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1)And where does this crude oil comes from? Is this crude oil drilled up in USA and immediately transported via pipelines or is imported via oil tankers from all over the world ? Guess what shipping channel and port most of these tankers use 2)If you own a refinery what would you do in case...

That is even more bullish. Not the place to start discussing fundamentals but when deliveries are not taking place, demand pressure starts increasing and so does the average price a consumer is willing to pay. What would refineries do in case of less crude coming in and less gasoline demand...

Question: Why do you guys assume EIA report will be a bearish inventory report? Maybe you guys are assuming the seasonal pattern whereby this part of the year witnesses a build in inventories, however, do you guys know the Houston shipping channel was closed last week and snow storms have...

And I stand by my earlier statement We are going into 76

Exited all at 75.30 avg for 95 ticks profit per lot

Isnt it interesting how everyone sees market differently? I see 76 today. Lets see

Added more 74.20

Added longs 74.45 No SL at the moment

Theres no question of raising interest rates not before next positive advance GDP figures and job growth in the green. And do understand the raising of interest rates does not automatically translates into lowering of commodities and indexes especially when confidence is improving and alot...

Thanks Just curious, guys here who also trade ES, what is your average profit target(in points) and time in trade(from entry till exit)?

exited at 7400 avg for 105 ticks profit per lot

SL moved to breakeven at 7295

Added longs 7295 SL 7240

was a clear uptrend! Its a dream day.

exited at 73.61 for 21 ticks profit EDIT: Should have waited with a trailing stop in profit why hurry

Stop to 73.44

heavy longs 73.40 SL 72.90

7460 max

exited all open positions from 73.45 at 73.70 Counting other longs from 71.60 this equates to almost 80 ticks profit per lot and one of my highest volumes ever

80 in 2 weeks