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Wednesday, November 20, 2019

OIL ROCKETS ON INVENTORIES

“Oil inventories or roulette? … what the hell is the difference!?”

No need to visit a casino, just place your oil bets for the Wednesday, 10:30 A.M.
EST, oil inventories … sit back and relax, and either win the pile of chips or lose the
pile of chips, cuz most weeks that’s what happens … why should today be any
different?

Traded Brent today over at my new home, and I’ll have details tomorrow for all of
you … quite frankly, it’s “the place” to trade crude oil from the CFD side, instead
of futures, and my “net cost” to trade Brent today was right at 2.5 cents per barrel
the entire day … lets see you get that kind of deal anywhere else in a CFD, in 100
barrel increments, that conservatively puts thousands of dollars into your
account per year, no matter your account size … “winner winner, chicken dinner
folks!”, and you’ve only seen the “tip” of the proverbial iceberg … wait ‘till you
get the full story … as I said yesterday, be next to a bathroom cuz there’s a
chance you might soil yourself!

Crude today, putting in good ranges both in WTI & Brent … WTI having a slightly
higher range … no matter, take your pick really … both good trading vehicles, and
the oil algo for the M1 Scalpers Algorithm totally “nailed it” this morning AFTER
the inventories report, giving a short term scalping buy signal at the low of the
correction … those who have the “Traders  Course” [TC], know what I’m talking
about, even without the special chapter I’ll be adding this upcoming weekend
… all I’m doing is amplifying crude oil into its own chapter, giving more examples
and better understanding of the algorithm for scalping to oil traders specifically
… and like I said yesterday, right afterwards comes another update version with
another special chapter devoted to crypto … both covering the M1 scalpers
Algorithm and how to use it for both … I’m writing it as fast as I can to get it out to
you!

What I’m going to be recommending for oil traders, is to use the FX CHOICE
DEMO platform for running the algorithm [ECN classic or pro it doesn’t matter],
cuz they use the MT4 and the algorithms run on the MT4 … where I, and soon to
be you if you like money in your pocket, can’t run the oil algorithms on their
platform … they have their preset indicators and that’s it, which is fine … the oil
price on the new platform is actually inside the FX CHOICE bid/offer spread, cuz
the new spread is @ 1.3 cents in WTI … so, if it’s 57.00 bid at 57.03 at FX CHOICE,
it’ll be something like 57.010 bid at 57.023 [they use 3 decimal pricing for oil]
… and from yesterday, trading 3 times a day with 200 barrels via a $500 account,
over the course of a year’s trading puts $2,250 into your pocket … IF YOU DON’T
WANT IT, I’LL TAKE IT … seriously, don’t be stupid.

Tomorrow more than likely sees me able to announce my new brokerage
relationship, as they are doing back office stuff to get me up and going … and
quite frankly, I’m not leaving anybody behind, cuz as I said yesterday, I’ve got a
great deal for oil & crypto traders once the ball starts rolling … until tomorrow
mi amigos … Onward & Upward!!

Have a great day everybody!

-vegas


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