CL Trading day November 16 2017 PM

16.11.17 11:10 PM By bernard - Comment(s)
Market Context :
  1. Monthly and weekly up trend
  2. Day balance ( 8-day)
  3. 3 Poor Highs ( 9/11, 10/11, 14/11 )
  4. 2 Poor Lows ( 30/10, 2/11 )
  5. Yesterday's prominent POC
  6. Buying tail from yesterday
  7. We opened near the day balance low
Inventories : 
  1. Overnight : short ( pivot 55.54 )
  2. Short term traders : short ( pivot 55....

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 2 2017 PM

02.11.17 08:44 PM By bernard - Comment(s)
Low opportunity quiet market ...   The market today was quiet, characterized by low volume, no interest and balancing. We opened inside yesterday's range and value and traded inside a 32 ticks range from "A" period to "I" period. Market Context :
  1. 3- Day Balance ( 55.09 -...