Tuna's Crude Recordbook

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goldenedge

goldenedge

Well-Known Member
#521
#521
My eyes are bleeding. Too much 'red' :p

80 pips in 3 hours. What's happening in the market. Any idea?
 
Tuna

Tuna

Listen and act, don't ask it, it doesn't oblige
#522
#522
Entry was wrong, supposed to enter on Breakout and Failure. I stood in front of the breakout with my pants down. Utter rubbish. Traded like a newbie here.


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Tuna

Tuna

Listen and act, don't ask it, it doesn't oblige
#523
#523
goldenedge said:
My eyes are bleeding. Too much 'red' :p

80 pips in 3 hours. What's happening in the market. Any idea?
Click to expand...


FED Rate hike , strong USD = weak crude, was the reason for my overnight short. Should have sticked to that bias.


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Tuna

Tuna

Listen and act, don't ask it, it doesn't oblige
#524
#524
Tuna said:
FED Rate hike , strong USD = weak crude, was the reason for my overnight short. Should have sticked to that bias.


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Click to expand...
Here is it

Tuna said:
Closed the remaining Short position (overnight, level was 3518) @ 3457 = +61 , I am out of crude as of now. Shall explore again in the evening.
Click to expand...


The overnight position:



The order completion



If we breach 4398-90 range overnight, I will expect more downfall.

Reason is (here)



My cashflow system (will explain on my weekend post) already showing negativity from 4420 level (I am an a$$ tonight losing money on the last contra long, did not saw this - it was a clear no go)


 
Tuna

Tuna

Listen and act, don't ask it, it doesn't oblige
#525
#525
Tuna said:
Entry was wrong, supposed to enter on Breakout and Failure. I stood in front of the breakout with my pants down. Utter rubbish. Traded like a newbie here.


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Click to expand...


Got it right this time. +25 points on contra and out.


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Tuna

Tuna

Listen and act, don't ask it, it doesn't oblige
#526
#526
Chalo guys Good Nights !! Happy Drilling !!


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goldenedge

goldenedge

Well-Known Member
#527
#527
There are some nice setups today.

You don't trade OIL in the afternoon -evening session?
 
Tuna

Tuna

Listen and act, don't ask it, it doesn't oblige
#528
#528
Afternoon rare, evening yes
 
Tuna

Tuna

Listen and act, don't ask it, it doesn't oblige
#529
#529
Just 1 trade today 3500 Long for +17 profit


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Tuna

Tuna

Listen and act, don't ask it, it doesn't oblige
#530
#530
And anyone mostly will do well by not going overnight short, we bounced twice from 20 DEMA on daily chart with long wick of rejection, many positional shorts are trapped. Once they start panicking we may test level near recent high. Only grace for the novice gap on daily chart from last high. Filling that wont be easy but again, anything is possible


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