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Why I’m buying oil: Lambert

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Clive Lambert of FuturesTech explains why he is trading Brent Crude (Oct ’17).

He is looking to buy dips on $51.36/barrel and $50.56/barrel working a stop below $50.00/barrel. He is aiming to get long for a move back to $53.64/barrel with the next upside targets as $54.67/barrel and $56.65/barrel.

Lambert explains the background to a selected trade every week on TradingFloor.com.

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