ParCorn

levels for 2018/05/03

ParCorn Updated   
TVC:USOIL   CFDs on WTI Crude Oil
thanks uberbotman

i.imgur.com/pgRAREz.png

ES - opened below VAL, look to sell rallies, ideally from VAL and POC

GC - opened above VAH, look to buy dips, ideally from VAH and POC

CL - opened inside value area, expect rangey action
Comment:
tried and failed a /CL short at VAH - ended up covering for small loss

ES short is tempting but may be wise to wait until after lunch

Comment:
/GC unconfirmed buy signal off VAH ... I'll probably take a shot at it

Comment:
short opp in ES tread carefully

Comment:
gold long ended up being my best trade of day, stopped out now

missed opportunities with oil ... need to work on adjusting my bias intraday and taking advantage of breakouts from range

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.