ES Journal - 2019/2020

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IB_Dude said:
To be honest, I never really think of B1's bottom.

Jokes apart, I don't see how Jun contract evades the same fate as May contract given the same storage issues still persists
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something always comes up with cude oil . The last two major highs were


Date: 3 January 2020 Baghdad International Airport airstrike -& the Iran missile strike retaliation
Soleimani's killing sharply escalated tensions between the U.S. and Iran and stoked fears of a military conflict. Iranian leaders vowed revenge, while U.S. officials said they would preemptively attack any Iran-backed ...

Casualties: 10 killed, including Qasem Soleimani and Abu Mahdi al-Muhandis

14th Spetember 2019 Abqaiq–Khurais attack
On 14 September 2019, drones were used to attack the state-owned Saudi Aramco oil processing facilities at Abqaiq (Biqayq in Arabic) and Khurais in eastern Saudi Arabia. ... The attack caused large fires at the processing facility which, according to the Saudi Arabian interior ministry, were put out several hours later.
 
Hafez will beat into your head one of his 10 golden trading rules unless your just scalping for a 5 min to 1 hr type trade . DON'T SHORT A DULL MKT ,DON'T SHORT A DULL MKT AND DON'T SHORT A DULL MKT. Trading is about probabilities . 80-90% of the time shorting a dull mkt leads to PAIN
 
Hope you've all had a good day.
I was short from 2819.5 area on Fri. Had a chance to take a profit on Sunday night, but was sure we were headed lower and ended up taking a sizeable loss (27 points).
However, i've actually managed to turn it around and am actually green on the day after some nice trading today. The action just suited my method today, I think

Green!!

upload_2020-4-27_19-56-40.png
 
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