USOILSPOT I am out nowUS Crude Oil CFD forum
USOILSPOT I am out nowUSOILSPOT GO Baby GoUSOILSPOT It was really fun scalping both sides up and down heavily with 20 lots last evening. Within 5-6 candles, exit with huge profit. The market is not following the structure, so I, too, broke the rule and GAMBLED. It really paid me well. And I close the system after 2 times.
The idea was whenever you see a sharp fall with a big RED candle, once selling pauses, it will move in an UP direction. same way to some extent. Just catch it, ride on it, and exit before it starts to fall.
IT'S REALLY RISKY, LIKE GAMBLING.
I will not recommend this to anyone with less than 10K Fund.
USOIL Oil has become too boring to trade. Consolidation for 30 days and movement for 1 or 2 days. As a positional trader it is driving me nuts. Who else feel the same?
USOIL The Hourly just printed a Double Inside Day to mean that a BIG move is coming, either to the upside or the downside from tight "coiling".
USOIL Longs can be activated around the 63/61 area, London sell off tomorrow :)USOIL A closer inspection :)
USOIL 65.56 Inbound, we are smashing silver and oil :)tradingview.com/symbols/USOIL/minds/?mind=Ux92DX9mQ1q3Z7jEsF8few&exchange=TVC
USOIL at that "Number"USOIL On the Daily that is in Bearish (directional) Market Bias, the bearish trend broke through the Bullish Trendline (in green dotted line) and heading for the S&R Zone (that starts at 65.49). There's about 3 1/2 hours until a candle close. I wrote about this earlier. Watch carefully to see how the bears react around the S&R Zone to either hit resistance to come back up or go through the Zone and drop from it.
*Side Note:
The bearish drop is from both the Micro-Double Top and the Bearish Pressure Zone created by the upper wicks of the last four candles in succession to push the market down.
Also, notice how price action has mostly stayed below the midline of the very tall bearish candle at 71.90 (since June 23rd) because the candle's midline to high create strong forces of Resistance.
