Another Neutral Distribution With Small Range
The London Session and the US open were trading below term structure had us in the hunt for shorts. At the open evident strong buying volume off the 57.30, I thought later that it would be a great breaking point to be in a short from the structure levels of 57.47/49 above.
Had three short for a total of -2 Ticks. Trades were basically exited by the lack of the trade materializing. I decided not to trade the afternoon but as I write this post I’m watching the market run higher off the 57.30 bounce. Tomorrow is another day.
Go to the Trade Performance Log: Click Here
Join The Futures Trading Room. Register Below Or Click Here For More Information!
New Subscribers Will Receive An Invoice Reflecting Their Subscription Choice By Email. Once Payment Is Received Instructions And Membership Information Will Be Sent.
Sign up For The Weekly Crude Oil Market Profile Trading Situations Newsletter