Crude is trading below the centerline.
The pressing shows that the “election whales” don’t want higher prices at the moment.
Why?
No idea, and it doesn’t matter either.
All I’m interested in is where I can find a good entry to short crude. For example, a pullback to the pressure line, with a money management stop, or behind one of the weekly candles. It’s all a question of how much risk you’re allowed to take according to risk management.
Let’s see if we get an entry to join the sleigh ride down to the centerline.
The pressing shows that the “election whales” don’t want higher prices at the moment.
Why?
No idea, and it doesn’t matter either.
All I’m interested in is where I can find a good entry to short crude. For example, a pullback to the pressure line, with a money management stop, or behind one of the weekly candles. It’s all a question of how much risk you’re allowed to take according to risk management.
Let’s see if we get an entry to join the sleigh ride down to the centerline.
Watch the latest Video, it's online on YouTube:
youtube.com/@TradersTradingEdge
- Lean on facts, not on hope.
- Trade with an 80% edge.
- Follow the rules and the rest will come.
youtube.com/@TradersTradingEdge
- Lean on facts, not on hope.
- Trade with an 80% edge.
- Follow the rules and the rest will come.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Watch the latest Video, it's online on YouTube:
youtube.com/@TradersTradingEdge
- Lean on facts, not on hope.
- Trade with an 80% edge.
- Follow the rules and the rest will come.
youtube.com/@TradersTradingEdge
- Lean on facts, not on hope.
- Trade with an 80% edge.
- Follow the rules and the rest will come.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.