Jan 252012
 


CL 04 12 (1 Min) 01.25.12

1/25/2012 Weekly Crude Oil Inventory Report (0530 HI time / 1030 EDT)
Forecast: 0.9M
Actual: 3.6M
INDECISIVE
Started @ 98.06
1st Peak @ 98.31 / Reversal to 97.89 – 0531 (1 min)
25 ticks / -17 ticks

Notes: Spiked up about 15 ticks then retreated. Try to close out when the initial spike is less than 25 ticks total otherwise your stop loss will protect you.