The Best Oil Traders...

lets see how this goes but prepared for both sides if it goes up or down

Target hit

i was in the short got 1/3 of my quanitty and placed a small long too

The one thing I should have mentioned in my post was this: both those announcements are scheduled
at the same time every week. These announcements were used to rig oil prices so that Wall Street
Insiders could have a guaranteed payday twice a week: at the time of that article, the maxim was:
sell the API (the announcement of inventories as monitored by the American Petroleum Institute)
and buy the DOE (the inventories as announced by the U.S. Energy Information Administration,
a branch of the Department of Energy).

Of course, that article (and another one just like it with a similar title, "How To Trade Oil for HFT Idiots 101")
were published on Zero Hedge in 2015, when there was a prolonged recession and crude oil prices kept
gradually declining over a period of several months. Perhaps you'll remember that Kinder-Morgan,
a pipeline company, was in dire straits in 2015 as a result of the decline in oil prices: as the economy went
into decline, there was less economic activity and less need to deliver products, so there was a
shrinking demand for crude oil. Hence, there was less demand for Kinder-Morgan's pipelines,
so they could not charge high fees to their usual clients.

Here are some screenshots from a very thorough economic calendar on TradingEconomics.com : Economic Calendar

The API announcement:

A brief summary of this announcement:

Attached Image (click to enlarge)

The EIA announcement (from the DOE):

Attached Image (click to enlarge)

A brief summary of this announcement:

Attached Image (click to enlarge)

Oil Rig Count:

Attached Image (click to enlarge)

A brief summary of this announcement:

Attached Image (click to enlarge)

I'm not saying they do this in every recession, but it might be worth your while to monitor
the oil futures prices this week, at those times, to see whether a pattern emerges.
That was the clear message of the article(s) in ZH. (They are now behind a firewall.)

Best of luck.

Greatfull to have people like you here who have knowledge and capabilities
and surely will look into that info too

Target hit

Target 2 hit as well

Target hit

Target hit

used to trade CRUDEOIL back in 2023 when it used to be 70+ trying it again,
used to trading gold though strategy might not always work on other pairs (Working good so far 70% of the time or so on other pairs including oil)

long Awaited Oil entry is here

am going long at the current price with some quanitity and will add more after seeing more confirmations on 1h(engulf the preivous cnadle) or just some 15m patterns to add more

good luck with it

what a nice trade going on on oil already up 4 rr ( I had a .30 point stop) I hope someone did took it

yesterday oil had a nice push to upside i booked some profits and placed the trades at +20 points my trail got hit now i am going in again lets see how this goes