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JamesThatcher
Feb 18 at 13:34
7 posts
DOE Crude Forecast is -2426
DOE Gasoline is +1397
API Actual Crude is -5800
API Actual Gasoline is +3900
Will therefor use a forecast of = -4000 for Crude oil
Will therefor use a forecast of = +2500 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 I must reverse the triggers!!
Check out the great move that API private report created last night here! Nice spike and continuation!
See charts here....
https://calendar.galaxysoftwareinc.com/#/calendar;i=29263;t=2021-02-17;r=M1
Last weeks DOE report didn't trigger for us but was very close!
See charts here....
https://calendar.galaxysoftwareinc.com/#/calendar;i=28647;t=2021-02-10;r=M1
Trade plan..
For non-slip platforms will use a timeout of 100ms
For platforms with slippage will use a timeout of 500ms
T1 = 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.

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