Current CPI is 326.6
If you adjust USOIL to inflation you can see current prices are just at 200 Moving Average compared to previous historical peaks. Prices of past weeks were just too low.
Another different topic is people affordability considering wages are not inflation adjusted...
Remember my 6 trading rules
1. Never add to a losing position: Do not average down, as this increases risk on a losing trade.
2. Don't be the first to buy low and sell high, and don't be the last to exit: Avoid trying to pick exact tops and bottoms, and do not hold on too long.
3. Think like a fundamentalist, trade like a technician: Use fundamental analysis for market context, but rely on technical analysis for execution.
Keep your analysis simple: Avoid overcomplicating chart analysis with too many indicators.
4. Start small and increase exposure when the trend confirms your analysis: Utilize scaling into winning positions rather than risking heavily on the initial entry.
5. The hard trade is the right trade: Frequently, the trade that feels uncomfortable or goes against your immediate impulse is the one that is correct.
These rules emphasize discipline, patience, and risk management.
Josep Pocalles
If you adjust USOIL to inflation you can see current prices are just at 200 Moving Average compared to previous historical peaks. Prices of past weeks were just too low.
Another different topic is people affordability considering wages are not inflation adjusted...
Remember my 6 trading rules
1. Never add to a losing position: Do not average down, as this increases risk on a losing trade.
2. Don't be the first to buy low and sell high, and don't be the last to exit: Avoid trying to pick exact tops and bottoms, and do not hold on too long.
3. Think like a fundamentalist, trade like a technician: Use fundamental analysis for market context, but rely on technical analysis for execution.
Keep your analysis simple: Avoid overcomplicating chart analysis with too many indicators.
4. Start small and increase exposure when the trend confirms your analysis: Utilize scaling into winning positions rather than risking heavily on the initial entry.
5. The hard trade is the right trade: Frequently, the trade that feels uncomfortable or goes against your immediate impulse is the one that is correct.
These rules emphasize discipline, patience, and risk management.
Josep Pocalles
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Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.