Today Recap 15/03/2016

Hi everyone,
Despite the crude is in a bullish trend in the long term, the true is the short structure is bearish as you can see in the picture. And the scenario talk us that we have a first impulse that is completed and the theory talk us that we should as for another. And the conclusion for the second impulse would be around 35,38. Then the plan is quite clear and I should looked for short opportunities.



First Operation:
After we place the order it was fild in minutes, and as you can see the first target took place in 20 minutes or less. One the price reached the first target I move the Stoploss to Breaken, and the price pullback and then the price reach the stop.




Second Operation:
As you can see the price is now moving in a down trend and the pullback is a rotation to the high part of the channel, but the price can move over the EMA and we see 3 dojis that's means that the market is waiting. The buyers are below the doji's base and below this level we can have another move down.
The price fill the operation quickly and then we are in the market again, the first target was reached in few minutes and as usual I move the fourth positión to Breakeven, the price pullback and and I stay out of the market again.





Third operation:
I planned a operation in the low of the days, as usual the price fill it up, but we don't get the first target by 2 ticks, and the I decide to move the positión to breakeven. Why?
1) The price are in round number 36,00.
2) If we look left we can see a support around 36,00.
3) The price is on the base of the bearish channel.
4) The market was oversold.

The price move me out of the market, and this positión close in breakeven.




Finally this was a good day after a holidays. I have a cold, a very good one. Tomorrow I try to trade as normal day, but if I am not in good condition I gonne back on Thurdsay.Tomorrow more and Better.



Good Bye and Good Trading.



















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