Trading is not the e...from g.1155

Trading is not the easiest as it might seem at the first sight. Got stuck 2 weeks ago. Now all efforts are aimed at restoring the money)))))) The robot placed 68 lots, I had to slow down its activity) I was able to reduce the volume to 15 lots and cut the loss by $9,000 out of $30,000

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Opinion Commerzbank the low prices of the observed gas now showed a pronounced price appreciation for the high level of nervousness about the occurrence, the possible closure of the Groningen gas field and the ongoing stoppages of production in Norway, suggested in a Friday note by Commerzbank. However, according to stockpiled source information, stockpiling is outpacing volumes, and even if stockpiling is slowing down, stocks are currently high and likely to be fully realized by the end of the stockpiling period noted in the bank. According to Commerzbank, the market is likely to really shrink in the winter months only if gas is withdrawn from storage too quickly. German Economy Minister Robert Habeck previously warned of a suspension of industry capacity if the restriction on gas transit between Russia and Ukraine expires at the end of 2024.

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Good news on oil came from OPEC+. The cartel members have agreed to voluntarily extend production cuts until 2024. Saudi Arabia will make additional voluntary cuts as part of the agreement. The deal came after a last-minute row with African members of the alliance over how their cuts are measured, which delayed the meeting by several hours. The disagreement sparked a flurry of parallel meetings in which ministers haggled over details. Technically, oil managed to hold above support at 72 area and is looking to test resistance at 85 area again.

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