2016Sep21 I am going long to 45.77 with a stop at 44.32.
The EIA and API numbers are usually close when the API reports a much larger than expected drawdown or build.
This is really a rather high risk trade for the API and EIA have differed considerably in the past.
I chose my target based on the resistance levels set on 2016Sep08, 2016Aug30. My stop is based on the support that begins around the 44.32 price level (2016Sep15).
코멘트
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I exited my position for the number was not that high.
코멘트
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I am refering to the EIA inventory number for oil. Still made a profit though :)