PROFIT TARGET ATTAINMENT AND PRICE ARRAY DEACTIVATION:
With the attainment of faded Profit Target B at 1.09520 following the elected Night Owl™ faded long Jun 6E price array line at 1.09280, the long 6E price array posted by me for this 5/20/2020 session no longer is active. Night Owl™ will take no more limit entries from that array during this session.
Faded @ line election – 1.09280 at 18:01 -> targeted exit price at 1.09520 faded Target B;
Faded profit target attainment – 1.09520 at 23:39.
As I have encouraged many times, 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.
Night Owl™ traders should cancel any working array line limit orders in Jun 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
With the attainment of faded Profit Target B at 1.09520 following the elected Night Owl™ faded long Jun 6E price array line at 1.09280, the long 6E price array posted by me for this 5/20/2020 session no longer is active. Night Owl™ will take no more limit entries from that array during this session.
Faded @ line election – 1.09280 at 18:01 -> targeted exit price at 1.09520 faded Target B;
Faded profit target attainment – 1.09520 at 23:39.
As I have encouraged many times, 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.
Night Owl™ traders should cancel any working array line limit orders in Jun 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