Night Owl™ Crude Oil Profit Attainment - 9/4 Session

Night Owl™

Moderator
Aeromir Expert
For the benefit of new Night Owl™ subscribers, and for those others who chose to remain in the Night Owl™ short Oct CL trade following faded Target B election at 3:01, the following explains how Dynamic Targeting works by using the Thursday evening recommended Crude Oil post. Please note that by Night Owl™ rule, Delivery Price always occurs at faded Target C:

NOTE: Access to the Aeromir site has not been possible since we first attempted to update the 9/4 Night Owl™ Oct CL recommendation at 2:50 a.m. ET. Only now are we able to post at Aeromir.

Unless you are a Night Owl™ trader who uses trailing stops, you now should be flat Oct CL. Note that Night Owl™ is flat Oct CL.


DELIVERY PROFIT TARGET ATTAINMENT AND PRICE ARRAY DEACTIVATION:

With the attainment of faded Delivery Profit Target C at 41.100 following the elected Night Owl™ faded short Oct QM Price Array line at 41.800, the short CL/QM Price Array posted by me for this 9/4/2020 session no longer is active. Night Owl™ will take no more limit entries from that array during this session.

Faded @ Line election – 41.275 at 18:01 -> targeted exit price at 40.550 faded Target C;

Adjustment to targeted exit price from 40.55 (faded Target C) to 40.875 (faded Target B) at 2:50;

Faded profit target attainment – 40.875 at 3:01.

Faded Delivery Target C attainment, for those who did not receive or follow the 2:50 advice to adjust from Target C to Target B:

Secondary line election – 41.375 at 3:33 -> targeted exit price at 40.650 faded Target C;

Secondary line election – 41.500 at 3:43 -> targeted exit price at 40.775 faded Target C;

Secondary line election – 41.625 at 3:56 -> targeted exit price at 40.875 faded Target C;

Secondary line election – 41.700 at 4:17 -> targeted exit price at 40.975 faded Target C;

Secondary line election – 41.800 at 5:59 -> targeted exit price at 41.100 faded Target C;

Profit target attainment – 41.100 at 9:02.

Night Owl™ traders should cancel any working array line limit orders in Oct CL or Oct 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™ Crude Oil Advisory Service at the following link:

https://aeromir.com/nightowl
 
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