Tag Archives: Still in Effect

The Concept of Still in Effect: Learn to Trade in the Live Oil Trading Room

The concept of "Still in Effect" is one worth reflecting on.  Sometimes you get a signal on a chart and you may have exited the trade but the action may still be in effect. In these cases, the market may go higher or lower with the original signal and you may be re entering without a current signal. This occurs in cases where you are still trading inside the range in which the original signal was generated.  Some examples follow...  Note: This article may touch on some more advanced concepts we use in the room, but the principal is of value for any trader in any market (as do the concepts we use to trade) .  Consider the benefits of the Oil Trading Room and how the concepts and chart in this article consistently capture the movement of the market.  We look froward to seeing you in the room!

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