Crude Oil - tomerok

Managed to claw a small profit in the end.
Quite tough. Wasn't expecting such as big of a drop from the highs

 

Thanks G.

 

Thanks for sharing pinkman.
nice approach...

Tomer.

 

thanks. Still a learner over here. Some days the CL eats me for breakfast!

Took that short there for 20 ticks, so actually an OK day now.

 

Hey tom good to see you, quite a coincidence, I was considering starting a journal of my own, good trading

 

Hi boru,
looking forward to read it

Tomer.

 

The entire clan is coming together. Welcome Boru!

Gringo

 

Price did not FT up to complete a "clean" trend reversal
Buyers showed interest at MP of the TR

And from that time till now demand had the upper hand.

 

game plan:
Wait to see how this MP resolves itself
PA around this area will be my trigger for action
Demand = longs
Supply = shorts
Indecision = let them sort things out before I join the party

 

Hey! Welcome, nice to know you are back.