QMX17 & CLX17 Predictions Binary Price Change Direction: 0, indicating a downward price changeBinary Price Change Probability: 27%Numeric EOD Price Change: -1.37Polar Numeric EOD Price Change Indicator: +.36
NewsToday I updated the training datasets of the ai with new historical data to improve the predictions. Here are Tuesday's after the re-training of the models:
QMX17 & CLX17 Predictions after re-training the models Binary Price Change Direction: 0, indicating a downward price changeBinary Price Change Probability: 36%Numeric EOD Price Change: -1.41Polar Numeric EOD Price Change Indicator: +.59
QMX17 & CLX17 ResultsActual Binary Change: 1Actual Change: +1.34
Today is a teachable moment. The models predicted a drop based on machine learning analysis of historical time-series data. But fundamentals come into play sometimes. Today the announcement of Saudi Arabia's export cutbacks caused prices to go up :/
These are indicators not a crystal ball. So when the fundamentals disagree with the predictions be careful of using the predictions as your sole input to your trading decision. Give the polar with the polar numeric price change more weight in your trading decision when the binary price change direction seems wrong.
How I TradedPlaced a short when I felt the price was as high as it would get today. Missed that bet because the price continued to climb. So I made a few other bets throughout the day to try and recoup my losses. That worked out ok. Ended up with a $25 dollar loss not including fees at eod.
Account WorthTuesday: $2,731.30