CL short 1 contract +265 USD


The IB was showing quite up n down indecision, not beeing one sided, I decided to take the trade

I am over with the trades today but this one could have been another opportunity

My daily recap:


Cumulative profit at quick summary

The Italian Job

month +13733USD

other CL opportunities

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Mike

First trade of the day 6E short 4 contracts, target close to vwap +400 USD

CL long 5 contracts, target below Vwap +800 USD

with regards to my last trade, it took 1050 Delta Values to bring down price from A to B, and just a few to bring up from B to C with almost the same ticks. This a sign that in this leg shorts were not interested and longs could take control of the PA.

redratsal 

with regards to my last trade, it took 1050 Delta Values to bring down price from A to B, and just a few to bring up from B to C with almost the same ticks. This a sign that in this leg shorts were not interested and longs could take control of the PA.

Also, on the 12R chart the market perfectly reversed on the TL

6E IB is clearly on the down side, no trades for pullbacks unless market pickup at midpoint, rather interesting short setup on the break of the IB's low with target on the Lower 1 band