How to trade crude oil on inventory report » Online Forex ...

No expectation on crude oil inventories @ forex factory for tomorrow's announcement.

Anyone else notice this? I made a bit last week shorting EURCAD when the actual inventory was significantly less than expected. Anywhere else to find the expectation?
Thanks!
submitted by that_guy_pming_tits to Forex [link] [comments]

Important Guide About Oil Trading

One of the best commodities to trade in the market is the crude oil. It belongs to a very active market and it is popular among traders and investors. News about this commodity is abundant and it causes the oil price movements every day. Thus, it showcases many trading opportunities for day-traders and long-term traders alike.
It is a valuable commodity and it has marked its importance to mankind. This commodity is the main asset of many global industries. It is a major source of energy. It generates electricity, provides power for transportation, and allows factories to function. Therefore, oil price movements can affect many other assets such as bonds, currencies (forex), stocks, and in special cases even other commodities.
Developed industrial countries are the biggest consumers of this commodity. China, Japan, Germany, U.S., and the UK are one of the largest consumers. Its price is determined by supply and demand factors. When demand increases, its price will also increase. While a decrease in demand will also decrease its price. Thus, it is important to pay attention to these big oil-consuming nations, regardless of the commodity’s demand status.
Traders should be aware of various reports when they trade this commodity. The first one is the weekly oil inventory of America’s Department of Energy (DOE). This report presents the supply that is available for the market. Whenever the supply is high it implies that there is less demand in the previous week, making the price to fall. When the supply is low, it implies that demand is high which results in a higher price.
The second one is the annual report of the Organization of the Petroleum Exporting Countries (OPEC). This report presents the production of each representing countries. It checks how much supply is going to be produced for the world market. OPEC’s production will depend on the status of the world’s supply and demand. For example, if supply is low then OPEC will increase in production, resulting in low price. Traders must know of the influence the OPEC has in deciding the oil price.
Another component traders should pay attention to is the U.S. dollar. This currency is used for pricing oil. This commodity and the U.S. dollar has an inverse relationship. A lower price of the dollar means a high oil price and a lower price in oil means a high price of a dollar.
Crude oil is a special asset it requires exceptional skills to make a profit out of it. Newbies who are looking to trade this commodity must learn what moves it, its crowd, its history, and different physical variations. Trade oil with us, here in Millennium-FX.
Read More: https://blog.mlnfx.com/important-guide-oil-trading/
submitted by FinanceTrading to u/FinanceTrading [link] [comments]

How to read crude oil and Natural Gas inventory report ... Futures: API to EIA Crude Oil Inventory Impacts. How to analyse a crude oil inventory? News Trading: Forex Factory tutorial. - YouTube How to Trade the Crude Oil Inventory Report Forex Trading based on Crude Oil Inventories in the USDCAD Crude Oil Inventory data - Explanation based on demand and supply

Forex Factory is where professional traders connect to the forex markets, and to each other. Forex Factory; Story Log; User Time Action Performed; Crude Inventory -1M Barrels vs -1.29M Expected. From streetinsider.com. U.S. crude oil refinery inputs averaged 13.0 million barrels per day during the week ending October 16, 2020 which was 0.6 million barrels per day less than the previous week’s average. Refineries operated at 72.9% of their operable capacity last week. Gasoline ... Inventory Report: EIA (U. S Energy Information Administration) provides Stock/Storage Report of Crude Oil every week, which is known as Inventory Report. Inventory Report Time: 8:00 PM. Inventory Report Day: Wednesday. But if there is any Holiday than Inventory may be released on next day. From EIA website, you can find exact dates of Inventory ... Crude Inventory Increased 4.3 Million Barrels Last Week, Says EIA. From streetinsider.com. Summary of Weekly Petroleum Data for the week ending November 6, 2020 U.S. crude oil refinery inputs averaged 13.4 million barrels per day during the week ending November 6, 2020 which was 105,000 barrels per day less than the previous week’s average. Refineries operated at 74.5% of their operable ... (Updated - November 4, 2020 10:32 AM EST)Crude Inventory -8M Barrels vs +582K ExpectedCushing +936KGasoline +1.54M vs -404K expectedDistillate -1.58M vs -2.79M ExpectedSummary of... Crude Inventory +4.32M Barrels vs +1.15M Expected. From streetinsider.com. U.S. crude oil refinery inputs averaged 13.4 million barrels per day during the week ending October 23, 2020 which was 363,000 barrels per day more than the previous week’s average. Refineries operated at 74.6% of their operable capacity last week. Gasoline production increased last week, averaging 9.1 million barrels ... Crude Oil Inventory Forex Factory, nextfutures valutari del giorno di negoziazione, forex valutakurser danmark, obchodnnci. You're using a Virtual Account. September 26, 2017 at 5:21 am High, Low and Close. The high is the highest point ever reached by the market during the contract period.

[index] [6142] [21485] [28010] [24712] [17224] [11568] [14220] [14034] [24432] [8264]

How to read crude oil and Natural Gas inventory report ...

Want to trade like the professionals? Join our free webinar to get our FREE Order Flow trading strategy. See within the candles as institutional traders do! ... 95% Winning Forex Trading Formula - Beat The Market Maker📈 - Duration: 37 ... Futures: API to EIA Crude Oil Inventory Impacts. - Duration: 6:42. Simpler Trading 1,414 views. 6:42 . How To Trade ... Wednesday is a perfect time to set up a trade for energies going into the volatility of inventory numbers. Here's how I set this up each week. https://www.SimplerTrading.com https://www.facebook ... Crude Oil Inventory Live trading Strategy https://youtu.be/54KR1cqEN8I How to read crude oil and Natural Gas inventory report, Fundamentally explained (Hindi... Gail Mercer founder of Traders Help Desk demonstrates how to trade the crude oil inventory report which often can create volatile conditions. Nadex is the first and largest CFTC-regulated online ... To join our telegram channel: https://t.me/powerofsupertrader Contact us on https://t.me/TamilShareFX If you want to trade in forex kindly register here http... Here we trade the crude oil inventory news as it comes out. We trade the usdcad with the tool and watch how it works. I also give you some advice about what you do and do not want to do while ...

http://arab-binary-option.ogsvilar.tk