Crude Oil Inventories - February 18th 2021

DOE Crude Forecast is -2426
DOE Gasoline is +1397
API Actual Crude is -5800
API Actual Gasoline is +3900Will therefore use a forecast of = -4000 for Crude oil
Will therefore use a forecast of = +2500 for GasolineRemember 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 (dot)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....
calendar.galaxysoftwareinc(dot)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, we can set up another T1 trigger of +-5000 on Gasoline if Oil deviates by at least +-1750

On platforms that allow slippage control, we can run the same setup but allow GAS conflicts up to 5000 on all triggers.

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