CL trading day August 31 2017

posted in: Market Recap 0

Short term traders caught. Today Crude opened near the low of the 3 day balance. Overnight inventory was long but overnight traders never suffered as the market opened near the high of the overnight session and went up right from … Read More

CL Trading day August 30 2017

posted in: Market Recap 0

Oil inventory release day. . . This is usually a day I sit on my hands because of the volatility brought by this number. The market seems to have no direction most of the time before the number with low … Read More

CL trading day August 29 2017

posted in: Market Recap 0

At the open this morning the inventory conditions were short term traders slightly short as most of the short at yesterday’s low covered during the last 3 periods of the day and Overnight inventory was long. Obviously Overnight traders were … Read More

CL trading day August 28 2017

posted in: Market Recap 0

What a day in crude ! Last Friday we ended the day in balance. Short term inventory slightly long. Overnight inventory was short. The two levels to watch was Friday’s High and Low as this was the extreme of Friday’s … Read More

CL trading day August 21 2017

posted in: Market Recap 0

Again today the most important factor to consider was the short term inventories. If in real estate the key to success is location… location… ┬álocation… the key to success in day trading is inventory… inventory… inventory…   Today overnight inventory … Read More

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