Virgo(2 days later): "How you would consider entering long now, after today's strong rejection ?"
My question was about that very bullish hammer on 2nd Oct that could make you re-consider " I don't want to be long anymore" position.
When I said I don't want to be long, it was on 30.09, the day OIL fell 4%. Then, when you asked me about that hammer, the chart looked even more bullish then it did when I first posted this chart. It's very annoying to change your bias on a daily basis, according to how the price moves, but that is the problem with my system. If I don't have a clear signal from a longer time frame, I change my bias on a daily basis. Besides that, I believe OIL is a very annoying market, very wobbly, with few trade-able signals for my trading system.