Can the HOUSE CAPITALIZE LONG & target MKL $80.00 Per Barrel?

13 thg 1

CL1!

" A life is not important except in the impact it has on other lives." -Jackie Robinson

As we head into the 2nd trading week of the New Year, I hope everyone has a HIGH SET Goal that they want to achieve. Let's be strategic in our goals and make sure we put forth rightful action that will get us the results we desire. In this sport we play there is no Reward without RISK... So, let's get down to business on what exactly were looking for this week to STRIKE GOLD for the HOUSE to benefit...

'Crude OIL':
Confluence Profile 500K (Expectational Order-Flow + PA) 10pt STOP / 50-60pt Target
Key info: On average Crude Oil runs for 120pts LONG or SHORT during NY session 5am-2pm PST.
Our Playbook: We cut 120 in Half = 60pts as our new GOAL to catch for the DAY (Intra Day)

Pillar 1) HTF EOF "Market Direction" In which direction are we headed? Who has the stronger hand? Currently Buyers have the stronger hand on both the Daily & 4Hr TF's. Since the New Year kicked off Oil has been rallying to the upside breaking Supply and Demand HOLDING with strong conviction. So now we know that HTF/LTF Pro Trend is LONG and HTF/LTF Counter Trend is SHORT.

With Oil Currently trading inside of the HTF Daily Supply Zone I am going to wait for more data to develop in the PA before I start to build the Confluence Profile 500K (Expectational Order-Flow + PA). Once we get our Confluence Profile to flow in symmetry together; HTF Mitigation w LTF Entry Confirmation / Order Flow Footprint + PA we then will enter our positions INTRA DAY....

Keynote: LTF Pro Trend is LONG & LTF Counter Trend is SHORT.... Either way is Profitable!! Done correctly at the right time & price. I will keep update as more date in the PA develops throughout the week.

Remember; "Our Profession is to Manage the downside costs of printing HIGHSIDE returns of $$$ consistently. Done correctly, well Abundance awaits us." -500KTrey
https://www.tradingview.com/x/bwbo4UAx/
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13 thg 1

Ghi chú

4Hr TF Key Levels that I have high interest in. I'll keep update...

13 thg 1

Ghi chú

Daily Supply Has Failed as Buyers overpowered the Sellers and raised the price to $79.00 Per Barrel. No Trade today.... We will get our opportunity to SHINE!! Til then let's be patient!! #500K

14 thg 1

Ghi chú

Not very much movement here yet on Crude. WE have a few Solid rejection @ $79.00 Per Barrel however wasn't met with any follow through from sellers. Buyers still very much so in control.

14 thg 1

Ghi chú

Daily TF strong rejection at $79.00 P.B

15 thg 1

Giao dịch đang hoạt động

Studying the Order-Flow footprint very carefully I noticed buyers weakening just slightly above MKL $79.00 Per Barrel and I entered SHORT @ $79.15 w/ a 10pt STOP $79.25 & My Target is for $78.60 = +5R

15 thg 1

Ghi chú

First 1m Demand Failure in Favor SHORT still Managing....

15 thg 1

Ghi chú

Major Retest @ MKL $79.00 Per Barrel, However Sellers held their defensive stance, and we pushed back lower towards Target Let's continue to Manage!

15 thg 1

Giao dịch được đóng thủ công

Closed @ $78.63 In Favor SHORT!!! +5R Run!!! Great trade for the HOUSE to Capitalize on!