“Good advice … & never trust anything a member of OPEC says about oil !”
Well now, the head pooh bah over in Saudi Arabia says trust him, “OPEC will cut
production … you’ll see”! … right, like I’d bet a frickin’ nickel on anything a Sheikh
or dictator thug has to say about oil … Warning to market: “this statement has a
half-life of an Obama promise on health care”.
But, with meetings over, and lying lips moving to the microphones, some great
moves in oil today … two outstanding algorithm buy signals that were “eye
watering” to say the least … all there in chapter 6 of the “Traders Course” [TC]
… don’t have it? … you can get it for FREE with opening an account at
PRIMEXBT through my affiliate link, and depositing anything via BTC … it
literally costs you nothing … or, send me $60, pay more for trading oil
somewhere else, and give money away … or do nothing … “I can lead a horse to
water, but I can’t make him drink”.
Literally ZERO going on in crypto today … NOON EST, and BTC has a day’s range
of only $134 [so far] … rather a dull day to say the least … no worries, oil made up
for that in spades, once OPEC finished and their plans known … oil VIX breaking
out to the upside, and it will be interesting to see if this continues into next week
… quite frankly, if I had the ability to draw up my own charts and control the oil
market, I couldn’t have done any better than what transpired this A.M. for real
… yes, it’s that good!
And just like that, BTC explodes higher and expands the range today to $278
… this move came on a perfect algorithm call to the upside, where entry was
close to perfection, and liquidation as close to perfection from the TC, as your
likely to get … the only reason I missed it, was cuz I had given up on trading for
the day and was finished … “silly rabbit, tricks are for kids”! … yes I know,
crypto never sleeps!
I’ll be giving more time to oil next week, highlighting some algorithm trades
when they come, with charts … those with the TC will already be shaking their
heads in agreement, and those without can sit and wonder … of course, crypto is
on my radar as well, and we’ll see what BTC is up to … I’m going to leave readers
of this blog with a final thought for the weekend … if you want to make shiploads
of money trading oil and/or crypto, then not only get the TC, but trade at the very
best place you can and put more money into your pocket! … blog update on
Sunday … until then mi amigos … Onward & Upward!!
Have a great weekend everybody!
-vegas
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