trendwaves 

Thanks for your charts. However, i am not sure what are these about. Every trader has these charts and can look at them on his screen.

Are you long , short, sitting on hands? Did you had any trades today or you waiting for a set up etc.

mfbreakout 

I am surprised at CL not getting sold. Well i gave her hour and a half. $ at new highs and massive inventory build up but no meaningful sell off.

I believe everything still doesn't look that bad for bulls And spreads are strong today.
Saudis hiked their OSPs yday and defined oil markets like "balanced" and demand as "rising" this am.

Alphachase 

I believe everything still doesn't look that bad for bulls And spreads are strong today. Saudis hiked their OSPs yday and defined oil markets like "balanced" and demand as "rising" this am.

Thanks. I do not look at spreads. May be one day. In the mean time long and holding runner. Traders who are just bulls or bears just wonder. I just follow 2 lines of OR and then trade.

mfbreakout 

Thanks. I do not look at spreads. May be one day. In the mean time long and holding runner. Traders who are just bulls or bears are not much up year to date. I just follow 2 lines of OR and then trade.

It was a joke re bulls But I have read some of your posts and your approach looks quite interesting. But I don't trade technicals, just watch them sometimes.

Once the move is over- we have so called traders , analysts ae all over the internet and TV giving opnions. I bet none of them had or have a position on.

Certainly they don't. All these guys make money by giving opinions

mfbreakout 

Thanks. I do not look at spreads. May be one day. In the mean time long and holding runner. Traders who are just bulls or bears just wonder. I just follow 2 lines of OR and then trade.

Forgive my stupid question OR??

Alphachase 

Certainly they don't. All these guys make money by giving opinions

We have plenty of those here at NexusFi (formerly BMT) also.

leinster 

Forgive my stupid question OR??

OR= Opening Range

ACD Method Intro


NOTE: If you already have a method, my recommendation will not to spend too much time on this. It' a deceptively simple method and suits a particular kind of trader.