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I was not expecting that...........only the true market wizards like Sir Ben would have took serious advantage to that and kept there cool
That moved to fast for me to think!
" I will follow my rules, I will take my stops, I will be disciplined and i will work with the market....NOT AGAINST IT! Professional mind control is the key"
Broker: Advantage, Trading Technologies, OptionsCity, IQ Feed
Trading: CL, NG
Posts: 1,038 since Jul 2010
Thanks Given: 1,713
Thanks Received: 3,863
The thing to note about CL is when its experiencing huge selling like we just had, the standard support and resistance levels are completely thrown out of the window.
Yeh i understand....complete lack of respect for any thing!
The beast has shown its true colours again
It tested one of your big picture Vwaps...........not that im sure it would have made any difference!
" I will follow my rules, I will take my stops, I will be disciplined and i will work with the market....NOT AGAINST IT! Professional mind control is the key"
Broker: Advantage, Trading Technologies, OptionsCity, IQ Feed
Trading: CL, NG
Posts: 1,038 since Jul 2010
Thanks Given: 1,713
Thanks Received: 3,863
The only MIDAS VWAP to be really concerned with is the one coming from the most recent swing low. The others have just moved back to the median at this point.
" I will follow my rules, I will take my stops, I will be disciplined and i will work with the market....NOT AGAINST IT! Professional mind control is the key"
Yeh i not even putting any weight on that analysis........
Just thougt i would post it
" I will follow my rules, I will take my stops, I will be disciplined and i will work with the market....NOT AGAINST IT! Professional mind control is the key"