Discussion in 'Commodity Futures' started by Buy1Sell2, May 3, 2017.
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.
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