Thursday Evening 26 January 2017
Buy a half-position in Mar crude oil market, [53.76]
Use 52.70 as a sell stop.
Crude can sometimes wash out recent lows before extending
into a sustained rally, as happened in the British Pound before
the Pound stopped out the long and then rallied non-stop.
There is no way to defend that kind of market activity. There
is risk in every trade.