CL Redux

89 is feeling like the real deal, 3 holes in the armor but who knows 11:00 might give it the finishing blow. Hard to imagine though because API was so bearish.
 
Quote from riskaddict:

89 is feeling like the real deal, 3 holes in the armor but who knows 11:00 might give it the finishing blow. Hard to imagine though because API was so bearish.
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Although as market profile theory states... The more often a price is visited the less buying interest there is. If there was real interest it would take off. RIGHT!?! Since there is some freaking stupid ass news report every half hour luck trumps skill sometimes.
 
(flyonthewall)
Crude Inventories 2.62M build vs.consensus 500,000 draw. Gasoline Inventories 4.44M build vs. consensus 2.5M build. Distillates 1.04M build vs. consensus 1M build.
 
Quote from Picaso:

(flyonthewall)
Crude Inventories 2.62M build vs.consensus 500,000 draw. Gasoline Inventories 4.44M build vs. consensus 2.5M build. Distillates 1.04M build vs. consensus 1M build.
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What does 'build' and 'draw' mean, can anyone explain this a bit more?
 
Quote from zxd:

What does 'build' and 'draw' mean, can anyone explain this a bit more?
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Quote from NoDoji:

Picaso, friends don't let friends think and trade!
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Damn, I keep forgetting - sometimes I wish I was still blond :D :p

OK, OK, I get it... Thanks Nod
 
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