Feeling like a yo-yo

FTP Day 2 September 2nd 2015

Wednesday: September 2nd, 2015

Crude Oil Trading: Funded Trader Preparation Day 2

Crude Oil market is a little quiet so far this morning before the Open Outcry. What will the CL inventory report offer up today?

Yo-Yo today inside crude oil after report release. I am taking my small gain and calling it.

I took 3 trades today. One was a breakeven trade, one was a loss of 18 ticks, and the third was a winner for 24 ticks. I netted 8 ticks on the trading day overall.

Calling it a trading day … I don’t like the price action too jumpy today … no price action pattern that I like to trade.

Good Trading and God Bless,

David M. Knight
TradeCraze

P.S. TST Trading Statement from Yesterday FTP Day 1:

 

 

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.