Ive been short on the lower time frames and will continue to look at the short side until oil is at the 38 level. At the 38 level we could be at a completion of a corrective flat pattern and I will then look at entries for the long side. Identifying were you are on the higher time frame can be most beneficial to day trading on lower time frames enabling you to only take entries with the trend.
코멘트:
Trying long only one position size.
코멘트:
progressing well. moved stop to cover my position. risk off trade now.
코멘트:
moved stop to lock in 0.93% profit and looking to add on pull back.
코멘트:
trade closed. back to the drawing board... a few possibilities are at play.
The current price action may change this view if I see a close above identified wave 4.