Oil is still adjusting. I remember a statement by Bernanke, almost a year ago now I think, that the oil rise was temporary and that it would go back down.
Today's trades were the usual: trade the pullbacks.
Anon 21:07, No, but I can. When the trades are automated, I usually show those as automated trades. Flo has a number of algos to find different types of trades. I'll do a post about this hopefully next week.
El, do you constantly monitoring and build FavFib lines as each of the intraday trends present itself?
ReplyDeleteAnon 17:15, Yes. As soon as I have a peak and a trough. I used the Fib extension tool for years but I can now eyeball it.
DeleteEL, are you using automation to find these trades?
ReplyDeleteAnon 21:07, No, but I can. When the trades are automated, I usually show those as automated trades. Flo has a number of algos to find different types of trades. I'll do a post about this hopefully next week.
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