create account

A lengthy explanation of my crude oil view by davidke20

View this thread on: hive.blogpeakd.comecency.com
· @davidke20 ·
$33.11
A lengthy explanation of my crude oil view
After few days since I started this crude oil discussion, I realized I have not make myself clear. This is my first time really looking into crude oil, just like everybody looking at the negative price tag and wanting a piece of it. Before this, I have not touch or even flip on the crude oil chart other than 2008 once looking at how crazy the price was. 

So, what drove me here? Same as you, wanting to find an easy way, which does not exist. However, there's always a chance to develop a new ability to analyze a financial tool. In the end, we may or may not be able to make even one cent out of it, just like many whom swim into this crypto pond, some gotten a lucky hand buying at the right price, but didn't manage to print their money out. Some, gotten in the wrong price tag. One of my friend purchased BTC at 15k, and the transaction got stuck for a very long time, by the time he saw the transaction went through, it's stuck at 17k. It's not too late, when BTC went up to 19k, I still heard him say he will liquidate it when touch 20k. Too bad, it didn't happen. But I bet he will sell it even if it touches 20k.

That's just part of what we humans are. Greed and fear always driving us away from making a sound trading decision. So, here's a game plan. I am just a noob in trading crypto. The only thing I know is Currency Exchange, generally known as FOREX. I did not ask you to join me, but it will be nice to have some trading buddies to discuss and get to know more perspective.

Ok. Enough of that self introduction of myself regarding oil. To put it simple, I have no idea what will happen. I just decided to start dive into it, and get to know this product more, and hopefully I will be able to build my a robot to do the work for me. So, I have downloaded a borker's trading platform. If you're interested, you may login to my demo account to witness what I'm doing as well. In order to witness my demo account, you may proceed to www.jafx.com and get yourself a copy of MetaTrader4. My login credential as below:
```
Account number:
2102020615 

Password:
lvws4qh 
```
If you're using a mobile version, below are step by step guide. You can also create your free demo account in app, but I choose JAFX simply because they have more crypto pair than any other REGULATED brokers. At this point, you should understand I'm telling you they're NOT by any chance regulated in any country or regulated by any organization nor authority. So, you should understand the amount of risk dealing with this kind of broker. I'm not anyway affiliated with them, neither myself is their customer. I have my own broker dealing with some other financial instruments. Below image will take you to Google Play for MT4 download. Apple available, but I don't have an iPhone, and I have never use App Store before, you'll have to help yourself to navigate there.

[<img src="https://files.peakd.com/file/peakd-hive/davidke20/jq86zUTC-image.png">](https://play.google.com/store/apps/details?id=net.metaquotes.metatrader4)

### Choose server
![image.png](https://files.peakd.com/file/peakd-hive/davidke20/BQxP1OiN-image.png)
Once installation completed, launch the APP. Choose to login an existing account. Manually input server jafx. Then select Demo.
---
### Login credential
![image.png](https://files.peakd.com/file/peakd-hive/davidke20/4pQJkng8-image.png)
As I shared with you earlier, you may input my account number and password here. You'll be automatically redirect to an investor portal.
---
### Account detail
![image.png](https://files.peakd.com/file/peakd-hive/davidke20/wtNvnVr2-image.png)
Once you're logged in, you'll be able to see the list of accounts that is authorized on your device. If you have more than one account, you can select which account you wanted to login from here. By using my password, the green ribbon that stated DEMO will be changed to gold ribbon stating INVESTOR.
---
### On going deals
![image.png](https://files.peakd.com/file/peakd-hive/davidke20/kb9fh0Qa-image.png)
From here, you'll be able to see the on going deals, opened positions and limit orders around. By tapping on the deal, you'll be able to see more detail.
---
### Navigating
![image.png](https://files.peakd.com/file/peakd-hive/davidke20/FMIKyj3X-image.png)
By long pressing the opened position, and select CHART, you'll be redirected to the instrumental chart. If you're using your own account, you'll be able to open new order, modify an order.
---
### Charting
![image.png](https://files.peakd.com/file/peakd-hive/davidke20/oFBDeb4a-image.png)
Finally, we're in the chart. From here, you can choose to change time frame, flip your device to change orientation, click to add new orders, add in more indicators for technical analysis purpose. It's a very powerful tool.

