CL Redux

and here is mine:

<a href="http://content.screencast.com/users/enochbenjamin/folders/Jing/media/04e6323e-b417-4e0d-aab7-ee55ffd95ad2/00000041.png"><img class="embeddedObject" src="http://content.screencast.com/users/enochbenjamin/folders/Jing/media/04e6323e-b417-4e0d-aab7-ee55ffd95ad2/00000041.png" width="474" height="34" border="0" /></a>

but please dont ask about my other trades for the day.

:-)

Quote from LUCKYSTRlKER:

Here is my short trade:
12222009203048.png
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Quote from enochbenjamin:

and here is mine:

<a href="http://content.screencast.com/users/enochbenjamin/folders/Jing/media/04e6323e-b417-4e0d-aab7-ee55ffd95ad2/00000041.png"><img class="embeddedObject" src="http://content.screencast.com/users/enochbenjamin/folders/Jing/media/04e6323e-b417-4e0d-aab7-ee55ffd95ad2/00000041.png" width="474" height="34" border="0" /></a>

but please dont ask about my other trades for the day.

:-)
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Ok, I had just this one. So
 
Quote from increasenow:

are you sure about that?...it says here that it is tomorrow, Wednesday...please click and clarify

http://www.forexfactory.com/calendar.php
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ok, I'll clarify.

Oil inventory number is compiled on Monday, if you pay big money, you get the number on Monday afternoon. The insiders start to manipulate the market for the purpose of accumulation or distribution. To accumulate, the insiders will suppress the market and create some fake sell offs. After those fake selloffs, the insiders will accumulate heavily but secretly. To distribute, the insiders will create some fake rallies, helped by some fake news (e.g., some Iranians soldiers surrounded an oil field in Iraq, there is the likelihood of a Third World War in the Mid-east; or Iranians will fire missles into Israel, disrupting the Mid-east oil production. Well, you get these kinds of stories frequently in the media). After those fake rallies, the insiders will dump shares or go short. These kinds of activities are called insider trading, SEC may not like it.

On Tuesday, the number is whispered to Wall Street, if you trade oil for a living, you must get within the range of this whispering voice. You will see large movements, as some heavy hitters are taking actions on the whispering number. They don't want to be left out cold on Wednesday, which is the official release time.

On Wednesday, the number is released to the public. There will be some knee jerk reactions. The end of the reactions is usually the top or the bottom. If you retailers get in at this time, dreaming of making a killing, you will get a rude awakening when the market reverses on you and hurts you bad. Who is hurting you? Answer: the ones who get the information on Monday and Tuesday.

I hope that helps with the clarification.
 
Quote from BPtrader:

ok, I'll clarify.

Oil inventory number is compiled on Monday, if you pay big money, you get the number on Monday afternoon. The insiders start to manipulate the market for the purpose of accumulation or distribution. To accumulate, the insiders will suppress the market and create some fake sell offs. After those fake selloffs, the insiders will accumulate heavily but secretly. To distribute, the insiders will create some fake rallies, helped by some fake news (e.g., some Iranians soldiers surrounded an oil field in Iraq, there is the likelihood of a Third World War in the Mid-east; or Iranians will fire missles into Israel, disrupting the Mid-east oil production. Well, you get these kinds of stories frequently in the media). After those fake rallies, the insiders will dump shares or go short. These kinds of activities are called insider trading, SEC may not like it.

On Tuesday, the number is whispered to Wall Street, if you trade oil for a living, you must get within the range of this whispering voice. You will see large movements, as some heavy hitters are taking actions on the whispering number. They don't want to be left out cold on Wednesday, which is the official release time.

On Wednesday, the number is released to the public. There will be some knee jerk reactions. The end of the reactions is usually the top or the bottom. If you retailers get in at this time, dreaming of making a killing, you will get a rude awakening when the market reverses on you and hurts you bad. Who is hurting you? Answer: the ones who get the information on Monday and Tuesday.

I hope that helps with the clarification.
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You're kidding right? Are you saying CL,6e,andGC bottomed at the same time the DX topped because of a high priced rumor?This retailer is laughing all the way to the bank....
 
Quote from Rowdy Duty:

You're kidding right? Are you saying CL,6e,andGC bottomed at the same time the DX topped because of a high priced rumor?This retailer is laughing all the way to the bank....
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You're kidding right? CL bottomed on the 14th the 6E yesterday on the 22nd did you mean same time as in month? I don't think it's a monthly rumor.
 
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