It sure looks that way. Tuesday WTI went down $3.88, Wednesday it went up $3.45 and yesterday it went down $2.50 so it went down $2.93 in the last 3 days but it's up $1.75 so far today.

WTI Crude Oil Trading

Latest FPA technical analysis: url

Cable Update (GBPUSD)

The FPA technical analysis above was right on the mark since Bitcoin went down $3,146 today with a high ATR of 4,949 indicative of a significant down pressure as seen in the picture.

Bitcoin technical analysis

Another big reversal day. WTI went down $2.50 today with a higher than average ATR that produced 11 winning trades and 2 break even trades.

WTI Crude Oil Trading

No matter what you trade Normal Renko is best IMO since wicks can mess up indicators.

WTI Crude Oil Trading

Another reversal. WTI went down $2.50 or 4% today with a higher than average ATR that produced good trading opportunities on the down side.

WTI Crude Oil (TRENDSURFING - with the help of the model)

NG went up 7¢ today with a higher than average ATR that produced 1 winning trade of 7 bricks. Please note that the last arrow is a false signal indicated by the "x" because the FxBay MACD is positive.

Oil and Natural Gas

Normal Renko without wicks sometimes shows wicks when there is a big trend change. Before a new brick of size 10 is formed there could have been a wick up/down of 9+ pips so using wicks the bar size with wicks could be close to 30 pips. This is ...

WTI Crude Oil Trading

It sure is a different story and I wish I could use pending orders but because I need the Half Trend and the FxBay MACD to match it's not possible.

Renko trading using proven strategy

Thank you but I have friends that trade better then me

FTMO - For serious traders

External fundamental factors have broken short-term bullish context for BTC, which means that it could go lower within nearest 1-2 weeks: url

Bitcoin technical analysis

FPA technical analysis: While gold stands quiet - we could take a look at GBP as we have longer term setup there as well. url

Cable Update (GBPUSD)

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FTMO - For serious traders

Bitcoin went up $740 today with an average ATR of 3,223. At one time it was down $1,692 and at another time up $1,677.

Bitcoin technical analysis

Yesterday I stated that WTI doesn't know where to and WTI proved it going down 6% yesterday and going up 6% today. WTI went up $3.45 today with a high ATR that provided 6 winning trades, 1 break even trade and 1 weird losing trade between arrow 8 ...

WTI Crude Oil Trading

Totally the opposite of yesterday. WTI went up $3.45 or 6% today with a high ATR that produced good trading opportunities on the up side.

WTI Crude Oil (TRENDSURFING - with the help of the model)

NG went uo 1¢ today with a low ATR that produced 1 break even trade and 1 small winning trade.

Oil and Natural Gas

I don't have a fixed TP since the exit is after the next valid signal. I use a SL of 1 brick after a new valid signal so the SL is visual. This is exactly what happened yesterday (see post 560). Since I trade the S&P 500 using brick size of 3 ticks ...

Renko trading using proven strategy

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FTMO - For serious traders

Bitcoin is up $60 today on a low ATR of 2,873. Looks like there is no appetite to bring Bitcoin higher.

Bitcoin technical analysis