Gasoline weekly special report based On 1.00 Lot Calculation:
GEOPOLITICS:
- PRESIDENT TRUMP SIGNED AN EXECUTIVE ORDER TO PUT “MAXIMUM PRESSURE” ON IRAN: U.S. President Donald Trump restored his "maximum pressure" campaign on Iran that includes efforts to drive its oil exports down to zero in order to stop Tehran from obtaining a nuclear weapon. REMINDER: President Trump is expected to impose new sanctions/measures on Iranian oil, to slash Iranian oil exports to minimum from current near 1.6 million barrels a day.
NEWS:
- KAZAKHSTAN OIL FLOWS SLOWED AFTER AN ATTACK ON AN OIL PIPELINE. Crude prices received support after drones struck the Kropotkinskaya pipeline pumping station in Russia's southern Krasnodar region, reducing oil flows from Kazakhstan to world markets by Western producers, including Chevron and Exxon Mobil, the Caspian Pipeline Consortium said on Monday. The Caspian Pipeline Consortium (CPC) operates a pipeline that runs from the Caspian coast in northwest Kazakhstan to the Novorossiysk port on Russia’s Black Sea coast and carries 80% of Kazakh crude exports (1.06 million barrels a day out of 1.33 million barrels of a day total exports).
TECHNICAL ANALYSIS:
- STRONG SUPPORT AT $2.00: Gasoline has maintained strong support around the mark of $2.00 since 2021.
GRAPH (Weekly): 2021 - 2025
Please note that past performance does not guarantee future results
EVENTS:
- WEDNESDAY, FEBRUARY 19 AT 21:30 GMT: AMERICAN PETROLEUM INSTITUTE (API) WEEKLY OIL AND GASOLINE INVENTORY DATA. If inventory growth comes in lower than expected, it could indicate tighter supply, supporting higher oil and gasoline prices.
- THURSDAY, FEBRUARY 20 AT 17:00 GMT: US EIA (ENERGY INFORMATION AGENCY) WEEKLY OIL AND GASOLINE INVENTORY DATA. If inventory growth comes in lower than expected, it could indicate tighter supply, supporting higher oil and gasoline prices.
Gasoline, February 18, 2025
Current Price: 2.100
|
Gasoline |
Weekly |
|
Trend direction |
|
|
2.280 |
|
|
2.240 |
|
|
2.170 |
|
|
2.040 |
|
|
2.020 |
|
|
2.000 |
Example of calculation base on weekly trend direction for 1.00 Lot1
|
GASOLINE |
||||||
|
Pivot Points |
||||||
|
Profit or loss in $ |
18,000 |
14,000 |
7,000 |
-6,000 |
-8,000 |
-10,000 |
|
Profit or loss in €2 |
17,204 |
13,381 |
6,690 |
-5,735 |
-7,646 |
-9,558 |
|
Profit or loss in £2 |
14,285 |
11,111 |
5,555 |
-4,762 |
-6,349 |
-7,936 |
|
Profit or loss in C$2 |
25,544 |
19,868 |
9,934 |
-8,515 |
-11,353 |
-14,191 |
1. 1.00 lot is equivalent of 100.000 units
2. Calculations for exchange rate used as of 10:00 (GMT) 18/2/2025
There is a possibility to use Stop-Loss and Take-Profit.
- You may wish to consider closing your position in profit, even if it is lower than suggested one.
- Trailing stop technique could protect the profit.