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HammondB3
Nov 2, 2016 11:34 PM

RB futures long off B3 Weeklies support Long

RBOB Gasoline Futures (Dec 2016)NYMEX

Description

Gas popped on the news that a line caught fire in the south of the US. So notice how the news event negated any sign of the B3 Weeklies study working. As price capitulated and calmed down, the levels in the study regained validity. The support has held and 1.4719 mean is the target. R:R 1.5 to 1.

Trade closed manually

VWM oscillator suggested to end the long. so I did at a lesser target of 1.4634. .0138 Win. Small but effective indicators this time.
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