Crude is experiencing some incredible moves which may be a sign a bottom is near. When bottoms form there is wider moves with volatility...we are watching the trigger zone for a possible long entry. We will keep a tight leash on the trade is it triggers. You never know with crude. NO TRIGGER...NO TRADE!
seems your long is triggered. :) No trigger, no trade. I like this line.
OffTheFloorTrader
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Hi Sean...this didn't trigger yet for us. It needs to get into the zone. It touch it by two ticks which is not enough for us. It would have worked but didn't meet our criteria. hope it helps.