Please note that due to market volatility, some of the key levels may have already been reached and scenarios played out.

Trading positions 

• Natural Gas [NGF22] No new position justified from the risk/reward point of view.
• RBOB Gasoline [RBG22] No new position justified from the risk/reward point of view.
• WTI Crude Oil [CLG22] No new position justified from the risk/reward point of view.

Did you miss my last article about biofuels to diversify your portfolio? No problem, you can have a look at my selection through the dynamic stock watchlist.

Today, just before Santa comes to town, let me suggest 4 books that could help you improve your trading and tame the whispers of your psychology.

Reading list

• Reminiscences of a Stock Operator
  (Edwin Lefèvre, Foreword by Roger Lowenstein) – Goodreads.com
• Mind Over Markets: Power Trading with Market Generated Information
  (James F. Dalton, Eric T. Jones, Robert Bevan Dalton) – Goodreads.com
• Way of the Turtle: The Secret Methods That Turned Ordinary People Into Legendary Traders
  (Curtis Faith) – Goodreads.com
  
• The Trading Athlete: Winning the Mental Game of Online Trading
  (Shane Murphy) – Goodreads.com

MERRY CHRISTMAS!

Next week, Oil Trading Alerts will be published on Tuesday & Thursday.

As always, we’ll keep you, our subscribers well informed.

Thank you.

Sebastien Bischeri
Oil & Gas Trading Strategist