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timingchain replied Sep 8, 2019This is what ranging looks like ! EMA20 has slow oscillations across this span. The arrows correspond rather well with wave troughs and crests in EMA20.
WTI Crude Oil Trading
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timingchain replied Sep 8, 2019Thanks, D. Dorian was a horror for the Bahamians. It stayed far enough offshore here to not impact my son's family or me.
WTI Crude Oil Trading
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timingchain replied Sep 6, 2019"We are winning the trade war. Trade talks are just around the corner. Their people called our people."
WTI Crude Oil Trading
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timingchain replied Sep 6, 2019Failure to break through the April downtrend line leads to retreat, along with other weak technicals and market uncertainty. Resumption of uptrend has low probability. EMA20 crossed at ~55.75.
WTI Crude Oil Trading
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timingchain replied Sep 4, 2019A new Green Arrow is boss, for a while, anyway. On the WTI H4, EMA20 was crossed at ~54.66. The HoD was 56.58, for an advance of ~190 pips. The October and April downtrend lines are intact, but PA is almost at the April trend line around 57 as I ...
WTI Crude Oil Trading
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timingchain replied Sep 4, 2019new Green Arrow? Confirmation requires close above 54.66.
WTI Crude Oil Trading
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timingchain replied Sep 2, 2019No trading for me this week--too distracting. I expect minimal tropical storm winds & rain here, but my son & family might have to evacuate.
WTI Crude Oil Trading
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timingchain replied Sep 1, 2019Dorian is going ashore in the Bahamas as an Andrew-strength storm of 160 mph winds--a catastrophe for them. With a lot of luck, no landfall in the US. EDIT Max sustained winds are 180 mph in Sunday 1100 ET update.
Hurricane Watch
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timingchain replied Aug 31, 2019Red Arrow on the H4 chart was confirmed. The October and April downtrends on D1 chart (#3548) remain intact. Outlook is negative unless the April downtrend is breached.
WTI Crude Oil Trading
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timingchain replied Aug 30, 2019As the poker pros say, it's a tough way to make an easy living.
WTI Crude Oil Trading
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timingchain replied Aug 30, 2019I had to give the current H4 bar a Red Arrow since it breached EMA20. This typically results in a few to many days staying below EMA20, but with Dorian and a long weekend, its is quite uncertain. Did the Scots invent shortbread or just develop it to ...
WTI Crude Oil Trading
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timingchain replied Aug 30, 2019The 1100 ET report shows forward speed has decreased from 13 to 10 mph. This gives more time for the eastward movement of the HP region, which could allow an earlier northward turn of Dorian.
Hurricane Watch
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timingchain replied Aug 30, 2019Possible EMA20 crossover -- waiting for confirmation
WTI Crude Oil Trading
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timingchain replied Aug 30, 2019A high pressure region over NC & VA will steer Dorian westward into FL with a very high probability, aided by a LP region over Cuba. As the HP moves eastward over the Atlantic, Dorian will be able to turn northward, possibly when it is over FL. Low ...
Hurricane Watch