# Summary
I've been very familiar with MetaTrader4, for more than a decade using it, and previously MetaTrader3. For all you know, there's MetaTrader5 that can be customize to link with API feed, there's a chance that we will be able to rig these system to trade with our own cryptos. But that's all for today, I just wanted to let you know, this is my first time looking into crude oil, and have no idea what am I doing. So, please don't take my word as an advice. If you burn your money that's entirely your decision. I made my decision on demo because I'm testing and are not using my real money to trade yet. Even if I did, I wouldn't be telling you how much I loss🤣
👍  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 105 others
properties (23)
authordavidke20
permlinka-lengthy-explanation-of-my-crude-oil-view
categoryhive-175254
json_metadata"{"app":"peakd/2020.04.5","format":"markdown","description":"Why you should NOT listen to my advice, because I'm a newbie!","tags":["finance","trading","teammalaysia","blog","life","cfd","mt4","crude","oil","metaquotes"],"links":["https://play.google.com/store/apps/details?id=net.metaquotes.metatrader4"],"image":["https://files.peakd.com/file/peakd-hive/davidke20/jq86zUTC-image.png","https://files.peakd.com/file/peakd-hive/davidke20/BQxP1OiN-image.png","https://files.peakd.com/file/peakd-hive/davidke20/4pQJkng8-image.png","https://files.peakd.com/file/peakd-hive/davidke20/wtNvnVr2-image.png","https://files.peakd.com/file/peakd-hive/davidke20/kb9fh0Qa-image.png","https://files.peakd.com/file/peakd-hive/davidke20/FMIKyj3X-image.png","https://files.peakd.com/file/peakd-hive/davidke20/oFBDeb4a-image.png"]}"
created2020-04-25 13:13:03
last_update2020-04-25 13:13:03
depth0
children11
last_payout2020-05-02 13:13:03
cashout_time1969-12-31 23:59:59
total_payout_value16.216 HBD
curator_payout_value16.894 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length5,446
author_reputation727,005,570,380,901
root_title"A lengthy explanation of my crude oil view"
beneficiaries
0.
accountph-fund
weight2,000
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id96,991,799
net_rshares46,614,637,537,870
author_curate_reward""
vote details (169)
@bible.reader1 ·
He said, ***'Stop doing wrong things and turn back to God! The kingdom of heaven is almost here.***'(Matthew 3:2) 
## Question from the Bible, *Is your religion the true Church?*
Watch the Video below to know the Answer...
***(Sorry for sending this comment. We are not looking for our self profit, our intentions is to preach the words of God in any means possible.)***
https://youtu.be/7OX41Sv3tT0
Comment what you understand of our Youtube Video to receive our full votes. We have 30,000 #HivePower, It's our little way to **Thank you, our beloved friend.**  
Check our [Discord Chat](https://discord.gg/vzHFNd6) 
Join our Official Community: https://peakd.com/c/hive-182074/created
properties (22)
authorbible.reader1
permlinki90a47k8won
categoryhive-175254
json_metadata""
created2020-04-25 13:43:24
last_update2020-04-25 13:43:24
depth1
children0
last_payout2020-05-02 13:43:24
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length687
author_reputation-885,037,929,682
root_title"A lengthy explanation of my crude oil view"
beneficiaries[]
max_accepted_payout0.000 HBD
percent_hbd100
post_id96,992,116
net_rshares0
@bossku ·
Thank you for your support. Here's a !shop as token of appreciation.
properties (22)
authorbossku
permlinkre-a-lengthy-explanation-of-my-crude-oil-view-20200425t131813z
categoryhive-175254
json_metadata"{"app": "rewarding/0.1.0"}"
created2020-04-25 13:18:15
last_update2020-04-25 13:18:15
depth1
children0
last_payout2020-05-02 13:18:15
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length68
author_reputation9,882,650,938,271
root_title"A lengthy explanation of my crude oil view"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id96,991,851
net_rshares0
@joelsegovia ·
This is great!!! Count me in to be a trading companion... I'll download the app and reach you with some feedback... You known, actually oil is pretty much the chicken of the golden eggs here in my country... So it would be awesome if I somehow manage to learn how to trade oil financial instruments.

properties (22)
authorjoelsegovia
permlinkre-davidke20-q9e4sr
categoryhive-175254
json_metadata{"tags":["hive-175254"],"app":"peakd/2020.04.5"}
created2020-04-26 10:22:06
last_update2020-04-26 10:22:06
depth1
children3
last_payout2020-05-03 10:22:06
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length301
author_reputation29,339,998,106,225
root_title"A lengthy explanation of my crude oil view"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id97,006,313
net_rshares0
@davidke20 ·
It's rather interesting to trade commodities with CFD(no physical product delivery), because it involved different kind of risk. To buy oil, even if you earn money for oil price going UP, but we will have to pay for the overnight swaps. If we sell oil, it's the other way round. Even if we lose the value, but we're making profit on the over night swaps, especially during weekends, triple pay yo. We will come back to this part on our following episode.

