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Crude Oil Trading May 12th 2015

May 12th, 2015: Crude Oil Trading: CLPORT Method

Get Immediate Access:  My Quest to Become a Funded Trader at TST

  • Only one trade per day …
  • Taking the CLPORT Method …
  • or the CLPIT Method or LVLTW HVS 700 Method …
  • or a combination of all of my trading strategies in CL …
  • We need to make $1K before a $1K trading loss …
  • We have to trade 10 trading days for it count.

Short Entry Point was 5979 filled at 5976 today.

We are looking for move to go to Pivot Point on Down Move. This is a 2P Trade Setup Today.

Honestly, looked like market was going to go down to Pivot Point at 5932.

Market went down to a 1P Profit Target in today’s trading located at 5955 before moving back up … there was a double bottom that formed between 8:21AM to 8:31AM CST in trading today.

This double bottom stopped the downward move to the Pivot Point on the trade with no volume to show that the move down was over … trade won 3 ticks on the day overall.

Today was a unique trading day. Even though, you would think the CLPORT method would have went LONG … it went short because of the overnights and a very high 2107 Blue Bar Volume at 4:28AM CST. This trumped all other bars.

 

Kind Regards, Good Trading and God Bless,

TradeCraze

P.S. Would you like to trade over my shoulder with me? Coming this week … a very special opportunity I am calling My Quest to Become a Funded Trader at TST.

Here is what your members area should look like after successful confirmation of TST Quest:

P.S.S. Want to see my still FREE CLPORT Method GO Here for Immediate Access!: CLPORT Method

About The Author

David M. Knight

I am a 30 Year Futures and Commodities Trading Veteran. In addition, I enjoy games of skill and chance like: poker, craps, blackjack and roulette. During my professional career, I have developed and implemented successful trading strategies and methods; along with winning systems in games of skill and chance. Join with me on our mutual journey together.