hey guys, great thread. if its OK I would like to join in. Looking to learn. I am just starting to learn price action. Also new to crude oil, in the past I have mostly traded stock index futures. Looking to trade QM. great price channel so far today. Thanks.
Earl is moving UP the East Coast and Fiona is losing steam. Neither should be a factor on this market: http://www.weather.com/newscenter/hurricanecentral/update/index.html
I know. Earl will be touching the East Coast over Labor weekend => cutting down gas demand. Fiona is a non-factor. We got a new storm that for the moment seems headed straight into the Gulf, although it's too soon to tell. Yes, I know, it's all in the damn bars. (Welcome on board Bearmountain - according to your channel .95 is a buy, right?)
Thanks. yes, .95 a buy, but very late in the trend. We just broke through the lower channel. price action queen nodoji would know better, but it appears to be start of a consolidation, range bound day.
How the market can make you feel oh so stupid. So much for the benefit of hindsight. Actually I've been through this before. Each time, I was too dumb to think I could "swing" for the fence. At any rate, if push comes to a shove, I'll be unloading at b/e.