and its fitting the lines perfectly and falling, boucing between them though as it does. it it can break its line cross at 50.89 next cross will be at 50.58
worrying for me as i cant take the risk of selling here with a stop just above then days highs (25ticks), but its a clear head n shoulders. Btw in oil news theres a strike all across france at its Total oil refineries, 24hour strike,
I'm here! Looking forward for the Job Report. If it's ugly - it will make my day. Otherwise - more work on charts etc... Anyhow - less that 1 hour left. Call me crazy - I don't care
i wouldnt be so sure about the jobs mate. since we saw it before worse than expected yet 300points upday. the actual numbers are almsot irrelevant now, its simply all about 'trade size'. since the volatlity caused at the jobs new breaking time could just be an excuse for the big players who want to buy to get loads of contracts of smaller sellers who do the logicla thing and sell on bad news.
That's true. The only thing that really encourages me is rapidly rising YEN! Forex market is no joke in terms of size
Do'h. Was very tempted to buy again ther at 51 (already making 40 odd pips), but CMC delayed me getting my chart up for an eternity, lol. Might just leave oil alone for the day, and concentrate on my other trading. Sun cant seem to stay out anyway....