Recent content by ULJUH

  1. ULJUH

    Best technical approach to trading calendar spreads in Oil

    hey send me ur email id, i have some prob in uploadin
  2. ULJUH

    Best technical approach to trading calendar spreads in Oil

    I use MACD, bollinger band and moving averages. But I dont use them to base my trades. How I use MAcd is say if 240 min macd is crossed over on the downside then I will try to take more shorts than longs. I will try to find the resistances ( fib levels, moving avgs etc) and will be shorting...
  3. ULJUH

    Best technical approach to trading calendar spreads in Oil

    I usually see 15 min, 60 min and 240 min chart to base my trades. I dont see any indicators but just use them to not get caught on wrong side.Most of my trades are based on reading the tape and taking positions accordingly . Yes algorithmic trading is getting more common. Our firm also started...
  4. ULJUH

    Scalping

    Nice man, I think you are working in the rite direction. I am more of a price action trader though. I have moving avgs,macd and bollinger bands on my chart but I dont base my trades on that. I use them to not get caught in the wrong side. Also there are some candlestick patterns inherent to my...
  5. ULJUH

    Scalping

    Hi, I trade brent calendar spreads. I usually scalp for 1-2 ticks in it and aim for 4-5 ticks in a directional movement. The brent spread market usually moves 10-15 ticks for the whole day. I keep 1-2 tick SL. I use candle stick chart of 15 min, 60 and 240 min. Apart from that I use moving...
  6. ULJUH

    Trading Systems Spread Trading ? The Alternative Trading Strategy

    Hi, #1 I mean the spreads narrowed from 1.05 to 0.75 in 2 days. eSignal.com free world stock market quotes and charts #2 Yes I was referring to the CFDs or the physical market. Brent Crude April Program 100,000 B/D, Down From March - Traders | 4-Traders Thanks
  7. ULJUH

    Scalping

    Re: Scaliping Hi Yubesh, I use price action and chart together to scalp. Chart helps me in identifying the pattern. By looking at charts it might be possible to figure out if the market is trending or if it is caught in a range. Price action helps in execution. It helps me, in identifying the...
  8. ULJUH

    Best technical approach to trading calendar spreads in Oil

    Hi Ram088. I work for a prop trading firm, my lot size is 20 lots but i rarely hit that much. Usually I trade with a clip size of 4 lots. I am a price action trader and mostly trade on that basis. My mentor told me that it takes atleast a year to learn brent market and I am still learning. Apart...
  9. ULJUH

    Trading Systems Spread Trading ? The Alternative Trading Strategy

    Hi, does anyone know the reason for the big fall in brent first month spreads. The loading program got out today and it was pretty neutral with 20 cargoes. But still the spreads kept falling.
  10. ULJUH

    Best technical approach to trading calendar spreads in Oil

    Hi Ram088, I started trading brent spreads in april 2012, Are you still trading the product?
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