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Crude Oil QS Shorts and Longs

Posted by David Bean on

Yesterday, Crude Oil QS I Trading System was profitable on the long side while the shorts were stopped out. Today, the longs were stopped out while the short side captured 130 points after the Weekly Inventories Report.

We talk about trading both sides in the video below. It uses a $300 stop loss so you can lose on both the long and short side or one side can capture a runner. Its hard to catch the big move in Crude Oil. This strategy gives us the opportunity to participate and potentially capture these moves. The last two days, they have captured 139 points. I haven't traded the short side but will work it into what I am trading after the next 1-2 losers.

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