Crude is restoring my faith in things that go up and down and make shiny blue bars.
2 Minute Crude Oil Chart
The first trade's entry bar was blue when I entered and then went yellow as it closed under the EMA, still a valid signal and worked out to target. I should not have taken that third trade (short) as the short EMAs were still on top of the long EMAs, and I got smacked for my efforts.
Still a nice day.
Soybeans were quiet again with one nice move that I didn't take as I was done after the early crude trading. This soybean chart can go in the business plan as the ultimate signal, we see the range expand, bars go blue, pull back to the EMA, break of previous bar high off the bounce, in we go, target we hit.
It could be the best trade set up I never took.
1 Minute Soybean Chart