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Oil- Sometimes No Trade is a Position

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#USOIL# Oil- Sometimes No Trade is a Position

As you can see on the daily there is what I call a counter trend consolidation. You don't always have to be in a trade. Sometimes the trades you don't take make all of the difference. I just sit and wait now for the momentum to return in oil . No catalyst. No trade

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Good call - and I agree with you. Very apt when it comes to oil in this market.πŸ‘πŸ‘

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