Thursday, June 3, 2010

Crude Oil Trading Part 2 ... Nice Opportunity for Full Profit Target in Afternoon

According to rules you could have taken this trade and earned $540 per every contract traded today.

So with a 10 lot this means $5,400 plus the other $2500 from earlier today makes for a very nice day trading Crude Oil ...

Are there better times to trade it than others? Obviously, I think so ...

My 2 Cents ...

Good Trading,

David "Tiger" Knight

Crude Oil Trading on Thursday June 3rd after the Inventory Report

Here is a great example of patience paying off in your trading. There were a lot of false signals prior to the release of the Crude Oil Inventory Report ... then a slam dunk long trade!

Our traders were able to pull out $250 per every contract traded today ... do the math ... if you are trading a 10 lot then this is a $2,500 trade.

This is a sample of one of the charts that we are using for our new TCB - Taking Care of Business trading strategy for the Crude Oil Market.

Good Trading,

David "Tiger" Knight