Any idea how to trade CL on Inventories Day?

NexusFi · 2017-01-04T13:11:10-05:00

Hi guys :) I'm just seeing that trading on Inventoies Day usually gives me surprises, some good, some bad, but thinking that maybe is better to avoid it: 1- If you trade before the news you could get stuck by a range move 2- If you wait after the news came, which what I do always sometimes the price moves into a big backward move and it's difficult to know when the price is stable to make a good trade... How do trade this day guys??? or you just don't trade that day??? Thanks to all :girl_ …

Discussion in Commodities

Updated January 4, 2017

Any idea how to trade CL on Inventories Day?

January 4th, 2017, 11:25 AM

#11 (permalink)

noyss

Ibiza. Spain

Elite Member @ Ibiza

Experience: Intermediate

Platform: MT4

Broker: Darwinex

Trading: EminiSP, Crude, Euro/Dolar, Bitcoin.

Posts: 76 since Jul 2012

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Thanks Received: 32

adkelley

I trade the release on a micro timeframe counting usually on at least one reversal and commonly two

Hi Adkelley,

Microtimeframe? like 144 ticks?

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January 4th, 2017, 01:11 PM	#12 (permalink)
adkelley Park City, Ut USA Elite Member Experience: Advanced Platform: NinjaTrader Trading: CL, ZB Posts: 27 since Feb 2013 Thanks Given: 4 Thanks Received: 21	5 min bars and 7 tick range bars

Thanked by:

noyss

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Last Updated on January 4, 2017