CL Redux

Discussion in 'Journals' started by schizo, Oct 9, 2009.

  1. wutang

    wutang

    Thanks. What service/website do you use to keep an eye on upcoming oil news?
     
    #1501     Jan 26, 2010
  2. I think someone posts your question every tuesday afternoon.
    The api #s come out at 430est every tuesday. They are grey since reporting is optional.
    The eia #'s come out on Wednesday at 1030est.
    These are the true #'s since reporting to the eia is mandatory.
    If its a holiday week they both come out 1day later
     
    #1502     Jan 26, 2010
  3. wutang

    wutang

    Thanks, sorry for the repeat. I assume then that the API numbers on tuesday require a subscription to access?
     
    #1503     Jan 26, 2010
  4. Truth be told, I don't. I believe that if the fundamentals are significant enough, they will show up on the chart. Keep in mind that the official inventory is released by the EIA tomorrow. For the last 3 weeks, the two inventory numbers have moved the market in different directions following their release. Frankly, these weekly numbers are hocus-pocus in my eyes.
     
    #1504     Jan 26, 2010
  5. wutang

    wutang

    I'd agree. I'm more interested in staying out of the market when news is being released and something like this API release wasn't listed on bloomberg's or forexfactory's calendar.
     
    #1505     Jan 26, 2010
  6. Correct. I use this website for the info.
    http://www.countryhedging.com/commentary.asp
    They post the api info about 10-30minutes after in their "Afternoon Energy Wire"
     
    #1506     Jan 26, 2010
  7. Damn, I will NEVER trade between the hours of 16:00 and 3:00 EST!

    Talk about a slowass market. Why is it that ES and CL doesn't go anywhere while the Asian market is open but get back into the groove when our fellow European idiots are in full swing?
     
    #1507     Jan 27, 2010
  8. There's got to be an active foreign market somewhere you can trade. :)
     
    #1508     Jan 27, 2010
  9. usman88

    usman88

    Try KOSPI, HSI, DAX
     
    #1509     Jan 27, 2010
  10. the currency futures move a little after 8pm est I like 6A and 6E. And if you never sleep coffee starts moving at 3 which by the way made a lower high on the daily and looks like it finally going to breach the 100day. But I wouldn't short coffee with my own money :p
     
    #1510     Jan 27, 2010