Daily Alert – Tuesday 28th March 2023: WTI is biggest mover

Mark NugentDaily Alert, March 2023

Daily Alert – Tuesday 28th March 2023: WTI is biggest mover

Good morning.

Yesterday was moderately risk-on, although quiet. There were no Tier I events on the calendar.

However, I did see a consistently rising WTI and jumped on intra-day around 6pm UK-time. I chopped the stop-loss down to allow for the movement already made before I entered the trade. So far, the price has stalled around 1x risk in the money.

Today is another sparse day on the calendar. I welcome the chance this gives us for a bit of a breather.

I’ll be back tomorrow.

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