I use pivot points, historical data, and machine learning models to help me trade QMX2017 and CLX2017 futures. Tomorrow my models predict another drop in price. QMX17 & CLX17 Predictions for Tuesday 10/3/17 Binary Price Change Direction: 0, indicating a downward price change Binary Price Change Probability: 34% Numeric Price Change: -0.56 Polar Numeric Price...
ketika price telah engulf TP 1, berarti ada kemungkinan price akan bergerak ke TP 2 fibo 2.618
I plan to look at potential reversal... maybe QM formation at lower TF as the price entered swap zone
5 and 10 DMA's lost in a rug pull fashion today as oil had a bull trap this morning to the $50 integer, followed by a rapid $1 dump in around 1-1.5 hours. MACD bear cross on daily, inverse hammer on daily, etc.
Updated my trade. Instead of using trend line as trailing stop, i inserted a fixed stop loss. Please disregard previous chart.
Review notes posted on chart for reasons I am considering going L. This is a risky trade, therefore, i have made my s/l very tight (trendline).
I have this theory that the beginning of 2014 is deja vu of 2008. We have global disinflation, with deflationary threats in the EZ. This has propped up the dollar, causing commodity prices (particularly PMs and oil) to tank. In 2007, leading into 2008, the general beat on Wall Street was that equities wouldn't decline. "So bullish it hurts," as I seen on one CNBC...