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Why I’m buying Brent: Lambert

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Clive Lambert of FuturesTechs explains why he is trading Brent Crude (March ’18).

Lambert plans to get long with levels currently around $68.60/barrel. His stop is below $68.20/barrel and his target for a day trade is $69.60/barrel,

If trading into next week, he is looking for a move to $70.37/barrel, then $71.40/barrel and potentially $75.00/barrel. 

He explains the background to a selected trade every Friday on Trading Floor.