On 45 minutes OR of 105.60-106.12, we had an A up. It turned out to be a weak one as price pulled back to OR low area. Now, if price stays below 105..48 area for 20 minutes we will have a C down. After A up, i took long around 106.12, expecting CL to take out 106.50 but it failed and i got stopped out with 20 ticks loss. Now looking for longs at lows on premise , we will have a failed C down. Below 105.40 area, CL can sell down to 104.50 . We never know till VOLUME shows up. Traders using smaller time OR like 5 minutes etc.. will have different set up.
actually....... 3 sisters was in the euro session. trip bottoms. dt short was in the dark zone. db new long in new york. new " long and wrong pendings " filled at the top of ny for the last short. pure price action , no volume in the boxes, MM mentality. find the retail paper and blow it out........ s
Long off 105.70, out some 105.98. failed c down set up. +28 At least one set up worked for some thing . It's been a difficult day overall. But the good thing is as Mark Fisher says if the trade works, you are a GENIUS, if a trade fails, blame it on the system (lol).
last long grease ball trade of the day. new short pendings blown, db long entry. ny session. 100 ticks , shop full pull cahuna..... cheers, s