8/03/2009

The World Was Flat

I was complaining that soybeans had not offered much to trade in July. Looking at the daily chart for July you can see why. When the world is flat stay on the beach.

Daily Soybean Chart
Crude on the other hand has been anything but flat and the opportunities to trade intraday have been plentiful.

Daily Crude Oil Chart
The message is, listen carefully now the guru is speaking, trade the bumpy chart not the flat one.

2 comments:

daytrader233 said...

"...trade the bumpy chart not the flat one."

Yet another nugget of gold that you won't find in a trading book!!!!

Solfest said...

I may have mentioned that I am Genius. :)