Nymex made high 61.35 and trading now 59.55..
Message is... use reversal points...... with proper s/l....
No positional view....
As said, swing may be 9 dollars.....
Trade with perfect s/l
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Nymex Crude
Nymex crude volatility range is going to be 55.32 ~ 61.65
Hence... use all swings with proper s/l.....and trade...
Avoid positional view ......
Don't carry over overnight positions....because of 6 Dollar range.... means...9 dollar volatility swing may be on the cards....
Use swing reversals.... either long or short....
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