CRUDE OIL INVENTORIES 29 JANUARY 2020

CRUDE OIL INVENTORIES The forecast for this weeks crude oil inventories was 0.7M and the actual outcome was 3.5M giving us a minor difference with the forecast. From the numbers you would expect preice to go down and that was indeed the initial direction of the market. Following our trading plan as usual kept us…

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Trading Order Types

Trading Order Types

Trading Order Types An order is an investor’s instructions to a broker or brokerage firm to purchase or sell a security on the investor’s behalf. Orders are typically placed online through a trading platform. Orders fall into different available types which allow investors to place restrictions on their orders affecting the price and time at which the…

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crude oil inventories

CRUDE OIL INVENTORIES

CRUDE OIL INVENTORIES The forecast for this weeks crude oil inventories was -0.1M and the actual outcome was -0.4M coming out pretty close in line with the forecast. Big movement during the London session with price hitting the Average Daily Low before the news event. Movement was to the up side after the event with…

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I Quit Day Trading

I Quit Day Trading

I Quit Day Trading Few days ago I received an email from a trader who has spent a lot of time trying to be profitable day trading. He asked me if there Is any criteria to determine when to quit day trading? … Is there any criteria when to decide if you just don’t have…

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What Are Futures

Futures Trading

What Are Futures? Futures are derivative financial contracts that obligate the parties to transact an asset at a predetermined future date and price. Here, the buyer must purchase or the seller must sell the underlying asset at the set price, regardless of the current market price at the expiration date. Underlying assets include physical commodities…

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Trading When Markets Are Flat

Trading When Markets Are Flat

Trading When Markets Are Flat Over the past years we all have learn that Friday´s trading session is normally trading in an extremely tight range, conditions that could be problematic for many traders who prefer to open positions when the market gives a clear signal as to whether it’s headed in an upward or downward…

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crude oil inventories

CRUDE OIL INVENTORIES

CRUDE OIL INVENTORIES The forecast for this weeks crude oil inventories was 0.4M but the actual outcome was -2.5M coming out with a big difference. There was no movement during the London session so price action was in a tight trading range of 50 ticks, just the normal picture before a news event. We got…

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