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Attachments: Trading Crude Oil with price action + indicator
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Trading Crude Oil with price action + indicator

Which is the first source you use in order to find out the U.S. Crude Oil Inventories (released every Wednesday)? - in terms of speed.
Because, we know, every milisecond matters.

The official website is: https://www.eia.gov/petroleum/supply/weekly/ , but you need to refresh the webpage every second (at X:30 P.M.). Other financial websited (as forexfactory) are also good, but the update is delayed (15-20 seconds maybe)...

Any ,,tip and tricks" in order to find out the published value as soon as possible?

Thanks.
It is a strong buy signal in oil With target 55
Quoting mahk90
Hi all, i'm going through my fair share of sleepless nights in trying to be a competent trader. is anyone having any luck trading crude oil using price action but with an indicator to help confirm entries and exits. Thanks in Advance MAHK
Traded FX for a few years but becoming very interested in WTI Crude oil. Very definitive values on a barrel of oil and the DXY or other dollar indexes can be used as an inverse correlation. Oil is denominated in US dollars so stronger dollar lower oil and vice versa. USD/CAD can also loosely be applied as CAD is pegged to oil.

So the story now is U.S. shale producers are putting a damper on the OPEC production cuts.

http://www.cnbc.com/2017/05/26/us-sh...el-yergin.html

I would say prices go lower in the next month than higher as USD is about to show some legs to stand now.
Be humble or be humbled.
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I trated trading crude oil after the volume in fx dried up and currencies are more ranging, more fake moves.
OIL gives good moves has very less reaction to most of the US news(except the bigger ones like GDP and interest rates) oil is fundamentally driven so you'll make god profits when fundie aligns with tech.
never trade oil against the trend.
Intraday outlook NYMEX's WTI July contract
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Supply and Demand Chart
Oil Daily Chart

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Caution trend...

Trade safe
Quoting JimmyC
Supply and Demand Chart Oil Daily Chart {image} Caution trend... Trade safe
Was there ever a time when you shouldn't trade safe ?
Crude oil along with gold are great for breakout traders....some really incredible moves can be had, especially early in the trading session.
Note the appearance of an ID/NR4 pattern (inside day, and four day narrowing range as defined by Toby Crabel) that reversed the downtrend.

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Quoting atom3
{quote} Was there ever a time when you shouldn't trade safe ?
Apparently most ppl here, most days....
Anybody here trade the petroleum report?
yes there are few ways of WD Gann that PREDICTS REVERSAL DATES

I GOT THIS TABLE OF CRUDEOIL.

PLEASE HELP ME ON THIS
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see this , although i live in India i have no use of it , but you can benefit from it as it works good,

Thank You
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Hello everyone,

using this new method to trade intraday, u might find time to take a look,

Thank You
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Sold oil
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MT4, QChartist, Stooq, Alpha Vantage, TC 2000, TradingView, Yahoo Finance
Quoting JulienM2
Sold oil {image}{image}{image}{image}{image}{image}{image}{image}{image}{image}

target is 69.53 not 67.67 please notify yourself

thank you
Planet Scale Mercury Sinusoidal
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MT4, QChartist, Stooq, Alpha Vantage, TC 2000, TradingView, Yahoo Finance
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