Lo and behold! I was wondering why WTI charts give early signals than our chart. Found out the reason. WTI starts it's day @4:30AM and our market opens @ 9:00AM. That's an offset of 30mins. As we are trading hourly ranges WTI is ahead of 30mins than our market.
Market is moving fast now this is where we should enter to make our bread and butter. I entered long @ 3625 as of now only 20 points. hope the target is on longside.
lets have some fun with crude...!
Using old school 20 Simple MA and price action on a 15-min chart....
23-Jan-19 Wed Trade # 1: Short @ 3802. SL @ 3842 otherwise exit by trailing stops only.
lets have some fun with crude...!
Using old school 20 Simple MA and price action on a 15-min chart....
23-Jan-19 Wed Trade # 1: Short @ 3802. SL @ 3842 otherwise exit by trailing stops only.