AlexStox

SHORT FP (TOTAL) intraday

Short
EURONEXT:TTE   TOTALENERGIES
SHORT FP (TOTAL) intraday
+ uncertainties in oil market: meeting in Doha is overvalued, drop in crude inventories can ne as crossseasond
+ further CPI goes down in China as leader importer of crude
+ FP (TOTAL) closed gap
+ additional big volumes in some 5M bars didn't lead to grow of stock.

Short enter = 40 , Profir 38.90m Stop = 40 ,3
Order cancelled: I moved my stop higher to 40.5
Who did the same and left some stocks in short overnight - tomorrow can be 2 things:
1) if earnings of Alcoa is OK - FP will open with big gap up, but I will not cover short position at the beginning of the session. We should look not only on earnings but on Crude oil too - it rises but in resistance range. It risky that's why only part of this short should be left overnight.
2) if earnings is bad - we can close partly with gap down at the session start and increase position size later.
Trade active: Let's Get Ready To Rumble =)))
Trade closed: stop reached: Oh my God! It is hard to trade real and here. Hope you exit the trade in early move after close the gap down.
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