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Crude Oil Trading Systems

Big Crude Trades on OPEC Production Cut

Posted by David Bean on

Big Crude Trades on OPEC Production Cut

Really big swings in Crude Oil today. Gap Fill and Reverse from Chapter 6 of our new book, and the free chapter we have been giving away, captured 239 points or $2390 per contract. Cobra Crude Oil also went long for 150 points while the Crude Oil Inventories Report trading system captured 70 points.  The news out of OPEC today is that there will be a decrease in production which drove prices higher off the lows. Crude has been really choppy lately as there seems to be a bullish sentiment that has Crude Oil above $50 and a bearish sentiment below...

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