![image.png](https://files.peakd.com/file/peakd-hive/davidke20/umhA4kD8-image.png)

Here's a glimpse of what is happening right now at this moment, if you have the APP, login and you'll see it sitting there. The actual profit is only $1.40, but the over night interest since Thursday, Friday, Saturday and Sunday are now 6.21. After commission, that made up of $7.57 in total.
properties (22)
authordavidke20
permlinkre-joelsegovia-q9e5tb
categoryhive-175254
json_metadata{"tags":["hive-175254"],"app":"peakd/2020.04.5"}
created2020-04-26 10:44:00
last_update2020-04-26 10:44:00
depth2
children2
last_payout2020-05-03 10:44:00
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length832
author_reputation727,005,570,380,901
root_title"A lengthy explanation of my crude oil view"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id97,006,570
net_rshares0
@joelsegovia ·
Interesting, I'll drive on assets with CFD...

I have a little issue with the app, I dunno why but it only lets me login to a default demo account. Dunno how to access yours

![Screenshot_20200426160249654_net.metaquotes.metatrader4.jpg](https://files.peakd.com/file/peakd-hive/joelsegovia/oSGaCHg1-Screenshot_2020-04-26-16-02-49-654_net.metaquotes.metatrader4.jpg)
properties (22)
authorjoelsegovia
permlinkre-davidke20-q9evva
categoryhive-175254
json_metadata{"tags":["hive-175254"],"app":"peakd/2020.04.5"}
created2020-04-26 20:06:48
last_update2020-04-26 20:06:48
depth3
children1
last_payout2020-05-03 20:06:48
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length365
author_reputation29,339,998,106,225
root_title"A lengthy explanation of my crude oil view"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id97,015,709
net_rshares0
@lonelywolf ·
@tipu curate 4
properties (22)
authorlonelywolf
permlinkq9ci7i
categoryhive-175254
json_metadata{"users":["tipu"],"app":"hiveblog/0.1"}
created2020-04-25 13:16:33
last_update2020-04-25 13:16:33
depth1
children2
last_payout2020-05-02 13:16:33
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length14
author_reputation25,295,791,457,391
root_title"A lengthy explanation of my crude oil view"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id96,991,832
net_rshares0
@davidke20 ·
What a huge blessing. Thank you for your curation!
properties (22)
authordavidke20
permlinkre-lonelywolf-q9cimv
categoryhive-175254
json_metadata{"tags":["hive-175254"],"app":"peakd/2020.04.5"}
created2020-04-25 13:25:42
last_update2020-04-25 13:25:42
depth2
children0
last_payout2020-05-02 13:25:42
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length50
author_reputation727,005,570,380,901
root_title"A lengthy explanation of my crude oil view"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id96,991,936
net_rshares0
@tipu ·
<a href="https://tipu.online/hive_curator?lonelywolf" target="_blank">Upvoted  &#128076;</a> (Mana: 0/28)
properties (22)
authortipu
permlinkre-q9ci7i-20200425t131650
categoryhive-175254
json_metadata""
created2020-04-25 13:16:45
last_update2020-04-25 13:16:45
depth2
children0
last_payout2020-05-02 13:16:45
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length105
author_reputation55,212,745,807,281
root_title"A lengthy explanation of my crude oil view"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id96,991,837
net_rshares0
@oflyhigh ·
完全看不懂,但是觉得很长
properties (22)
authoroflyhigh
permlinkq9ckx7
categoryhive-175254
json_metadata{"app":"hiveblog/0.1"}
created2020-04-25 14:15:09
last_update2020-04-25 14:15:09
depth1
children1
last_payout2020-05-02 14:15:09
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length12
author_reputation4,668,665,559,620,831
root_title"A lengthy explanation of my crude oil view"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id96,992,453
net_rshares0
@davidke20 · (edited)
谢谢大佬点赞。这个其实是第三篇,因为最近学人开始炒油,所以我也弄个模拟账号玩玩。高飞哥有兴趣可以下载一个,登陆我的账号看我赚模拟币。呵呵
properties (22)
authordavidke20
permlinkre-oflyhigh-q9cm2k
categoryhive-175254
json_metadata{"tags":["hive-175254"],"app":"peakd/2020.04.5"}
created2020-04-25 14:39:57
last_update2020-04-26 00:33:33
depth2
children0
last_payout2020-05-02 14:39:57
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length68
author_reputation727,005,570,380,901
root_title"A lengthy explanation of my crude oil view"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id96,992,737
net_rshares0