Crude Oil Trading May 22nd 2015

Friday: May 22nd, 2015

Crude Oil Trading No Trades Taken Today.

CLPORT Method:
No Trade Today. Time Based Stop Hit.

There was a nice move after the time based stop that is very close to the pivot point of 6011 at 9:00AM CST. The move has went 2P on the move back to Pivot.

 

Today during the morning trading session, I saw no real high volume spike bars that got me excited to take a trade. I found myself sitting on the sidelines. With the exception of the move back to pivot, the crude oil market did not do much of anything.

The crude oil futures market basically stayed within a trading range between 5970 and 6000 for most of the day … that’s it 30 ticks back and forth.

Have an awesome and blessed weekend … and to the veterans … have a good Memorial Day on Monday.

 

Kind Regards, Good Trading and God Bless,

David M. Knight
TradeCraze

P.S. CLPORT Method continues its winning ways!

 

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.