Tuna's Crude Recordbook

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Tuna

Listen and act, don't ask it, it doesn't oblige
-27, was long, stayed too long. Gave away all the profits. Crude is becoming very difficult in the current market structure for my trading style. Cutting down position size to half for subsequent trading till I get back in Sync with Market.
 
shorted crude 3556..stop loss 3566...logic being if two conseutive 30 minutes bar enters in to the value area of market profile of previous day..price will touch the value area low of previous day...80percent probability..
 
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Tuna

Listen and act, don't ask it, it doesn't oblige
Not trading today. Will use this weekend to ensure that I rectify my recent failure patterns with the present market situation and start fresh from Monday !!
 

Tuna

Listen and act, don't ask it, it doesn't oblige
I feel this is because we are seeing distribution at current level. This could be first sign of trend reversal - but I have not managed to finish my analysis on crude levels the way I want to. Most of the time going to Nifty. Need to balance it out


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Tuna

Listen and act, don't ask it, it doesn't oblige
Was sharpening my drills guys - expect me back in action soon.
 
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