Hello Traders,
I will be back to the regular daily vids and the plays again. We are getting active with option trading over here and added with the channel system looks to be headed in the profitable direction. The key will be to make it consistent. We know we will have some winning trades, but winning like Charlie Sheen would say, must happen 9 out of 10 plays in our book. In any case, RIG head and shoulders pattern looks to be playing out still. I think a close below 77.69 on the daily will give it a date with the neckline around 75.50. Heres an updated chart. We called it two days ago so put options could have been purchased and would have been up nicely past two days. Chart below and be on the lookout for the vids. ITS THE RETURN OF THE CHANNEL GUY TRADER.
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