out at 49.23. choppy market, gonna take profits where ever.
5% - 10% profit per day trading
- Thread starter spanish89
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out at 49.23. choppy market, gonna take profits where ever.
went long, heavy (2 cars) at 49.27.
out again, +8c. market is way too choppy and stalling too much. will watch for now.
To me it seems the average hold time on this thread is very short and the title implies the same. Do these news stories really pertain to the thread under that circumstance?
for me, yeah, because news like that will affect the trend, so even short-term, you want to trade with the trend.
MM got short squeeze ..
I am holding my short 49.70 till tomorrow EIA report , asian market we see easy 40 cents drop from 50.0 level
I am holding my short 49.70 till tomorrow EIA report , asian market we see easy 40 cents drop from 50.0 level
holding a short into after-hours. we always seem to pull back on these high-closes. in at 50.03, stop 50.20.
[Dow Jones]--US crude oil stocks rose 4.584 mln bbls - more than expected - while refiners
unexpectedly trimmed operations by 0.6 percentage point in the week ended Apr 24, API said.
- Gasoline stocks fell 2.56 mln bbls, well beyond expectations, and
- distillate fuel rose 1.581
mln bbls, more than twice the expected level. Analysts surveyed by Dow Jones Newswires expected.
crude stocks to rise by 2.1 mln bbls, with estimates ranging from a rise of 1 mln to 3.5 mln
bbls. Gasoline stocks were expected to drop by 300,000 bbls, with forecasts ranging from a
decline of 1.7 mln bbls to a rise of 800,000 bbls. Distillate stocks (diesel/heating oil) were
expected to rise by 700,000 bbls, with forecasts ranging from a fall of 750,000 bbls to a rise
of 2.3 mln bbls. Refinery runs were expected to rise 0.1 percentage point. EIA's weekly data
unexpectedly trimmed operations by 0.6 percentage point in the week ended Apr 24, API said.
- Gasoline stocks fell 2.56 mln bbls, well beyond expectations, and
- distillate fuel rose 1.581
mln bbls, more than twice the expected level. Analysts surveyed by Dow Jones Newswires expected.
crude stocks to rise by 2.1 mln bbls, with estimates ranging from a rise of 1 mln to 3.5 mln
bbls. Gasoline stocks were expected to drop by 300,000 bbls, with forecasts ranging from a
decline of 1.7 mln bbls to a rise of 800,000 bbls. Distillate stocks (diesel/heating oil) were
expected to rise by 700,000 bbls, with forecasts ranging from a fall of 750,000 bbls to a rise
of 2.3 mln bbls. Refinery runs were expected to rise 0.1 percentage point. EIA's weekly data
Analyst estimate vs. API released numbers
Crude Gasoline Distillates Refining
Average Estimate +2.3 -0.3 +0.2 unch
API numbers : +4.5 -2.5 +1.6 +0.1
Crude Gasoline Distillates Refining
Average Estimate +2.3 -0.3 +0.2 unch
API numbers : +4.5 -2.5 +1.6 +0.1
holding on until tomorrow morning, stop set to profits.
it feels like whenever a bearish report is anticipated, the MMs pull the market up at the close on tuesdays. it's almost arbitrage if you wait for it and then short.
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