JamesThatcher
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DOE Crude Forecast is -5190
DOE Gasoline is -3062
API Actual Crude is 1026
API Actual Gasoline is 0066
Will therefor use a forecast of = -2500 for Crude oil
Will therefor use a forecast of = -1500 for Gasoline
Remember that OIL is a commodity, so more oil is bad for the market price and vice versa. A positive deviation means a SELL on OIL and a negative deviation means a BUY on oil! So we must reverse the triggers!! Check out the great move that API private report created last night here! Nice spike and continuation!
See charts here....
calendar.galaxysoftwareinc.com
Last weeks DOE report didn't trigger for us but was very close!
See charts here....
calendar.galaxysoftwareinc.com
Trade plan..
For non-slip platforms will use a timeout of 100ms
For platforms with slippage will use a timeout of 500msT1 = 3900 dev, with max conflict of 1500 on Gasoline
T2 = 4900 dev, with max conflict of 2500 on Gasoline
T3 = 6000 dev, with max conflict of 3500 on Gasoline
Additionally, I can set up another T1 trigger of +-5000 on Gasoline if Oil deviates by at least +-1750
On platforms that allow slippage control, I can run the same setup but allow GAS conflicts up to 5000 on all triggers.
DOE Gasoline is -3062
API Actual Crude is 1026
API Actual Gasoline is 0066
Will therefor use a forecast of = -2500 for Crude oil
Will therefor use a forecast of = -1500 for Gasoline
Remember that OIL is a commodity, so more oil is bad for the market price and vice versa. A positive deviation means a SELL on OIL and a negative deviation means a BUY on oil! So we must reverse the triggers!! Check out the great move that API private report created last night here! Nice spike and continuation!
See charts here....
Galaxy Economic Calendar
calendar.galaxysoftwareinc.com
See charts here....
Galaxy Economic Calendar
calendar.galaxysoftwareinc.com
For non-slip platforms will use a timeout of 100ms
For platforms with slippage will use a timeout of 500msT1 = 3900 dev, with max conflict of 1500 on Gasoline
T2 = 4900 dev, with max conflict of 2500 on Gasoline
T3 = 6000 dev, with max conflict of 3500 on Gasoline
Additionally, I can set up another T1 trigger of +-5000 on Gasoline if Oil deviates by at least +-1750
On platforms that allow slippage control, I can run the same setup but allow GAS conflicts up to 5000 on all triggers.