Thanks for your thought.
I made devotion of shorting RB because I saw a gap down on Sunday, thought there might be a downward pressure to that movement. Other energies were at this lukewarm zone where price starts to rise a bit and consolidate.
im new to energies, I don’t know if the fundamentals like oil reserves and demand would support a further downward movement.
i have to admit that I did not follow my trading plan for that trade. I don’t have a trading plan for energies. I thought they are a different market than forex. Still exploring what works the best for commodities trading.
what about you? Do you trade on trend or intraday?