OK.. tell me when you in and out.. Just me and you here.. I'm out right now... I was trading on those EMA for awhile.. Just a feeling most of the time.
Humans like complicated...I don't Daily chart has price trying to make up its mind what next...
Oil seems to kind of cycle from oversold to overbought to oversold...,...,... The daily chart below has price contained within the doubleBollinger Bands the majority of the time...an indicator as simple as a 5 day moving average can act as a trigger/alert for the next trade...triggers tend to happen at the one deviation bands...interesting now that you can see them...?...if you can't see them; then I'm wrong...and simple doesn't work...
So does the stochastics have a signal...Is CCI trying to tell you something...MACD...? It doesn't matter what I see or think...its what you see these indicators saying... Signals at signal lines will let you make an appropriate trade =with technical signals on your side...it isn't a promise that it is going to move 15% in the direction of what the indicators are saying...its an indication that potential is there... $WTIC UCO...Price has not been below Centerline since the first week of May... 60 minute...did it lead daily signals...?...if so then you can say 60 minute is a proxy for the daily chart...
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