe opec deals could influence prices? not in so simple way.

OPEC Agrees To First Cut In Oil Production Since 2008

you didnot ask my question!

when last time did OPEC cut production?

what was the opec deal?

12/02/16 short signal

i still think it is not real move to upside.

in such volatile market the best trades are on 5min chart.