Now that the contract is over and we are into the new contract, price action is dropping a bit. It is looking like colder weather might actually take hold over the next 2 weeks or so. I am looking at a possible Buy Order around 3.600. This will put price action just outside the Linnear Regression Indicator - I am also going to be looking for Larry Williams Second Wise Man, which is the circle indicator under the candle. If that shows AND it's between 3.600 and 3.700, I will probably put in a Buy Order.
This might not happen until tomorrow, or even Sun night/Monday. I will be patient and not rush it - also, I am always weary putting in an order on Fridays due to the Big Boys manipulating price after hours over the weekend.
Lastly, due to the pandemic, once my order is executed, I will watch it for any reversal - this could happen any day now as the new varient is taking hold around the world. Always be on the lookout for countries shutting down, going into lockdown, flights getting cancelled etc. AS soon as economies shut down, markets tank.
Trade wisely and use stops. Have an awesome New Year Celebration!! Stay Safe :-)
HEIKO
This might not happen until tomorrow, or even Sun night/Monday. I will be patient and not rush it - also, I am always weary putting in an order on Fridays due to the Big Boys manipulating price after hours over the weekend.
Lastly, due to the pandemic, once my order is executed, I will watch it for any reversal - this could happen any day now as the new varient is taking hold around the world. Always be on the lookout for countries shutting down, going into lockdown, flights getting cancelled etc. AS soon as economies shut down, markets tank.
Trade wisely and use stops. Have an awesome New Year Celebration!! Stay Safe :-)
HEIKO
Dagangan aktif
Nota
So Price Action hit 3.600 which executed my Buy Order. Cold weather is supposed to start this weekend in the U.S. so I am hoping for some decent rise in price next week where I will probably get out of the trade.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.