CL Journal

Long June @47.88. Initial stop 46.21.

 

What's your profit target

 

It's a swing trade so no real hard target. Will just take profits, if so fortunate, when it looks like the market will reverse. I would be happy with 52.50.

 

Did you intentially open right before the inventory number?

 

no. Chart just looked good for a swing

 

Do you trade crude normally? About the only major market moving events are inventory every Wednesday at 10:30 EST and OPEC meeting info that happens every few months I believe.

 

Yes I trade regularly. We'll see if my stop is robust enough. We're down a little right now.

 

I'm going long around the 47.10 area.

 

i'll take mid 46's for a scalp

 

I don't know anything about Crude Oil. I just trade the charts.