Day Trading Strategy for Crude Oil Inventories News 1030am Wednesday



http://www.sidewaysmarkets.com/2010/11/day-trading-strategy-for-crude-oil.html Wow... what a great day we had in the room today, earning over 260 ticks on only 4 contracts. We made some easy money on Gold early in the trading session buying the breakout and then buying the pullback with our Wave and Breaker Patterns We had 1030am news today on Crude Oil, so we waited for that news before we traded crude, and the patience paid off! We saw lower than expected inventories on crude oil @ 1030, and we knew EXACTLY what to do with that info...and it may not be what you THINK would have happened. We sold the highs on crude oil at 1030 and literally took EVERY tick of profit on the way down to the lows of crude oil for over 100 ticks on crude in the last 60 minutes of the morning. An exciting day of trading, don't miss the example on crude at 1030 and look at the loss I took on Gold so you don't make the same mistake I did. See you in the room tomorrow @ 745am we have to prep for tomorrow's news @ 830am

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