1.10.24 This is probably the last video on XOM. The truth is I like the challenges of looking at new trading opportunities... but even more importantly... looking at Exxon oil is fun because I have absolutely no risk of loss.... because I've never traded it and I never will. You really want to wait for the markets to set up.... and I give an example or two of what a setup looks like. this is not the best time to start trading exxon because the markets contracted and you can still trade it but it's $100 a share or so with a very small range.... but if you can distinguish high probability decent reward setups by looking at this chart when it had those kinds of setups, it is worth thinking about this. if Exxon went lower 30 to 40%( 382)... I might consider being a buyer. Exxon may travel to the top of the yellow range box where you might find sellers. we could do this ad nauseam until we run out of space. If you want to save yourself from a lot of stress don't trade contracted markets. Wait for markets that are expanding or have already expanded and have great range.


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