persistence and determination alone are omnipotent
- Joined Dec 2017 | Status: Member | 3,710 Posts
I don't need to be good at the game, only good enough to beat my opponent,
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DislikedHello everyone, I'm really enjoying this little community of traders. It's always good to bounce ideas of each other in my opinion. Here is my contribution I hope you find it of some use. {image} Thanks JackIgnored
DislikedAs requested here is how I use COT reports and IV How I use Implied Volatility Premiums/Discounts Volatility is just another factor I use when trading markets along with price and volume I'm sure you know the old saying buy low sell high? When using implied vol terms we say sell complacency and buy fear. When implied vol is at a discount we assume investors are becoming complacent and are bullish on the market. Conversely, when implied volatility is at a premium those same investors are becoming fearful. I try to avoid becoming part of the herd...Ignored
DislikedAs requested here is how I use COT reports and IV How I use Implied Volatility Premiums/Discounts Volatility is just another factor I use when trading markets along with price and volume I'm sure you know the old saying buy low sell high? When using implied vol terms we say sell complacency and buy fear. When implied vol is at a ..........................Ignored
Disliked{quote} Very interesting. Please keep us updated with your VOL & COT reports. Good to have you here.Ignored
DislikedJust caution when going long. It is likely the Oil to continue to climb but watching the chart I see almost unnatural overbought state (not a single red week candle) - there will be 6-8$ correction at least - it will happen somewhere in the next 2-4 weeks. The absolute gain for the number of green week candles is not that big and yet there is no real problem or panic on the oil markets. I would seek for long opportunities but there should be some deeper correction first.Ignored
DislikedJust caution when going long. It is likely the Oil to continue to climb but watching the chart I see almost unnatural overbought state (not a single red week candle) - there will be 6-8$ correction at least - it will happen somewhere in the next 2-4 weeks. The absolute gain for the number of green week candles is not that big and yet there is no real problem or panic on the oil markets. I would seek for long opportunities but there should be some deeper correction first.Ignored