To further illustrate the Night Owl™ concept of Dynamic Targeting, as I discussed extensively in the September 9 Round Table discussion at Aeromir, the following explains how Dynamic Targeting works by using the Wednesday evening recommended Crude Oil post. Please note that by Night Owl™ rule, Delivery Price always occurs at faded Target C:
DELIVERY PROFIT TARGET ATTAINMENT AND PRICE ARRAY DEACTIVATION:
With the attainment of faded Delivery Profit Target C at 39.87 following the elected Night Owl™ unfaded long Nov QM Price Array @ line at 39.25, the long CL/QM Price Array posted by me for this 9/24/2020 session no longer is active. Night Owl™ will take no more limit entries from that array during this session.
Unfaded @ Line election – 39.25 at 19:46 -> targeted exit price at 39.87 faded Target C, as advised in the Notes;
Profit target attainment – 39.87 at 5:39.
Night Owl™ traders should cancel any working array line limit orders in Nov CL or Nov QM and remain flat until my next posting, unless you're trailing your open position with a trailing stop order.
With kind regards,
For Markusha Oil & Trading Company, LLC
Mark Ansel
Developer of the Night Owl™ Trading Model
P.S. View day-by-day Night Owl™ accuracy at the following link:
https://aeromir.com/nostats
Enroll in Night Owl™ Advisory Service at the following link:
https://aeromir.com/nightowl
DELIVERY PROFIT TARGET ATTAINMENT AND PRICE ARRAY DEACTIVATION:
With the attainment of faded Delivery Profit Target C at 39.87 following the elected Night Owl™ unfaded long Nov QM Price Array @ line at 39.25, the long CL/QM Price Array posted by me for this 9/24/2020 session no longer is active. Night Owl™ will take no more limit entries from that array during this session.
Unfaded @ Line election – 39.25 at 19:46 -> targeted exit price at 39.87 faded Target C, as advised in the Notes;
Profit target attainment – 39.87 at 5:39.
Night Owl™ traders should cancel any working array line limit orders in Nov CL or Nov QM and remain flat until my next posting, unless you're trailing your open position with a trailing stop order.
With kind regards,
For Markusha Oil & Trading Company, LLC
Mark Ansel
Developer of the Night Owl™ Trading Model
P.S. View day-by-day Night Owl™ accuracy at the following link:
https://aeromir.com/nostats
Enroll in Night Owl™ Advisory Service at the following link:
https://aeromir.com/nightowl