Night Owl™ Crude Oil Profit Attainment - 7/30 Session

Night Owl

Moderator
Staff member
PROFIT TARGET ATTAINMENT AND PRICE ARRAY DEACTIVATION:

With the attainment of faded Profit Target B at 41.000t following the elected Night Owl™ short Sep QM price array line at 41.375, the short CL/QM price array posted by me for this 7/30/2020 session no longer is active. Night Owl™ will take no more limit entries from that array during this session.

Unfaded @ line election – 41.325 or better at 18:15 -> targeted exit price at 40.550 faded Target C;

Faded secondary line election – 41.375 at 19.01 -> targeted exit price at 41.000t faded Target B (changed from faded Target C at 40.650);

Faded profit target attainment – 41.000t or better at 2:52.

Also consider taking an entry at the stop-loss line or the line in front of the stop-loss line. Doing so will improve your average entry price and increase your reward-to-risk ratio.

Night Owl™ traders should cancel any working array line limit orders in Sep CL or Sep 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://1drv.ms/x/s!Al-ChZGwJcUmkOtd3CnO_LLDRzmCig?e=m75NII
 
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