A Wednesday - Crude Traders Nightmare

This thread is exclusively for cude inventory trades & discussion.

will post more later

Everybody scoffs at inventory always vary of it and ur trading it boldly :clapping:. All the best.

Following may help to predict for Inventory data
https://twitter.com/TankerTrackers

They are not 100 percent accurate, but they are
improving exponentially...

But problem is Market markers will move market
in their desire direction, For example Yesterday
data was -0.930M which is bull but see volume build,
which shows bearish before inventory....

think bull share uses his own method effectively in inventory wait for his trades and explanation.

this thread is for lerning to execute crude trades during inventory better.

in my experience...

we don't need to look at inventory data as this will mislead for retail traders like us.. though i tried to trade based on the data , but failed most of the time. executed traders as market orders & without SL and all those stuff. also by the time we see the data & act the price moves so much already...

No need to look at the US crude charts (not useful atleast for me) ...

Rjshem had suggested me to do the analysis & back test for inventory days for 6months to 1 year & after ythat extensive back test / paper trades i was able to trade & profit most of the time on inventory days .

bcoz of the stress involved in 5 mins PA marking all pvts manually , i moved to 15mins charts with HF perspective & don;t trade whole day nowadays.

had so many charts marked with reasons for the trades, but lost all the data after my laptop crashed last year.

1. we see a GAP at 8 PM bar (inventory) , actually it wont gap trades in b /w that gap actually traded.

2. getting in to the trade before the inventory catches good move , but we must have SL placed already for that order... though there is a slippage if hits the SL... but that;s OK.

3. SL should be 1 pvt back ( will post charts later).

4. Price can go against the inventory data published (postive or negative data).

5 . Don't enter the running inventory bar, wait for the bar to complete in 5 min or 15min & then act.

Good.. An Wednesday, my favourite, I mean the movie.

:lol::lol:

Dont look at inventory data only look at 1-3mins candle if bearish follow the trend for 1hr max....Looking at inventory data has given me shocks so now I dont follow it just follow the trend

I may be wrong so test it with mini...

Abe suno , I found a nice way - you can try, on An Wednesday Trading on Crude. Keep a SLM in direction of prevailing trade below or near the DL or DH - tuta jarur hey.


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