Welcome to the TFC Commodity Trading Forum.
Please feel welcome to join in on these informative ongoing discussions about trading futures and commodities.

The Trading Forum is intended for the open discussion of commodities trading. The management of this Forum does not agree or disagree with the ideas exchanged, and does not exert editorial control over the message posted herein. Read and post at your own risk. The risk of loss in trading or commodities can be substantial. We discourage the use of this Forum to promote trading that is acknowledged to be risky. Please note: many links from the Forum lead to pages on other web sites. We cannot take responsibility for nor endorse the information presented on those sites.

TFC Commodity Trading Forum

Re: OJ - Interesting !/Gian
In Response To: Re: OJ - Interesting !/Gian ()

Fundamentally, prices should continue to rocket up.

However, we never actually know what all the fundamentals are. They could already be fully priced in. Which means tomorrow, the rubber band effect will be in play and prices will retrace at least 50% of the last 2 day's moves.

If I have a pattern I am familiar with, I will often talk about how that pattern usually plays out if partially formed (never predict though), but I don't have established rules for these conditions other than to not trade.

ANYTHING can happen. It's entirely possible a time vortex can be generated, and we see past price moment from a week ago suddenly go limit up for all I know...

You have to remember, one of the key tenets of my method is that I don't actually know anything, can't predict the future, and have no idea what I am doing. All I do is play a series of previously identified technical set ups like a trained monkey.