When I first started trading I was all about the Technical Analysis, but
now I'm seeing the value of fundamentals. Right now I'm trying to
tabulate all, or at least the important crude oil market movers. As of
right now I have the EIA Petroleum Report, and Jobless Claims. I am sure
that there are many more since the U.S. dollar is directly related to
crude oil prices (inversely related, I should say), along with other
major commodities. So, whatever affects the U.S. dollar, will in turn
affect crude oil prices.
Here's the trades I made today, and also what I made in the last three days (be lazy about posting them):
USD/CAD (BUY)
Entry: 1.02486
Exit: 1.02557
Profit/Loss: +71
----------Yesterday----------
Crude Oil (BUY)
Entry: 98.71
Exit: 98.82
Profit/Loss: +11
----------Dec 20th-----------
CRUDE OIL (SELL)
Entry: 97.15
Exit: 97.40
Profit/Loss: -25
SILVER (SELL)
Entry: 29.30
Exit: 29.27
Profit/Loss: +3
---------Dec 19th-------------
CRUDE OIL (SELL)
Entry: 93.88
Exit: 94.17
Profit/Loss: -29
