Oil Bearish - MY BEST ANALYSIS SO FAR!!
This is a retest of the Hell that broke loose. Ask youself a question...If there was that much selling here, what's the probability that price will fall big the next time price comes here again? If the answer is more than 50.1%, you should probably take the trade. Price might not be guaranteed to fall as far but you've got a clear signal that you could bank at least a little profit in this area.
This is what trading is. A game of probabilities. Your job is to trade at times where there is the most probability of price moving big, in a certain direction.
Naked trading is just that simple. Trading the bigger timeframes helps keep the markets in perspective.
The SECRET is to get out of a trade that looked good but isn't so good after a while. You've got to be disciplined when you know you just need to take the loss. Like in a relationship lol...ALWAYS WIN bigger than you lose!
YOU ALL CAN DO THIS! You can use trading to change your life & everyone around you!
This is what trading is. A game of probabilities. Your job is to trade at times where there is the most probability of price moving big, in a certain direction.
Naked trading is just that simple. Trading the bigger timeframes helps keep the markets in perspective.
The SECRET is to get out of a trade that looked good but isn't so good after a while. You've got to be disciplined when you know you just need to take the loss. Like in a relationship lol...ALWAYS WIN bigger than you lose!
YOU ALL CAN DO THIS! You can use trading to change your life & everyone around you!
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