CL Redux

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

  1. sh 76.30, st 76.45
     
    #8261     Jun 24, 2010
  2. stopped out. oil is getting ridiculously hard to trade
     
    #8262     Jun 24, 2010
  3. cstfx

    cstfx

    sh another 7640 avg 7625 st .5
     
    #8263     Jun 24, 2010
  4. schizo

    schizo

    Man, you can say that again. I thought the inventory number came out yesterday. So what's up with those whipsaws?
     
    #8264     Jun 24, 2010
  5. Thanks guys n gals ( nodoji who I admire ) for running this thread.
    I will be starting to trade soon in next 2 months.

    Can someone please tell me where do I get News / Events time schedule for CL. I look at yahoo economic calendar but is there a better more accurate calendar and also if a news breaks out during the days where should I get it from.

    I have IB and Tradestation.

    Thanks,
     
    #8265     Jun 24, 2010
  6. NoDoji

    NoDoji

    You have the wrong name, you know. You gotta have lots of emotion. I talk loudly to my trades!

    Crude inventories are reported every Wednesday @ 10:30 Eastern Time. You can successfully trade through the news using a special tactic wherein you close your eyes and click buy/sell randomly on your trading platform.
     
    #8266     Jun 24, 2010
  7. EON Kid

    EON Kid

    http://mam.econoday.com/byweek.asp

    http://www.newsstrike.com/resources/bulletin.htm
     
    #8267     Jun 25, 2010
  8. schizo

    schizo

    IB provides realtime news feeds from Reuters. You can filter the news by subject of interest (eg. commodity --> Crude oil). However, you must subscribe first.

    Be that as it may, I find news to be distracting. It's hard enough to follow the damn price on the chart. Who has the time to read? Plus, the fundamentals and the technicals don't always correlate as they should. But it's worth noting that while news can lie, charts will not.

    [​IMG]
     
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    #8268     Jun 25, 2010
  9. NoDoji

    NoDoji

    Anyone know if the spike on the crude chart was news-based or just a standard CL breakout through R?
     
    #8269     Jun 25, 2010
  10. As far as I know the only keeping the Oil in this levels right now is the storm developing in the Caribbean.

    Hope it helps.
     
    #8270     Jun 25, 2010