ES gold soybean oil

28 ago

8 28. 24 in this video there was a 2-bar reversal moving lower on the ES and I think this could be a good short trade with a small stop and potentially a real good Target or a substantially real good Target lower and I explained that. I don't think it will take a large stop to stay in the trade. gold has been Trading in a Range it was predictable early in that pattern.... and it's a good example of how markets can make new highs and you would think that that would be easy Trading but it really isn't that easy unless you can frame it and also realize that markets that make new highs frequently don't go a lot higher or lower.. the range and you want to judge the market that way if the range is significant enough to give you short-term trades as a buyer and or a seller. the last Market was Soybean Market and it could be one of those examples where you get out of your trade if you were long at the bottom and now it's getting a little tougher to stay long without Corrections.... and you want to think about those decisions because if it doesn't go much lower it can go higher than we have so far. I think it's tough to hold trades like this where the market had a great reversal point to go higher but the market didn't give it as much of a reward as you would like.... and that can influence you to think that the market is at high risk of making new lows and that you should take your profit. I talk about that a little bit.