{quote} My bad it's a time-zone thing API numbers in my country were 22:30 local time.
Looks like Tue/Wed depending on time zone
All charts/ideas based on UK time zone
- #3,521
- Aug 28, 2019 10:52am Aug 28, 2019 10:52am
- | Joined Apr 2018 | Status: Trader | 1,732 Posts
Looks like Tue/Wed depending on time zone
- #3,522
- Aug 28, 2019 10:59am Aug 28, 2019 10:59am
- Joined Dec 2017 | Status: Trader | 30,688 Posts
bias for today is long , until trendline is broken to the down side {image}
yes yes yes
- #3,523
- Aug 28, 2019 11:18am Aug 28, 2019 11:18am
- | Joined Apr 2018 | Status: Trader | 1,732 Posts
All charts/ideas based on UK time zone
- #3,524
- Aug 28, 2019 2:53pm Aug 28, 2019 2:53pm
- Joined May 2019 | Status: iTrade | 1,838 Posts
I'm still trying to make sense of the inventory data/reaction this morning. Unless I'm missing something, there's some heavy selling pressure in WTI. I posted about my confusion here: https://www.energyexch.com/showthrea...3#post12470753
I hope to figure out a reason why crude dropped on a large draw. If not, what else could it be but bearish?
I realize as I made this post WTI has had a pretty good week. 
But I still see the heavy volume when selling occurs. I think Thursday's GDP figures might provide some direction. Not sure right now.
I hope to figure out a reason why crude dropped on a large draw. If not, what else could it be but bearish?
I realize as I made this post WTI has had a pretty good week.
But I still see the heavy volume when selling occurs. I think Thursday's GDP figures might provide some direction. Not sure right now.
We must learn who is gold, and who is gold plated
EventsTrader Live All Time Return:
54.4%
- #3,525
- Aug 28, 2019 3:07pm Aug 28, 2019 3:07pm
- Joined Dec 2008 | Status: Trader | 2,931 Posts
persistence and determination alone are omnipotent
- #3,528
- Aug 29, 2019 12:06am Aug 29, 2019 12:06am
- Joined Dec 2017 | Status: Trader | 30,688 Posts
yes yes yes
- #3,529
- Aug 29, 2019 12:49am Aug 29, 2019 12:49am
- | Joined Apr 2018 | Status: Trader | 1,732 Posts
Looks a tad bearish now, the wind has changed direction from the bulls sails for now 
Support still possible at 55.27, 55.60 would confirm more upside for me.
H&S pattern gives a downside target of 54.25, key level 55.44
Good luck
Support still possible at 55.27, 55.60 would confirm more upside for me.
H&S pattern gives a downside target of 54.25, key level 55.44
Good luck
All charts/ideas based on UK time zone
- #3,535
- Aug 29, 2019 11:22am Aug 29, 2019 11:22am
- | Joined Apr 2018 | Status: Trader | 1,732 Posts
What a horrible day to trade
Possible target 57.32...need to hold 56.60
Possible target 57.32...need to hold 56.60
All charts/ideas based on UK time zone
- #3,536
- Aug 29, 2019 11:27am Aug 29, 2019 11:27am
- Joined Sep 2017 | Status: Still a total mystery | 3,569 Posts
I agree, it has been a really depressing week (no pun
)... But liquidity/volume is coming back, I believe... as traders are coming back from summer siesta...
September will be TURBO month.. at least compared to this stall summer with many "fake" or "false hope" spikes/trends
)... But liquidity/volume is coming back, I believe... as traders are coming back from summer siesta...September will be TURBO month.. at least compared to this stall summer with many "fake" or "false hope" spikes/trends
Can you afford to take that chance?
3 weeks without any move.
- #3,538
- Aug 29, 2019 1:05pm Aug 29, 2019 1:05pm
- Joined Dec 2017 | Status: Trader | 3,743 Posts
Hola fellow oilers, hope the market is rewarding the hard work your all putting in, some great charts and comments, TC not very often them there arrows get it wrong, in fact cannot remember if they ever have , to the islanders, not buying Lanzarote, it’s way too hot, no wonder Greenland is appealing, a little cooler,🥵 so enjoy all, will be resuming the great game soon, oops just tried to take a drink from my phone and text with my beer, for now, great chess all, play the game, don’t let it play you, 
D
D
I don't need to be good at the game, only good enough to beat my opponent,
- #3,539
- Aug 29, 2019 1:28pm Aug 29, 2019 1:28pm
- Joined Dec 2008 | Status: Trader | 2,931 Posts
Hola fellow oilers, hope the market is rewarding the hard work your all putting in, some great charts and comments, TC not very often them there arrows get it wrong, in fact cannot remember if they ever have , to the islanders, not buying Lanzarote, it’s way too hot, no wonder Greenland is appealing, a little cooler,🥵 so enjoy all, will be resuming the great game soon, oops just tried to take a drink from my phone and text with my beer, for now, great chess all, play the game, don’t let it play you,
Inserted Video
persistence and determination alone are omnipotent
- #3,540
- Aug 29, 2019 1:45pm Aug 29, 2019 1:45pm
- Joined May 2019 | Status: iTrade | 1,838 Posts
WTI is showing a big change in volume in terms of when it occurs. There's been a slow shift that has been confirmed today. Volume spikes have occurred during CL rallies. This is a very bullish sign. The only reason why this wouldn't be bullish is if for some reason this buying was related to Hurricane Dorian. In which case, we should expect a sell off in the coming days. WTI has had a really strong week so far. Check it out: 
We must learn who is gold, and who is gold plated
EventsTrader Live All Time Return:
54.4%