November 1, 2012
- in Uncategorized by schooloftrade
Day Trading Crude Oil Inventories +50ticks
This morning in our live trade room we had a lot of economic news to work with, and most of the morning was spent almost paralyzed from all the action in the news that the market personality was somewhat challenging to find easy high-percentage-trades between each event.
This morning we developed a simple day trading strategy for trading Crude Oil inventories, which meant that we need to be prepared for the 11:00am EST news report. After the Crude Oil Inventories were released we listened closely on our live news feed and heard that Inventories had come out lower than estimated, while the demand was higher than the previous week’s report.
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Read the Complete Trade Room Recap HERE
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Read the Complete Trade Room Recap HERE
