June 10, 2009 Tutorial: An Excellent Lesson on Camouflage

This session is one of the best ever. We spent most of the hour finding all of the tradable possibilities in the intraday charts of July Crude. A large pattern was predicting a $7 rally, from $67 to a potentially important top near $74. However, our strong incentive to find a way to get long came days earlier, when a thrust exceeded the $74 target’s sibling midpoint. Thereafter, we discovered nearly riskless opportunities to get long within moments of the ultimate bottom at 66.78. If you want to see the value of “camouflage” in intricate detail, this session is an absolute must.