It traded down to 69.8- if you are day trading and in oil you can make a nice living day trading we touched on this before you wont get the exact bottom but more than likely you make at least a quarter and stress less using a minute chart wait for the vehicle to turn at least thee pips in the other direction after making an obvious turn then buy or sell depending the bottom so far here is 69.8 we waited the three pips and got in at 70.12 now we sell at 70.49

for a quick $370 we noticed it plateau  it may go higher we could have just stop adjusted as we were ahead but since we have been doing nothing but trading for $370 is not bad for roughly 6 minutes of work

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