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TFC Commodity Trading Forum

Re: Crude Oil bounces strong this week..

just sayin'...Crude gonna bounce now, and it did.

i choose entries on a 2 minute chart...following patterns
that for 35 + years have proven to work favorably.

expand into longer time frame/s as day progresses,
and make a decision on whether the move deserves
a 'position' trade.

counting bars is easy,
pattern recognition is a bit more difficult, but can be done
decisions as to duration of such things as 'price bounces'
can be strenuous until a daily price bar pattern fully emerges.

just sayin'...criticizing is easy.

the other stuff takes time, and much humiliation to learn.