NYMEX:CLQ2020   Crude Oil Futures (Aug 2020)
6.15.20 Part 2 : be patient with this one: don't stress out. Two examples: 1) sometimes it is going to be better to go long on a bearish market that is oversold, than going long in a bullish market that is contracting. 2) prints on the Forex are NOT last trade and this distorts what actually happened...and more importantly>>> your impression of what happened is not always accurate ( I talked about this when I was looking at price failing to retest a gap ). YOU CAN work around it, but should be aware of it...imo One mistreatment: gold is a trending market and a ranging market: it is contracted. Even though it is at a 382 support...unlike Larry P...I cannot take a long trade because I can see evidence of buyers right now...so I would not take this as a "buy". We can follow this.
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