crude oil inventories

CRUDE OIL INVENTORIES

CRUDE OIL INVENTORIES The forecast for this weeks crude oil inventories was -1.1M and the actual outcome was +2.8M for this week giving us a major difference between the previous outcome. After the release we could see some movement in price action. Price established a support area at 59.82 that was acting as a double…

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crude oil inventories

Crude Oil Inventories

CRUDE OIL INVENTORIES The forecast for this weeks crude oil inventories was 0.5M and the actual outcome was -9.6M for this week giving us a major difference between the previous outcome. After the release we could see a big spike in price action with strong momentum, price was immediately trading above support and it was…

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Short, Long Or Flat In Day Trading

Short, Long Or Flat In DayTrading?

Short, Long Or Flat In DayTrading? If you are familiar with daytrading, you will have heard or used the terms “bull and bear” market.  The image of the bear fighting the bull refers to the directional movement of stocks or commodity prices up or down. The bull lifts up the bear with it’s horns. The…

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THE LIES IN DAY TRADING

The Lies In Day Trading

The Lies In Day Trading The Day Trading Industry is one of the most unique industries that I have ever seen.  Over my roughly 10 year career I have experienced both sides of it, being taken advantage of & scammed in the beginning followed by being an insider developing strategies for day trading. It is always…

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crude oil inventories

CRUDE OIL INVENTORIES

CRUDE OIL INVENTORIES The forecast for this weeks crude oil inventories was 1.2M and the actual outcome was 7.1M for this week giving us a major diferance between the previous outcome. After the release it was not clear what the direction was, we had to wait for  of the numbers we saw some good volatility…

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How Successful Day Traders Think

How Successful Day Traders Think Have you ever wondered what separates the successful day traders from those who struggle to produce consistent profits? Most day traders give their sole focus to the trading strategy they use. Could it though, be something else that really makes the difference? The truth is you can teach two day traders…

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