Let's See How Well We Did With Crude Oil . . .
A WD Gann 'Window on the Markets'
First, here was our call for higher prices
Then, prices proceeded to move higher as predicted
CRUDE OIL: Signals Were Good to Go Here Too!!
The ‘Exit’: The Other Half to the Trade!
The ‘Exit’: The Other Half to the Trade!
While our entry signals have been proven over time and experience to be very special indeed; they’d be handicapped if we didn’t also pay attention to their ‘other half’; The EXIT to the trade.
Yesterday’s and Today’s Brent Crude Oil trade signals are a case in point.
There was a total of $3,200 USD in potential downside & upside trending profits (per contract) offered up by the Market in just the last 24-hours or so.
This potential came from over a $1,000 price move on downside trend & over a $2,200 price move on the upside reversal that followed.
All this, just by working off of the signals given by this unique Methodology.
It’s critical to remember this; Once in a trade, one needs to be able to detect the point of exhaustion for that trend and, it’s price break-out point in the opposite trending direction.
The same technology that generated the Entry Signals shown these last two days (from ‘The Excalibur Trading Method‘ Course), could be used to follow the trade’s trend and detect it’s Exit or Reversal point to go Long again. Just as it will detect the end of the present upswing in prices.
This is a Science, not magic or opinion.
Opinion plays no part in this process. The market will guide you along it’s natural course if you’re able to read it’s hidden, subtle signs.
You must possess both sides to the trading equation; otherwise opinion/emotion will creep into your decision process and rob you of the optimal results.
This why you shouldn’t take trades from the signals given on this website (the examples are purely for educational purposes only anyways: read the disclaimers), as, unless you have ‘The Excalibur Trading Method’, you won’t have the same insight into where the Exit point to a trade will be (and I don’t usually publish both points as I’m not up 24-hours to follow trades in the global markets).
Keep in mind this:
In most cases, traders do two things: Get out too early or, (more costly), stay too long in a market move. – George
Crude Oil Prices Hit ‘Wall of Time’
This is post is republished from our WDGann-Lost-Secrets.com website
CRUDE OIL PRICES HAVE NOW HIT A ‘WALL OF TIME’
Crude Oil prices have now entered a crucial price zone. In fact, prices have hit what I call a ‘Wall of Time’ which makes further sideways price movements difficult to sustain.
Chart courtesy of Finviz.com. All charts are for educational purposes only.
SELECT ACCESS TO MEMBERS ONLY
As to what will follow for Crude Oil prices, that’s reserved for the private members section of this post.
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What Follows is Reserved for Members of the WD Gann Traders Group . . .
[private_WD Gann Trading Secrets Group]
Chart courtesy of Finviz.com. All charts are for educational purposes only.
Prices can only verify a reversal to the upside by closing on a daily basis above $82.50.
Chart courtesy of Finviz.com. All charts are for educational purposes only.
Expect prices to drop dramatically again with $76.50 as a support price target initially should the low of 5-days ago be taken out.
– George [/private_WD Gann Trading Secrets Group]