oil, cl, day trading levels for Sep 27yh

105
The levels I am pointing out are directional signaling areas and are not always the trade trigger. after a direction is established for my trade i then need to have a triggering event. The trigger can be right at the break point but often is not and the market will have to provide me some real time info to actually create the trigger so the action can be fired upon. I look at trades as 2 parts one is a directional signal and second a trigger or action point. Action point will be looking at things like possible reward and possible risk and is the action cooperating with the signalling direction.

In the live trading room my software create triggers it is up to the trader to see if the trigger matches there personal risk reward.

I point this out because I have been getting lots of questions as of late on what my red zone means.

I will not be adding much about the market today due to the fact the red zone was broken lower as of this typing and will possibly provide a second post today after the break move has digested.

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