What do we know... Another gap between 102.11 & 102.15 on june 2nd! Just got filled

US Crude Oil with smart VSA and Dark Seasons [only]

Well that`s the first thought... but we are talking about negative interest rates...(never happened before!) & Euro area is a major trading block... *Dollar and gold don`t always move inversely*

Only Gold!

yeah! On the sidelines... Truth is I don`t think anyone knows whats going to happen next... well except draghi and his old mates at Goldman... Best is to wait out and let the panic settle; until there is direction.. *the market is not going to let ...

Only Gold!

So how do you guys think ECB decision is going to play out... negative int rates...should be bullish for dollar and hence bad for gold but negative int rates for a major trading block in the world... could signal a fundamental demand shift to ...

Only Gold!

Yeah...hopefully! Don't forget about the ECB interest rate conference tomorrow...that could potentially move the market too! This consolidation on the 1hr chart has started looking a lot like the horrid one on the daily chart that we recently went ...

Only Gold!

It's a bit of everything...done again & again! (i.e experience - which eventually makes one better) * If I was smart I would have held on my shorts rather than get stopped out...* (maybe next time )

US Crude Oil with smart VSA and Dark Seasons [only]

I've recently added harmonics to my arsenal; so I could be wrong... but I think there might be a gartley possibility in the 1212-18 range... and a little further down at 88.6 area a possibility for a bat on the daily chart... Can you please verify ...

Only Gold!

I agree.. If only I had stuck to my initial plan too... "coulda, woulda, shoulda..." I'll let you in on something else regarding crude oil trading that I have observed over the years and might assist in channel trading... *so in case you already ...

US Crude Oil with smart VSA and Dark Seasons [only]

I guess my tone didn't come out right... I'm cool ~ No worries! I just mean't take what you got and leave before you end up losing it! (its the same thing as you implied earlier "walking away with your chips up") Anyway Price reversed and ...

US Crude Oil with smart VSA and Dark Seasons [only]

lol... ****** blame others for their own actions! We were on the same side anyway (hoping for an excess in inventories) Take what you got and run along... or you might lose more!

US Crude Oil with smart VSA and Dark Seasons [only]

Yeah.. they said it a couple of days ago... I'm not gonna trade oil until it reaches an understandable level... these mid zones with obscure support and resistance levels are the killers...

US Crude Oil with smart VSA and Dark Seasons [only]

Yeah it probably is deception... but you never know price might go low and retest 102.6 again before coming up again... atleast for a week now; the bias is to the upside! Good to see you walk off with some chips

US Crude Oil with smart VSA and Dark Seasons [only]

Makes sense...

Only Gold!

Shortage.... Price gonna stay here or go up... I guess the upmove is now justified! *didn't anyone here the recent story of opec releasing more oil in the market* (perhaps it was just a divergence...)

US Crude Oil with smart VSA and Dark Seasons [only]

Good luck.. last 2 or 3 candles on the 1 hr look promising... but then looking at silver and usd index reaction... I don't know... Even though I've been really looking for the downside also... You never know I may just join again later...

Only Gold!

2nd line of defence....hope it allows for a reentry!

US Crude Oil with smart VSA and Dark Seasons [only]

I salute those who had been on the sidelines today...such a confused & choppy market....

Only Gold!

wow! I wonder if you had take profit set to 700; would they let you keep it??? If so; I think I might start putting buy limits or take profit orders at such low levels for the heck of it... you never know? I guess it is needless to say the ...

Only Gold!

Its been a tricky 12 hrs..I am still adding shorts... I am still concerned with the volume and pa...there is divergence... Price should retrace... the numbers & inventories are going to decide Pa today... I have my sl's above the recent high now... ...

US Crude Oil with smart VSA and Dark Seasons [only]

As more time passes in this consolidation; I am have started to feel that the market is not going to move anywhere until thursday/friday... If anything it should retrace up to the 1264 level that you have stated... Though, this recent leg up is yet ...

Only Gold!