@GeoDudeManBro, You are pretty much correct... Now we are looking at TA which is clearly saying that it can happen.
anishthomas
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@GeoDudeManBro, may be... let see.. if i m worng, im wrong.. if i m right, i make $$$ :)
GeoDudeManBro
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@anishthomas, EIA reports every Wednesday at 10:30 am eastern.
Reports US crude inventory every week. Scan the report see if there is a draw or build then apply your TA
anishthomas
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@GeoDudeManBro, thanks bro... i dont follow reports... charts tell all... lets wait and watch... there is a risk to reward for my trade. if i loose, i loose little... if not, i gain hard :)
GeoDudeManBro
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@anishthomas, TA with no FA is just none sense, it's the reason that literally everyone on USOIL gets there shit wrong all the time
anishthomas
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@GeoDudeManBro, you seem to be a pro... show me wht u got...i m still learning the trade. unlike you i dont have attitude.
GeoDudeManBro
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@anishthomas, I just can't stand TA with no FA. Prices don't move because of lines on a graph, there is context to literally everything.
Like I bet you are wondering how it made it to 71? Well tropical storm gordon is hitting a highly productive area of the Gulf and will force a bunch of rigs to shut down. Supply goes down, prices goes up
anishthomas
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@GeoDudeManBro, like i said... it will drop hard... hahaha... i made a killing... your FA up your a** dont act too smart dude...u might be wondering how it went down even after draw...