How to Trade Crude Oil

Crude Oil Inventories 4th of August

Crude Oil Inventories 4th of August The forecast for this weeks crude oil inventories was -3.2M and the actual outcome was +3.6M exactly the opposite indicating a lower crude price.  We always wait for support or resistance and price was indeed able to break the established support level but we where not able to continue…

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Monthly Trading Recap – July 2021

Monthly Trading Recap – July 2021 The month of July was surprisingly a good trading month with the trading volume and liquidity going down as expected during the summer. This was pronounced in the last 10 trading days of the month. What can we do about this? Nothing, we only can adjust our trading strategy…

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Monthly Trading Recap – June 2021

Monthly Trading Recap – June 2021 The month of June was not an easy trading month. The first two weeks were dificult and the market only picked up after the rollover. The upward momentum in oil continues and crude oil was able to penetrate the $70 mark. Oil’s optimistic demand outlook overshadows falling demand in…

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Monthly Trading Recap – May 2021

Monthly Trading Recap – May 2021 The month of may continued strong but with less price action, giving us less oportunities.  This was due to higher demand optimism,  OPEC production cuts, and diminishing stockpiles. Vaccine optimism in the US and better news from Europe on vaccines and potential recovering air travel led to demand optimism…

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Monthly Trading Recap – April 2021

Monthly Trading Recap – April 2021 The month of April was a defficult trading month, all price action was established durring the London trading session with the result of a sideways market durring the US trading session. We have seen trading ranges as little as 20 ticks for the US session. This gave us a…

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Monthly Trading Recap – March 2021

Monthly Trading Recap – mARCH 2021 Price action continued strong for the first 2 trading weeks of March but got stuck in a sideways market durring the US trading session. Price action was only there in the London trading session and got into sideways market durring the US session, with the result of giving back…

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