DELIVERY PROFIT TARGET ATTAINMENT AND PRICE ARRAY DEACTIVATION:
With the attainment of faded Delivery Profit Target C at 1.17930 following the elected Night Owl™ short Sep 6E price array line at 1.18340, the short 6E price array posted by me for this 8/14/2020 session no longer is active. Night Owl™ will take no more limit entries from that array during this session.
Faded @ line election – 1.18230 at 18:00 Opening Price -> targeted exit price at 1.17820 faded Target C;
Faded secondary line election – 1.18290 at 2:07 -> targeted exit price at 1.17880 faded Target C;
Faded secondary line election – 1.18340 at 2:17 -> targeted exit price at 1.17930 faded Target C;
Faded profit target attainment – 1.17930 at 5:26.
As I have encouraged previously, you also might consider adding to your position at the ~ line as part of your nightly trading routine and then trail a stop on those extra contracts. If you’ve considered doing this, I suggest adding about 1/3 of whatever your normal entry lottage is.
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 6E, E7, and M6E 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
Enroll in Night Owl™ Euro Currency Advisory Service at the following link:
https://aeromir.com/nightowl
With the attainment of faded Delivery Profit Target C at 1.17930 following the elected Night Owl™ short Sep 6E price array line at 1.18340, the short 6E price array posted by me for this 8/14/2020 session no longer is active. Night Owl™ will take no more limit entries from that array during this session.
Faded @ line election – 1.18230 at 18:00 Opening Price -> targeted exit price at 1.17820 faded Target C;
Faded secondary line election – 1.18290 at 2:07 -> targeted exit price at 1.17880 faded Target C;
Faded secondary line election – 1.18340 at 2:17 -> targeted exit price at 1.17930 faded Target C;
Faded profit target attainment – 1.17930 at 5:26.
As I have encouraged previously, you also might consider adding to your position at the ~ line as part of your nightly trading routine and then trail a stop on those extra contracts. If you’ve considered doing this, I suggest adding about 1/3 of whatever your normal entry lottage is.
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 6E, E7, and M6E 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
Enroll in Night Owl™ Euro Currency Advisory Service at the following link:
https://aeromir.com/nightowl
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