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Attachments: WTI Crude Oil Trading
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WTI Crude Oil Trading

Quoting Jolita
Possible to retrace to 77, but also bears need to touch 70, choosing the second option for now.
Jolita, what is the swap rate (buy/sell) on Brent at your broker, now/today ?
I am so mad at myself. Focusing on $70. I missed a good entry at $72.63
Be humble or be humbled.
Quoting AlexandraKT
{quote} I did an account there already, got on the page, but I get to much data and I do not know how you get it with options, futures.. in the left corner, how do you choose from it, get from a long table to 2 pieces of data ... {image}
You have to subscribe to email alerts on CME website in order to get that summary that Jolita shared. OR do it in spreadsheets yourself.
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@jolita share your take on US OIL
WTI 4hr Structure isn't clear at the moment, but I see the bears loosing momentum and the bulls, slowly and carefully taking over.
Quoting AlxT
{quote} I did an account there already, got on the page, but I get to much data and I do not know how you get it with options, futures.. in the left corner, how do you choose from it, get from a long table to 2 pieces of data ... {image}
Hi, sorry, missed your post.

You can find under
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Select Report you would like to view, select asset/instrument, it should work.

Select Block Trade alarms to get delivered to you inbox.
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Sure you can find many useful other available info
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OPEC watch tool has changed, reduced from 80% no change to just under 73% but added slightly to decreased production.
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OPEC Meeting was postponed to 30th Nov. Volatility will be high.Trade carefully, look out for direction.

Decreased/increased production can be interpreted as shortage or surplus, could be that OPEC is willing to push price higher by decreasing production, but can be read as reduced demand.
Do your research, trade for profit.
Quoting walla2k
{quote} You have to subscribe to email alerts on CME website in order to get that summary that Jolita shared. OR do it in spreadsheets yourself. {image}
Thanks Walla!
  • Post #11,050
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  • Last Post: Nov 29, 3:19am (20 hr ago) Nov 29, 3:19am (20 hr ago)
So the Bulls have finally taken WTI, I'll be expecting a nice structural pullback to 75 and a target at about 77. What are your thoughts? @temujin
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