Oil – inflection points for Jan. 26, 2017

Yesterday’s trades

A tough day for traders using Nat’s Keyline as an entry point.

The price whipsawed around that line in fairly wide swings, and some traders may have been stopped out twice.

More conservative traders, who are using Nat’s Sell or Buy level as their entry point rather than the Keyline, never entered this trade and avoided the whipsaw.

Daily workbook

Download link: (170126-daily-trading-worksheet-oil.pdf, 172KB)