"Excellence is not a singular act but a habit. You are what you do repeatedly." -Shaquille O'Neal
Last week Sellers were successful in pushing the price per barrel of OIL underneath Major Key Level ($80.00)... Now the reason I believe we are preparing for OIL to go LONG is due to price nearing a Major Unmitigated Daily Demand Zone and approaching a HTF eR/LQ Trendline.... I want to see price mitigate this Daily Demand zone then i'll drop down to the LTF for a confirmation entry model to scale LONG....
Discounted Demand Pricing I want to see mitigated before we enter LONG on a LTF entry model ($77.75 to $77.00)... I will keep update as price develops!!
Remember when it comes to FRM (Financial Risk Management) our job is to manage the downside costs of printing High side returns of $$$ consistently... Let's Step!!
Still no major move on OIL... Waiting patiently... -Management500K
Note
OIL is setting up Beautiful... Lets stay focused #500K
Note
We got the HTF Daily Demand Zone mitigation and touch of the eR/LQ Trendline... Patience Pays I believe in the system... #500K
Note
PA is setting up real nice on the 1Hr TF... Stay on POINT!!
Note
We have a 15m Confirmation entry now as price broke and closed above the 15m CHoCh level... This is the 5m TF and my limit is now set... #500K
Note
Our Tag Entry price was $78.05 price came to $78.06 and took off to the upside... It be like that sometimes!!
Note
Sellers came in and MITIGATED the original Daily Demand Zone EQ that I predicted now lets wait for a LTF confirmation entry to go LONG >>>
Note
LONG Limit Set as we have a 15m CHoCh/ LQ/ weep.... on the 15m TF
Note
Price Slightly being rejected on the HTF Daily TF...
Note
no tag price ran w/ out me...
Order cancelled
on to the next set-up
Note
Headed towards $80.00 Per. Barrel
Trade active
I took a LONG position at $79.00 Per. Barrel & Targeting $80.00 Per. Barrel roughly for about 2.6RR... Now lets Manage!! #BHM500K
Trade active
Price came to mitigate this 1Hr Demand zone & 79.00 Per. Barrel and this is where I entered... Lets see if we can get Demand to HOLD and Push OIL HIGHER... Hit our target $80.30 Per.. Barrel... #BHM500K
Note
Patience patience patience, as price is struggling to break past 79.60...Sellers are doing their best to defend their positions SHORT<<<< We will prevail and break through.... PATIENCE!!
Trade active
We are still holding and Managing this LONG position... We have to be patient as sellers are trying their best to defend our intended TARTGET @ $80.30 Per. Barrel... Lets remain focused and Patient!! We will break to the upside as we have created iR/LQ to the upside that needs to be swept.... -Management500K
Trade active
Price swept that Liquidity and now we're pushing towards out target!!! #500K
Trade active
$79.61!!!!!!!
Trade active
Held over the close....
Trade active
We have officially Managed this position to a gr8 RR multiple now our stop is moved above breakeven and we Managed to partial out & secure 2 contracts... Leaving 1 to run and hit our initial target!! #BHM500K
Note
Now lets push to $80.30 Per. Barrel
Trade active
Just F******* Beautiful... & We gone get better N better... #BHM500K #NewERA #CHAMPIONS
Trade active
LETSSSSS GEEEETTTTTT TOOOO $80.00 PER BARREL!!!!!
Note
If we can get the Sweep of London HIGH We'll TP!!
Trade active
We're Riii THERE!!!
Trade closed: stop reached
Trailed TOO CLOSE and STOPS were HIT!!! ALL GOOD.... Gr8 week of Management!! This is what we work hard for to end the week profitable... I am gr8tful for this ability to have this skill fr!! Lets enjoy the weekend and get rii back to work on Sunday to prepare for the week to come.... +3R % Portfolio gain this week!! #BHM500K
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.