Wednesday, July 22, 2009

Welcome another oilitradinginsider to the alumni

I'm happy to say one more member has joined in my quest and I will try to serve as always
We have taken a hard look and we have been both long and short we have been testing out es-ignal stochastics for day trading or scalping and found it to be helpful but you still have to also be aware of the currencies, pending news, the market ,oil stocks and other tech indicators and support and resistance areas . Well as you know currently long 65.05 lets see where she goes!

US Oil Inventory

Weekly change in inventory as of 17/07/09ActualChangeMarket ExpectationPrevious
Crude oil342.7 mmb-1.80 mmb-2.10 mmb-2.81 mmb
Gasoline215.4 mmb+0.81 mmb+0.88mmb+1.44 mmb
Distillate160.5 mmb+1.22 mmb+2.00 mmb+0.55 m

I don't ask a lot of you guys but I would be interested if mebers could log on at some point in the next week or so and vote on a poll I'm taking.








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