CL Trading day Nov 28 2017

28.11.17 10:59 PM By bernard - Comment(s)
Today's Context  General :
  1. Monthly up trend.
  2. Weekly - Confirming week ( 58.08 ).
  3. Daily - Confirming day ( 58.14 ).
  4. Yesterday's poor low
  5. Yesterday's selling tail
Inventory :
  1. Short term traders long. ( Pivots : 58.11 and 57.71 )
  2. Overnight short ( Pivot 57.75 )
Opening characteristics :
  1. Open inside and...

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 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 -...

CL trading day October 23 2017 PM

23.10.17 09:06 PM By bernard - Comment(s)
Very difficult market to trade today. Market conditions at Open :
  1. Overnight inventory was neutral.
  2. Short term inventory was slightly long.
  3. 5-Day balance
  4. Opening right at Friday's high
After the open we traded down slightly ( 6 ticks ) before trading back up through the open. We saw some ...
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