Archive for January 13th, 2012

Crude Oil – Market takes out my Stop and now looks to continue

Crude Oil - Market takes out my Stop and now looks to continue

The markets have been very difficult to read lately so I've not been able to trade as much as I would have liked..  if I'm not sure or just feel that I'm not in sync with the markets, I rather be out. Anyway, I saw a nice set up today. The Crude Oil markets were in an uptrend when the price fell and pulled back. My thinking was that the pullback was going to be shortlived as the price would continue to fall after this. The top as you can see in the below chart was many things.. it was where

January 13, 2012 No Comments Full Story