May 13th, 2015: Wednesday
CL Inventory Report at 9:30AM CST.
By the way, taking on NO TRADE is still a trading decision.
Take CLPORT … Crude Oil Power Opening Range Trade … open range from 8AM to 8:05AM.
8:11AM waiting for 123 to form on chart before any entry … right now at 8:24AM CST … Blue Volume Bars Higher than RED Volume Bars … means CLPORT specifically … BUYING is better than Selling!!
No Trade Is Still A Trading Decision Today … Time Based Stop Hit!!
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CL Power Inventory Trade (CLPIT): Report Released at 9:30AM CST
Today’s trade entry was to short at 6158. Time of trade was 9:33:16AM. Exit on trade was a 2P Target of 6111. Time of exit was 9:35:20AM.
Short position earned 48 ticks in a little over 2 minutes of trading … this is $480 per contract traded!
Could this be your ONE trade a WEEK trade and done for those too busy to be tied to a computer every day?
Why Not!
Kind Regards, Good Trading and God Bless,
David M. Knight
TradeCraze
P.S. Want to see the trade in action? Check out this CLPIT Video!!
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.
