CL Trading day November 13 2017 PM

13.11.17 11:55 PM By bernard - Comment(s)
Market context :
  1. Month and week up trend
  2. 5-Day balance ( 55.66 - 57.92 )
  3. 3 Poor Lows ( 30/10, 2/11, 6/11 )
  4. 2 Poor Highs ( 9/11, 10/11 )
Inventories :
  1. Overnight : Short ( Pivot 56.81 )
  2. Friday's short term : Short ( Pivot 56.83 )
Opening characteristics :
  1. Opened inside Friday's range
  2. Early no conviction
  ...

CL Trading day November 9 2017 PM

09.11.17 11:00 PM By bernard - Comment(s)
Market context :
  1. Week and Month up trend.
  2. 3-Day Balance ( 55.66 - 57.92 ).
  3. Yesterday's prominent POC ( 10 TPOs )
  4. Yesterday last distribution high/low considered as a day profile ( 56.54 - 57.11 ).
Inventories :
  1. Overnight : Long
  2. Yesterday's short-term traders : Slightly short.
Opening characteristics :
  1. Insi...

CL Trading day November 8 2017 PM

08.11.17 11:10 PM By bernard - Comment(s)
Oil inventory news day .... Context :
  1. Oil inventory number release at 10:30PM.
  2. Day, month and week up trend.
  3. Yesterday balance and inside day.
  4. Overnight inventory short. ( pivot 57.02 ).
  5. Short term inventory long. ( pivot 57.13 ).
  6. Yesterday's prominent POC ( 57.17 ).
  7. Three poor lows ...

CL Trading day November 7 2017 PM

07.11.17 10:44 PM By bernard - Comment(s)
Market Context :
  1. Day, month and week up trend.
  2. Short term inventory long. ( last accumulation pivot 57.10 )
  3. Overnight inventory neutral.
  4. Yesterday last distribution ( 56.96 - 57.42 ).
  5. Yesterday's spike ( 57.41 - 57.61 ).
I had three key levels to monitor at the open :
  1. 57.61 ( Spike...

CL Trading day November 6 2017 PM

06.11.17 11:28 PM By bernard - Comment(s)
Frustrating day ... But good lesson to be learned. Market Context at open :
  1. Day, month ( inside a balance ) and week up trend.
  2. Day breakout confirmation.
  3. Short term inventory long
  4. Overnight inventory long ( Pivot 55.96 )
  5. Gap opening
  6. Opening below overnight long inventory pivot.
We op...
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