Friday, February 24, 2012
Micro-surgery
What are 9 ticks for the huge volatility of crude oil? Almost nothing. That's why it is relatively easy to catch them. No need to know what did the Iranians in Ormuz. No need to anticipate and get the entire price movement (there are MANY, anyway, everyday). All I need is to cash in some ticks here and there, based solely on momentum. Today I had these 9 and 10 more a little bit earlier. It is relatively easy if you are not greedy. Like doing micro-surgery on an elephant.
Labels:
crude oil,
trade analysis
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1 comment:
nicely done
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